Illinois Sports Betting Handle Reaches $305 Million
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- Category: Gambling Industry
- Created: Friday, 13 November 2020 04:54
The sports betting handle of Illinois for September hits $305 million. This is a whopping 117.9% increase in the betting handle of August, which was only at $140 million. They are the 4th highest ranking state in terms of handle for the month. Many bookie pay per head services also enjoyed a particularly good month for September, with Baseball, basketball and football in full swing.
It can be very beneficial for you to learn how to be a successful bookie, given how rapidly the betting market in the US is growing. For the month of September, the total betting handle in the whole of US is more than $2.8 billion.
Looking at the data, majority of the wagers made in the state was done through mobile betting. $283 million comes from mobile wagers, while retail sportsbooks only have a $22 million handle. This gives us a 92.7% share of the total handle. For mobile sports betting, we also saw an increase of 128.3% from the previous month.
Sports Betting in Illinois
College sports wagers have a handle of $19.7 million, motor sports at $260,000, while the bulk of wagers went to professional sports at $285.2 million. The increase further encourages better regulations for mobile and online sports betting in the state. Governor JB Pritzker extended his order that allows for mobile registration for new bettors back in September. This measure is said to benefit player acquisition and could contribute to the revenue of the state for a long time.
Illinois is the second largest betting market after New Jersey, and is also one of the fastest growing in the country. The potential for sports betting in Illinois will continue to grow. There are many sportsbook pay per head reviews you can read to help you get started in the online sports betting industry.
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