Players wagered $779.8m on sports during November, up 72.9% from $451.0m in the same month in 2020, but 7.2% lower than the record $840.4m bet by players in October of 2021.
Figures published by the Illinois Gaming Board showed that $745.8m was wagered online, with the remaining $33.9m staked at retail sportsbooks across the state.
Players spent $593.0m betting on professional sports during the month, as well as $186.6m on college sports and a further $290,913 on motor racing events.
Illinois splits its wagers into two tiers, with tier one bets, defined as wagers on final match results, reaching $466.4m in November, while tier two wagers, such as prop bets or over/unders, attracted $313.4m in total wagers for the month.
Turning to revenue and adjusted gross revenue for November amounted to $79.3m, up 93.4% year-on-year, and comfortably surpassing the previous record of $52.6m set in October 2021 by 50.8%.
Online betting revenue amounted to $74.3m, while retail revenue reached 5.0m.
Fairmount Park, which is partnered with FanDuel, remained the market leader by some margin with $30.3m, ahead of DraftKings partner Casino Queen on $22.2m. Rush Street Interactive and Rush Street Entertainment’s Midwest Gaming joint venture followed in third, with revenue of $13.8m.
Original article: https://igamingbusiness.com/illinois-sports-betting-revenue-reaches-record-79-3m-in-november/
