Illinois Sportsbooks Persevere in August, But Regulatory Changes Will Happen

Illinois Sportsbooks Persevere in August, But Regulatory Changes Will Happen

Illinois sportsbooks have experienced growth in August 2024, despite operators facing revenue challenges. According to the Illinois Gaming Board (IGB), the state recorded a monthly betting handle of $878 million, marking a significant 30% increase compared to August 2023. Adjusted revenue reached $59.2 million, representing a 26% year-over-year growth. These numbers are great, especially considering that August is typically a slower month in the sports betting calendar in the US. You might see a similar trend in your sportsbook- check your pay per head software to generate a report to…

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New York Sports Betting Revenue Drops

New York Sports Betting Revenue Drops

May has not been a good month for the New York sports betting market, revenue wise. According to the latest report from the New York Gaming Commission, this is the third straight week that we are seeing less revenue. This could be due to a lot of factors. You can determine this yourself when you look at the numbers of your sportsbook through your pay per head solutions software. Before we go over New York’s, let us take a look at the numbers. The state has 9 operational online sportsbooks,…

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