Noticias de ultima
  • 12.00 OnlyPlay Releases Three Festive New Titles in December
  • 12.00 Philippine Regulator Revokes License for Mactan Casino Project
  • 12.00 Indian Gaming Association Urges Congress to Crack Down on Illegal Prediction Markets
  • 12.00 Ontario iGaming Surges to Record $406 Million Revenue High in November
  • 12.00 Amusnet LATAM Celebrates the Launch of Its Land-Based Slots in an Exclusive Event in Bogotá 
  • 12.00 BetConstruct AI Launches 'Special Bets': Customization at the Core of Sportsbook Success
  • 12.00 Greece Cracks Down on Illegal Online Gambling, Blocking Over 11,000 Websites
  • 12.00 Dennis Algreen on SBC Summit’s 2025 Success and What’s Next in 2026
  • 12.00 Merkur Group’s Global Vision: Dominik Raasch on 2025 Milestones and the 2026 Strategic Roadmap
  • 12.00 Graton Resort & Casino Debuts New BOMBERMAN Slot Games by Konami Gaming in World Premiere Event
Sportsbook

PlayIllinois: Sports Betting Drops in April, But Illinois Claims Nation's No. 2 Market in April

Thursday 10 de June 2021 / 12:26

2 minutos de lectura

(Las Vegas).- Illinois became the nation's No. 2 market despite suffering the steepest month-over-month decline in sports betting volume in the young market's history, joining New Jersey as the only states with an April handle of more than $500 million. The decline in wagering was in line with a typical seasonal slowdown in sports betting that affected nearly every U.S. market, and less than expected with the return of in-person registration on April 4, according to analysts from PlayIllinois.

PlayIllinois: Sports Betting Drops in April, But Illinois Claims Nation's No. 2 Market in April

"Without the NFL or a major sports betting holiday like March Madness a decline in April was a near certainty," said Joe Boozell, analyst for PlayIllinois.com. "The Illinois market faced a double-whammy with the return of in-person registration, which will eventually eat away at the market's ceiling even if it hasn't dramatically impacted handle yet. And there is no easy solution to that without a legislative fix."


Betting at Illinois' retail and online sportsbooks fell 15.2% to $537.2 million in April from the record $633.6 million in March, according to official data released Wednesday.


April's handle created $43.6 million in adjusted gross revenue, down from $44.3 million in March, yielding $6.5 million in state taxes and $527,100 in local taxes.


All but one U.S. market reported a month-over-month decline in April wagering. Of the 10 largest, Illinois' decline was shallower by percentage than all but New Jersey (-13%), Tennessee (-13.6%), and Pennsylvania (-14.4%).


Nearly all of those declines can be explained by the expected seasonal drop in sports betting, which typically begins in April and continues until the football season.


"Illinois is proving to be remarkably resilient as a market, overcoming the inconvenience of in-person registration at least temporarily," said Jessica Welman, analyst for the PlayUSA.com network, which includes PlayIllinois.com. "A concerted push before in-person registration went into place likely helped lessen the short-term effects, but it will be difficult for Illinois to keep pace with the nation's top markets over the long term."


Online wagering accounted for 95.5%, or $513.2 million, of all bets in April.


With the partial removal of the ban on wagering on in-state college teams the state legislature did give retail books something to look forward to when college football returns. But the ban will remain for online sportsbooks, which will mute the importance of the change.


"The change is a positive one, but it won't make a significant difference in the short-term," Boozell said. "Illinoisans overwhelmingly place their bets online. So, any change that only affects retail betting will be limited in its impact. Hopefully this will be an incremental step toward lifting the ban entirely."


FanDuel/Fairmont's online and retail sportsbooks attracted $177.8 million in bets, the first time FanDuel has topped the market. DraftKings/Casino Queen was second with $169.6 million in combined handle. Barstool/Hollywood Casinos was fourth with $51.4 million in its first full month of online operation.


"FanDuel catching DraftKings is a seismic shift in the dynamics of the market, and a credit to FanDuel's campaign to register bettors ahead of in-person registration," Welman said. "Barstool's push to register customers before in-person registration took effect made a difference, too. But it will be difficult to make significant inroads on the market leaders, which all had months of being able to register customers unencumbered."

Categoría:Sportsbook

Tags: Sin tags

País: United States

Event

iGaming Club Conference Cancun

24 de November 2025

Levon Nikoghosyan Confirms iGaming Cancun’s Success and Future LATAM Expansion

(Cancun, SoloAzar Exclusive).- The vibrant energy of iGaming Cancun has set the tone for a new chapter in the Latin American iGaming industry. Levon Nikoghosyan, CEO and Co-Founder of AffPapa and iGaming Club, shared his enthusiasm for the event’s debut in Mexico, highlighting its impact on the regional market and the company’s ambitious plans for the future.

Thursday 04 Dec 2025 / 12:00

iGaming Club Cancún 2025 Concludes Successfully with Strong Connections in Its First LatAm Edition

(Cancun, SoloAzar Exclusive).- iGaming Club Cancún 2025 came to a close last night with a comprehensive experience of conferences, networking, and the AffPapa iGaming Awards LATAM gala, consolidating itself as a unique space for operators, affiliates, and providers in the region.

Thursday 27 Nov 2025 / 12:00

iGaming Club Cancún 2025: Affiliates, Operators, and Innovation Take Center Stage on Final Day

(Cancun, SoloAzar Exclusive).- The second and final day of iGaming Club Cancún 2025 unfolds today, bringing together operators, affiliates, and select B2B providers in a unique networking and conference environment that highlights the evolving dynamics of the Latin American iGaming market.

Wednesday 26 Nov 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.