Illinois sports betting volume falls below 500m in June

Illinois bettors wagered $476

Illinois bettors wagered $476.5m in June, knock down from $507.3m in May. The number is the lowest amount wager in Illinois since November 2020.

The day-by-day stride of betting slowed to $15.9m over the 30 years of June, which was downward from $16.9m per daylight inward May.

“Illinois sportsbooks are real a great deal continuing downwards the same itinerary as to the highest degree major US markets inwards June, with revenue surging despite the seasonal headwinds workings to hold grip down,” said Eric Ramsey, analyst for the PlayUSA.com Network, which includes PlayIllinois.com.

While take down than the previous hexad months, Illinois sports betting still turned in the third-highest grip of participating states in June. Sports betting in New Jersey turned inward a $766.9m handle, while Nevada sports betting hit $545.5m.

June’s handle pushed the lifetime add together for Prairie State to $5.1bn, making it the quaternary country to get through $5bn - doing so inwards 16 months, breaking New Jersey’s enter of 18 months.

“Even with all the twists and turns o'er the cobbler's last year, that is to say the back-and-forth with in-person enrolment requirements and pandemic restrictions, Prairie State continues to jailbreak unexampled ground,” said Joe Boozell, psychoanalyst for PlayIllinois.com.

“Illinois bettors remain extremely engaged, keeping the state entrenched among the nation’s sports betting heavyweights the likes of Nevada and New Jersey,” he added.

Gross gaming revenue rose to $48.2m from $36.6m in May. That is the tertiary highest revenue come inwards province history, only when surpassed by the register $49.9m band inwards Mar and $49.4m inward January. July’s gross revenue produced $47.5m in familiarised 144 revenue, yielding $7.7m inwards tell and local taxes.

Basketball remained the whirligig sport, attracting $126.9m in bets, shoot down from $154.3m in wagering in May. Tennis jumped to $40.3m in wagers from $32.6m inwards May.

“Bettors interact with single sports the like golf and tennis differently than major US team up sports the like football, placing more futures bets and single-game parlay bets that express get down odds to win,” Ramsey said.