Nationwide handle for state-by-state sports wagering, which began in June 2018 following the U.S. Supreme Court striking down PASPA, surpassed $300 billion Tuesday when the Illinois Gaming Board reported a record handle of $1.38 billion for the month of November.
As more and more states have legalized sports betting to try and keep tax revenue within its borders, wagering has skyrocketed on a year-over-year basis. There were only seven states offering sports betting at the end of 2018, with a combined handle totaling $4.6 billion. Illinois’ handle pushed November’s wagering to an all-time monthly high of $13.5 billion from 29 of the 31 states taking action, while Arizona and Kentucky have yet to publish their respective reports to close out the month.
