Illinois sportsbooks experience month-on-month decline in February

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Illinois sportsbooks fell in line with the national trend during February, posting a month-on-month decline in betting volume for the first time since launching last July. But the state still managed to narrowly edge ahead of Pennsylvania to place third among US states for the month. 

More concerning for what has been a booming industry in Illinois, however, is the return of in-person registration, which could stymie online sports betting growth for as long as it is in place, according to PlayIllinois, which provides news and analysis of the state’s gaming industry.

With open registration still in place in February, Illinois retail and online sportsbooks attracted $509.8m in wagers, down 12.3% from the record $581.6m in January. The dip was expected, with a shorter month and only the Super Bowl on which to bet. That game drew $45.6m in wagers, though some of those bets were accepted prior to February.

Jessica Welman, analyst for, stated: “Passing Pennsylvania should be momentous but it is almost certainly going to be short-lived, as the decision to return to in-person registration will likely mean the end of growth for the Illinois sports betting industry. 

“Open registration has been a key component in making Illinois one of the largest sports betting markets in the country. Forcing people to physically appear in a retail sportsbook is a counterproductive measure, which should be apparent whenever Illinois April data is released.”

Bettors placed $18.2m per day in the 28 days of February, which was down slightly from $18.8m per day in January. Illinois’ relatively modest pullback made it the third-largest US market in terms of money wagered, gaining ground on leaders New Jersey ($743m) and Nevada ($554.1m), while topping Pennsylvania ($509.5m) for the first time.

February’s handle also produced $30.3m in operator revenue, down 38.7% from the record $49.4m in January. But the month’s win produced $35.4m in taxable revenue, which yielded $5.3m in taxes for the state and another $541,832 in local taxes.

“February’s results in Illinois actually compare well to the other major markets in the US, showing that the state had yet to reach its ceiling,” said Joe Boozell, analyst for “Even with the return of in-person registration, operators have set a good foundation of bettors that will sustain the industry, even as the rules stunt the market’s growth.”

For the first time in months, retail sportsbooks were open for a full month, attracting $19.6m in bets. But online betting still drove 96.2%, or $490.2m, of the state’s handle. That is down from 98.9%, or $575.2m, in online betting in January.

DraftKings/Casino Queen remained the market leader by accepting $199.8m in online and retail wagers in February, which was down from the operator’s $244.2m handle in January but still represented 39.2% of the state’s total handle. $196.5m of February’s bets came online.

FanDuel/Par-A-Dice Casino was second with its $158.9m handle, $158.4m of which came online. The operator’s overall handle was down from $173.5m in January. BetRivers/Rivers Casino was third with $86.9m in online betting and $96.4m overall, down from $112.7m in January.

The market has also become more competitive, most notably from the March 11 launch of Penn National’s Barstool-branded app, which is partnering with Hollywood Casinos. But Barstool’s launch came just weeks before the end of open registration, hamstringing what has been a popular operator in both Pennsylvania and Michigan. 

“Barstool had just three weeks to build a customer base in an open environment, which should put it at a permanent disadvantage against the market leaders,” Welman advised. “That said, their brand is popular and should draw significant interest, helping to grow the market. It could be the last hurrah, of sorts, as new operators might be deterred by in-person registration.”

In February, Super Bowl betting drove more action than any other single event, of course. But the NBA and college basketball continued to be a popular bet, drawing $256.7m, or 50.4% of the state’s total handle, even as college basketball betting is slowed by the ban on wagers on in-state college teams. And bettors placed $45.3m on tennis, a surprising surge for what is a fringe betting sport in much of the US.  

“Illinois has grown in ways that are typical of most major markets, with an overwhelming preference for major US sports and driven less by single events,” Boozell said. “But tennis’ popularity shows that the state is unique in some ways, too. We will now see how operators adapt to the state’s regulatory decisions, which have created challenges that sportsbooks will have to overcome to grow in the future.”