Home Gambling Illinois Players Bet Nearly $61 Million on Super Bowl – Leaving Sports Betting, State in the Dark, But Two Casinos See Red – NBC Chicago

Illinois Players Bet Nearly $61 Million on Super Bowl – Leaving Sports Betting, State in the Dark, But Two Casinos See Red – NBC Chicago

0

Illinois players have bet nearly $61 million on the Super Bowl, regulators said Tuesday, a 33% increase from last year when the big game was first legally listed in the history of the state.

The biggest day on the sports betting calendar saw Illinois sports betting come out on top with $9.5 million, generating more than $1.4 million in tax revenue, according to figures released by the Illinois Gaming Board.

The statewide handle, or total amount of money wagered, was just $45.6 million on Super Sunday of 2021, when the house won $7.7 million and 1 $.1 million went into state coffers.

Regulators are still compiling the full scope of Illinois bets, which were allowed on everything from the draw (headers) to the color of the Gatorade dumped on winning Rams head coach Sean McVay. Los Angeles (blue).

Of the eight legal sportsbooks in operation in the state, most wagers have been taken by the online sportsbook giants that have taken over the Illinois market since its launch in early March 2020. DraftKings at Casino Queen led with $21.5 million in Super Bowl wagers, followed by FanDuel Sportsbook and Horse Racing with $17 million.

They each made profits of $2.5 million and $5 million, respectively, but two suburban casinos had rough nights, if not as bad as those in Cincinnati. Hollywood Casino Joliet ended up paying winning bettors nearly $44,000 more than they took in, while Elgin’s Grand Victoria Casino ended in the red with nearly $145,000.

Illinoisans have bet more than $7 billion on sports in less than two years since Blackhawks announcer Eddie Olczyk made the state’s first legal bet at Rivers Casino in Des Plaines. The state broke its monthly record with a handful of $840 million in December, the most recent month for which data is available.

Wall-to-wall advertising of sports betting has raised concerns among councilors about a rise in gambling addiction. Calls to the state’s gambling addiction hotline have nearly doubled over the past year. year after Governor JB Pritzker signed the law authorizing sports betting, but that legislation also opened up more funding for advisory services.

Tax revenues from sports betting are earmarked for Pritzker’s $45 billion capital infrastructure improvement plan.

Sportsbooks could soon open at stadiums such as Wrigley Field and United Center, but they still need to seek state approval.