Illinois Sports Betting Handle Rises 9%, Profits Drop 26% In September

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Sports betting was up 9% year-over-year in Illinois during September, but revenue in the very first complete month of football dropped off significantly.


- Illinois sports betting operators generated the very first billion-dollar manage because May.


- Revenue fell as wagerers kept sportsbooks' parlay hold to 13%.


- The per-wager tax created 37% of the state's total haul.


The Illinois Gaming Board just recently reported that $1.42 billion was bet for the month, the very first deal with to reach a billion dollars in the Prairie State considering that May and the 6th to go over $1.4 billion in the last 12 months.


However, income of $100.7 million was down 26.2% from the $137.1 million that online and retail sportsbooks carried in during September 2024. Nearly $99 countless the most recent revenues originated from mobile wagers, which were down 15.2% from the previous year.


The 7.1% hold was the 2nd lowest of 2025 in Illinois and down considerably from the 10.5% win rate in September 2024. Entering September, the annual typical hold was 9.7%, however that was lowered by customer-friendly outcomes early in the NFL season.


Accumulating


Illinois sports wagering operators paid $28.7 million in taxes to the Prairie State, with $1.1 million going to Chicago-area Cook County.


The Land of Lincoln filled its coffers with $10.6 million from the state's new per-wager tax, which entered into impact in July and was most likely the cause for the drop in the amount of online bets put in September. The most recent reported month marked the very first that all levied their own surcharges or wagering minimums to offset their expenses on the tax hike.


In September, DraftKings accepted more than 11.2 million bets, which totaled up to $4 million in taxes to the state. FanDuel paid an even higher $4.5 million on nearly 11 million wagers. No other online sportsbook reached $600,000 in monthly wager payments. DraftKings and FanDuel combined have filled the Prairie State's coffers with more than $16 million in per-wager taxes.


Parlay plummet


Parlays played a significant role in the year-over-year revenue drop. The 13% hang on September's multi-leg wagers was the finest for Illinois wagerers since March.


FanDuel produced the most earnings in September, using a 9.4% hang on a $417.9-million manage to nearly reach $40 million in earnings, with more than $25 million coming from parlays.


DraftKings had the greatest manage with $507.9 million, however the online operator turned just a 5.6% hold to make $28.7 million in profits, thanks primarily to bettors decreasing their parlay hold in half compared to the last four months.


Fanatics Sportsbook was the only other online operator to create more than $100 million in wagers throughout September, but it only produced a 6% hold. BetMGM and bet365 were two of the couple of online sportsbooks that achieved a win rate over 7%.


More taxes?


Now that the Prairie State's per-wager tax is settling in, Chicago is trying to get in on the action. The city's mayor proposed a 10.25% local wagering tax in his 2026 budget plan, but Illinois lawmakers are hoping to suppress another walking attempt.

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