Illinois Sportsbooks' January Handle Up 14.6% Year-Over-Year
The Illinois Gaming Control Board revealed its sports betting figures for Jan. 2025, with sportsbook operators seemingly up compared to the previous year. Online wagers amounted to $1.4 billion in January, a 14.6% year-over-year rise from $1.2 billion.
Illinois sports are divided into Tier 1 and Tier 2 classifications, with professional sports yielding the greatest January manage and income. Total deal with, comprised of retail and online sportsbooks for Tier 1 expert sports, was $436 million, a decline from Jan. 2024, which reported a $527.7 million manage. Total earnings didn't fare any better, declining from $16.8 million to $15.3 million year-over-year.
Yet, Tier 2 professional sports reported a manage and earnings rise, with its manage increasing from $530.2 million to $778.3 million and revenue rising from $14.2 million to $17.9 million year-over-year.
College sports were likewise popular amongst Prairie State bettors, despite its Tier 1 sports reporting decreases in deal with and profits for the month. Tier 1 deal with decreased from $137.2 million to $113.6 million, while year-over-year earnings dropped from $1.6 million to $1.5 million.
Tier 2 college sports didn't have the very same luck as its Tier 1 counterpart. Its deal with increased from $91 million to $139.8 million year-over-year, while year-over-year income increased from $942,220 to $1.6 million.
Operator incomes
DraftKings keeps its lead out of Illinois' popular sportsbooks, yielding the highest manage combined with Tier 1 and 2 expert and college sports. The online operator reported a $506.6 million manage in January and $13.2 million in revenue, yet not the highest.
FanDuel produced the highest profits in January, at $16.5 million. This made up $869,514 for Tier 1 and 2 college sports and $15.1 million for expert sports. FanDuel also reported the second-highest January handle, $478.1 million.
Following in revenue order, BetMGM produced a total of $1.6 million, carefully followed by Fanatics Sportsbook at $1.5 million, then BetRivers at $1.2 million, and Caesars last with $775,487.
Illinois sportsbooks down month-over-month
Despite handle and earnings figures rising in January compared to the previous year, month-over-month figures revealed and deal with down for Illinois operators.
DraftKings' handle declined from $508.2 million in Dec. 2024, while earnings decreased from $32.9 million. FanDuel reported its deal with dropping from $500 million month-over-month, and income fell from $41.7 million.
Five of six sportsbook operators reported declines, while BetMGM was the only one to report a manage increase. BetMGM's haul increased from $74.7 million in Dec.
.