The legalization of online gambling in many states across the country gives more Americans access to placing wagers safely and securely, but it also means a larger volume of participants are subject to gambling addictions.
January 2021 saw Illinois surpass $500 million in total money wagered for the first time in state history, with a record-setting haul of $581.6 million in sports betting handle.
On March 1, FanDuel Sportsbook announced the completion of its rebranding and subsequent transfer of its Illinois betting license to FanDuel Sportsbook & Horse Racing. This transfer comes on the heels of FanDuel’s partnership with Fairmount Park Racetrack, whose name is now a thing of the past as FanDuel moves forward with the venture under…
The December 2020 numbers are in for Illinois sports betting, and the state finished the year strong. How strong? December saw the state hit $491.7 million in handle, $125.4 million in revenue, and generated $20.1 million in state taxes.