Illinois Sports Betting Steams Toward End Of Archaic Signup Rule

Written By Pat Evans on October 13, 2021
Illinois sports betting

Baseball continued to drive Illinois sports betting in August as football warmed up.

Illinois sportsbooks took $400.4 million in bets, according to an Illinois Gaming Board report. As with most US sports betting markets, that was a significant jump from the slow month of July, in which IL sports betting handled $369.1 million.

August marked another month Illinois was among the top three US sports betting states, trailing only New Jersey’s $664.6 million handle.

Illinois revenue declines

Despite the more than 8% increase in handle from July, the $26.8 million in revenue was down nearly 29% from July’s $37.6 million.

August’s revenue represents a 6.7% hold for sportsbooks in the state.

Illinois collected $4.3 million in taxes.

Baseball paces IL sports betting

With football just starting to warm up in August, baseball drew $139.6 million in bets.

That is approximately 35% of the month’s handle, similar to the 33.6% baseball secured in July.

Parlays were not far behind, taking $127 million in wagers.

DraftKings keeps Illinois sports betting crown

Online sports betting accounted for approximately 95% of the Illinois market in August, or $380.3 million.

DraftKings Sportsbook accounted for $146.6 million of the online handle, or 39%. FanDuel Sportsbook maintained second place with $110.9 million.

BetRivers Sportsbook kept its third spot in the state, handling $64.8 million in bets.

OperatorOnline HandleTotal RevenueHoldOnline Market Share
DraftKings$146.6 million$7.3 million4.9%39%
FanDuel$110.9 million$9.3 million8.3%29%
BetRivers$64.8 million$4.6 million7.1%17%
PointsBet$27.3 million$1.9 million6.9%7%
Barstool$25.5 million$2.1 million8.2%7%
Caesars$5.2 million$198,9833.8%1%

2022 Illinois sportsbook bump coming?

September will likely see Illinois handle jump significantly as NFL betting returns. Iowa sports betting already turned in a record month in September, drawing $210 million in bets.

Iowa’s September jump also can be attributed to its first football season without in-person registration requirements. That could be a signal to the future in Illinois, which will see its in-person rule expire within months.

The requirement expires once the IGB awards the first license for an online-only sportsbook, which could come in December.

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Pat Evans

Pat Evans is a Las Vegas-based reporter covering sports business. Evans previously worked at Front Office Sports and the Grand Rapids Business Journal. He has authored two books: Grand Rapids Beer and Nevada Beer.

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