Illinois sportsbooks earn 80m revenue for November
Illinois sportsbooks recorded their highest-ever monthly figures for the state in November, taking almost $80m in revenue for the first time
Illinois sportsbooks recorded their highest-ever monthly figures for the state in November, taking almost $80m inwards revenue for the first off time.
Although tot up wagering slowed to $780m, book win made for a bumper month. Indeed, Prairie State continues to live a substantial contributor to the sports betting market crosswise the US, accounting system for to a greater extent than 12% of tot sports revenue for November.
As explained by Eric Ramsey, Analyst, PlayUSA.com Network: “Even inwards what was the to the highest degree profitable month in US sports betting history, Prairie State stands come out because of how spectacular its maturation has been.
"What is most singular is the state’s sportsbooks preserve to post these results with the marketplace hampered past the forbiddance on in-state college sports and in-person registration. The sky testament really be the confine with those handcuffs removed.”
In terms of boilers suit betting hold for Illinois, the state fell simply short of revenue accrued a month earlier, with October’s turnover hitting $840m. There is anticipation, however, that the track record is non far from existence overturned, with fewer football matches inward November compared with October, and an outlook that the forbiddance on college wagering testament shortly be lifted. Additional sportsbooks are also expected to follow launched in the too soon months of 2022.
Joe Boozell, Lead Analyst, PlayIllinois, commented: “In a youth market place similar Illinois, sportsbooks keep to spread out their reach, and bettors are comme il faut progressively well-fixed with to a lesser extent formal products such as in-game betting. With an already expanding securities industry and regularization changes in the state that testament undetermined young avenues for sportsbooks, 2022 should get volatile growth.”
Of the leading operators inward November, DraftKings/Casino Queen topped the stilt with $289m revenue, followed past FanDuel with $216m.