Illinois’s sports betting market experienced its first month-on-month decline in February, with the state’s Gaming Board reporting a fall in both revenue and handle.
Adjusted gross revenue for the month amounted to $35.4m (£25.8m/€29.8m), down 28.3% from the record $49.4m reported in January, and the first decline since the state’s licensees took their first bets in July 2020.
Online wagering accounted for $33.3m of total revenue for the month, some way ahead of land-based sportsbooks on $2.1m.
Par-A-Dice Gaming Corporation, which runs a FanDuel sportsbook, remained the market with $11.7m in revenue, despite posting a $24,123 loss from retail betting.
Casino Queen and DraftKings followed close behind in second with $10.9m in revenue, then Churchill Downs’ Midwest Gaming & Entertainment and Rush Street Interactive on $7.5m.
Operators paid some $5.8m in tax, with the majority of this – $5.3m – based on the state’s base 15% tax rate. The remaining $541,832 was generated via an additio..