Revenue from sportsbooks in Illinois declined again on a month-on-month basis but was up 272.2% year-on-year in August.
This revenue came on wagers totaling $394.0m. This was up 181.2% from August 2020.
Of the $26.8m in revenue, $25.5m was made online, a 325.0% increase, while the remaining $1.3m came from in-person bets, up 8.0%.
Online handle was $374.9m, a year-on-year tripling, while handle from retail bets was $19.1m, which was 20.1% more than 2020.
Comparing the figures with July, revenue was down 28.7%. However, handle was up 6.7% month-on-month.
Illinois also breaks wagers into “Tier 1” bets – on final results – and “Tier 2” bets, such as prop bets and point totals.
“Tier 1” wagers totaled $216.1m and produced $14.2m in revenue. Tier 2 wagers, on the other hand, came to $177.9m, with revenue on these bets coming to $12.6m.
Breaking revenue down by operator, FanDuel and its partner Fairmount Park led the way with $9.3m, while DraftKings and Casino Queen brought in $7.5m. Rush Street Interactive – partnered with the land-based Rush Street Gaming business – brought in $5.4m.
Tax revenue for the state of Illinois came to $4.4m. $4.0m of this came from the state’s base 15% tax rate, with an additional $294,458 from the further 2% tax rate on revenue for bets placed in Cook County – which includes Chicago.