The Illinois Gaming Board reported record monthly marks of $1.16 billion in traditional sports wagering handle and $112.7 million in adjusted gross sports betting revenue in October, resulting in national all-time single-month records on both fronts in the post-PASPA era.
The Land of Lincoln had made incremental increases to set new handle records on three previous occasions this year after its initial $1 billion handle reported in October 2022. But this October’s 7.7% increase from September’s $1.08 billion was enough to finally get over $1.1 billion for the first time. It is the seventh billion-dollar handle for Illinois sports betting.
The 9.7% hold by operators resulted in the record windfall, a 10.4% increase from the previous mark of $102.1 million generated in October 2022. Operator revenue through the first 10 months of the year has surpassed $800 million, up 30.1% compared to the same period last year, while the $8.9 billion worth of accepted wagers is up 16.1%.
