Sports Betting Revenue. 4th State Breaks $500M/Month

What’s happening? Illinois became the 4th state to take in more than $500 million in sports bets in a single month. Illinois came close to $600M for January.

Why is this important? Operator revenue (jobs) in January was $49.4 million. $7.2 million in taxes for the state. 39.5% of the state’s total handle came from basketball betting.

How will this be important? Not every state has legalized sports betting and as more states top $500 million in revenue for a month, the revenue numbers are enticing.

YogoNet & PlayIllinois | Illinois breaks sports betting revenue and handle records in January