The Illinois Gaming Board reported nearly $92 million in adjusted gross sports betting revenue for April on Thursday, while handle topped $1 billion for the eighth consecutive month.
Operator winnings were up 2.7% from April 2023, which lagged behind the 22.8% surge in handle to $1.1 billion. Last year’s hold was just shy of 10% compared to this year’s 8.3% win rate. Handle dipped 12.7% compared to March’s $1.26 billion, while revenue was 7.5% lower.
Illinois became the fourth state along with New Jersey, New York, and Nevada to surpass $35 billion in handle in the post-PASPA era. April marked the 13th time the Prairie State reached $1 billion in monthly wagers, trailing only New York (26) and New Jersey (19).
With only Kentucky and Arizona yet to report figures for April, it’s a near-certainty Illinois will pip New Jersey for second nationally for the first time this year.