Illinois July Sports Betting at $369M; National Handle $2.8B
The Illinois sports betting handle continued to plummet in July. After June, when the state failed to reach a handle of at least $500 million for the first time this year, Illinois saw 2021’s lowest handle to date in July.
According to the July report from the Illinois Gaming Board, Illinois recorded a handle of $369.1 million, down 22% from June’s $476.6 million. The record handle for the state is $633.6 million from March.
July marked the fourth straight month sports betting was down in Illinois.
Illinois Sports Betting Handle, July vs. June
|Total handle||Mobile Handle||Revenue|
|Change||Down 22.5%||Down 22.2%||Down 20.8%|
Sports betting revenue was also down, with the state earning $37.6 million, down 20.8% from June’s $47.5 million. The state collected $6.1 million in sports betting tax for the month, down 20.9% from June’s $7.7 million.
Illinois will likely bounce back and return to posting handles above $500 million starting in September. The NFL betting season kicks off tonight with the Tampa Bay Buccaneers hosting the Dallas Cowboys, and college football is also in full swing now. Eventually, the NBA, NHL and college basketball will also provide a sports betting boost to the state that should remain through March Madness.
Illinois was third nationally in July sports betting handle, behind New Jersey ($578.7 million) and Nevada ($409.7 million). Pennsylvania ($304.4 million) and Michigan ($206.2 million) rounded out the top five.
Mobile Market Dominates in Illinois
Mobile sports betting made up $351.4 million of the overall handle for July but was down 22.2% from June’s $451.7 million. The retail sports betting handle was $17.7 million, down 28.6% from June’s $24.8 million for Illinois gambling.
Online betting made up 95.1% of the overall handle, which was similar to mobile wagering making up 94.8% of the overall handle in May and June.
It’s clear online betting remains strong despite in-person registration remaining a requirement for residents to place bets on mobile devices. In April, Gov. JB Pritzker reinstated the in-person registration requirement after halting it for much of the pandemic. Nevada remains the only state that also requires in-person registration.
Nationwide July Sports Betting
Illinois was the last state to report its July sports betting figures, so we now have a monthly nationwide number. For July, the U.S. saw a sports betting handle of about $2.8 billion with a revenue of about $244 million. Both figures were down more than 20% from June.
The numbers aren’t exact since Tennessee and Montana only provide rounded numbers in their reports and New York does not release its handle figures; in that state the handle is extrapolated from the revenue figure.
September will see a huge spike in national figures, not only because of football returning but also because Arizona sports betting launched on Thursday with a fully robust mobile market.
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