by Zachary Kelley | Jan 17, 2024 12:37 pm | Revenue
The nationwide sports betting handle post-PAPSA surpassed $300 billion on Tuesday. States cashed in on more than $2 billion in tax revenue in the last five years. Illinois’ record $1.38 billion handle for November pushed the all-time handle past the milestone. FanDuel...
by Evan Thornton | Apr 11, 2022 11:06 am | Revenue
Illinois residents only wagered $679.4 million on sports in February. Sportsbooks made in February just over half of the revenue that they did in January. SPRINGFIELD, Ill. – The regulated Illinois sports betting market saw a significant dip in both handle and...
by Jerad Paparella | Feb 3, 2022 6:09 pm | Legal
Sportsbook operator FanDuel has reached an agreement with the United Center to launch a two-story, in-person sportsbook located inside the stadium, home to the Bulls and Blackhawks. The next step is for FanDuel and the United Center to apply for a sportsbook license...
by Giovanni Shorter | Oct 29, 2021 12:51 pm | Sports Betting
Illinois set to end the in-person sign-up requirements for mobile sportsbooks in March 2020 The end date was announced at the 102nd Illinois General Assembly in accordance with HB 3136. SPRINGFIELD, Ill. – Illinois mobile sportsbooks will soon be able to accept new...
by Giovanni Shorter | Oct 14, 2021 12:03 pm | Revenue
Illinois sportsbooks saw $400.4 million in wagers in August, up from the $369.1 million wagered in July. Online sportsbooks dominated the market, with 95% of total bets for August coming from mobile sportsbooks. DraftKings was the biggest sportsbook in August....
