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 Jersey Gambling Industry Seen Surge from Casino Gambling and iGaming
September saw a strong performance from the New Jersey gambling industry. The Division of Gaming Enforcement released its latest financial report, which showed revenue of $558 million in September. Also, it was a 7.1 percent increase year-over-year compared to $521 million in September 2023. Revenue also grew year-to-date, reaching $4.72 billion, a rise of 10.1% from the $4.29 billion result in the same time last year to the result in 2024. Notably, September’s overall income gain is a consequence of strong contributions from sports betting, casinos, and internet gambling, among…
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