Big Betting February in IL Thanks to Super Bowl

Sportsbooks in the Land of Lincoln had a strong February thanks to operator-friendly results stemming from Super Bowl 59. 

In fact, Illinois sports betting generated a little over $128 million in February, up 53% compared to February 2024 as hold was a record 11%. Revenue was a 13% drop from January, which also enjoyed nice hold of 10%. Sportsbooks, rejoice!

To put that into perspective, handle came in at $1.15 billion but that was only 7.5% higher than last year and a 21% drop from January. 

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Big Names Dominate

As was expected, the big names DraftKings and FanDuel dominated February, accounting for 67% of the overall handle market. Fanatics Sportsbook IL was third at nearly 10% in share. 

DraftKings Sportsbook Illinois was the market leader at 36%. That was pretty much in line with how 2024 went for DraftKings when the brand averaged 36.5% of market share. 

We measure market share only for handle as it's the truest form of determining the market leaders, showing how much is bet with each sportsbook. 

FanDuel Sportsbook Illinois trailed only DraftKings in terms of market share with 31%. That was a slight drop from the full year last year when FanDuel averaged 33.4%. 

Our full breakdown of sports betting revenue on a month-by-month basis can be found on our Illinois sports betting revenue report page. 

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Sportsbooks Continue Hot Streak

February wasn't just a great month for retail and mobile betting apps in IL, it continued a trend of significant betting figures in the state.  

February marked the fourth straight month of plus-$100 million in revenue after sportsbooks generated $154.5 million in November, $100.4 million in December and $147.2 million in January. It was also the fifth month out of the last six where revenue eclipsed the century mark as only October generated less than $100 million, though that was due in part to terribly low hold at 5.6%. 

Handle also continued a streak of plus-$1 billion months as February marked the sixth straight month of beating that mark. 

These numbers double down on Illinois being the second-largest sports betting market in the US, behind only New York. The Land of Lincoln reached that mark last year after generating an annualized $1.2 billion in revenue and $14 billion in handle for all of 2024.