In June, Illinois reported a total sports betting revenue of $848.1 million, marking a 27.4% increase year-over-year and a 16.9% decrease from the previous month. Of this, online bets accounted for $823.7 million and retail bets accounted for $24.4 million.
The total amount wagered on professional sports was $839.6 million, with online bets contributing $815.5 million and retail bets $24.2 million. Additionally, the total betting volume on collegiate sports events was $7.2 million, and on racing was $1.3 million.
June was the last month before the new progressive tax rates took effect in the state. Starting from July 1, market leaders DraftKings and FanDuel will pay a 40% tax on revenue exceeding $200 million.
Illinois lawmakers will present a new iGaming bill in 2025
Illinois State Representative Edgar Gonzalez Jr. (Democrat-Chicago) stated that he intends to introduce a new iGaming bill in 2025. He mentioned that he and other supporters in the assembly are currently drafting a version.
Representative Gonzalez introduced HB 2239 in February 2023. The bill spent nearly a year under review by the House Gaming Committee before being resubmitted to the House Rules Committee, but it did not progress further before the legislative session adjourned.
