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Illinois Sports Wagering Operators Clear $70M In April Revenue

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Illinois Sports Wagering Operators Clear M In April Revenue


The Illinois Gaming Board reported practically $70.5 million in adjusted sports activities wagering income for April, with parlay winnings once more accounting for a considerable share.

The anticipated month-over-month downturn in conventional deal with that comes with the spring was obvious with a 13.6% drop to just about $840 million from March’s file $971.3 million wagered, however that loss was cushioned by BetMGM conducting its first full month of enterprise on the cell aspect. The seventh digital operator to enter Illinois, BetMGM generated near $50.8 million deal with — edging out each Barstool Sportsbook and Caesars for fifth — whereas accumulating barely greater than $2.5 million in income.

It was the second time adjusted income cleared $70 million in Illinois, and April’s complete ranks thirteenth within the post-PASPA period. The Land of Lincoln has 4 of the highest 20 all-time month-to-month income totals, every surpassing $60 million. Regardless of the drop in deal with, income climbed 16.2% from March, because the 8.4% win fee was greater than two full share factors larger.

With solely Arizona but to report, Illinois seems to be to have a lock on third for nationwide deal with in April. With greater than $3.3 billion in year-to-date deal with, the state overtook Nevada for third in that class by roughly $30 million. In March and April mixed, Illinois outperformed the Silver State in deal with by practically $360 million, producing greater than $1.8 billion in bets.

The state obtained near $10.6 million in taxes, marking the second time it reached eight figures, together with final November’s file $11.9 million. Cook dinner County, which incorporates Chicago, obtained $752,133 in taxes after levying 2% on the $37.6 million in adjusted income from wagers positioned inside the county. The state has collected near $35 million in taxes up to now in 2022, working greater than $9.2 million forward of final yr.

FanDuel wields the parlay hammer

For all of DraftKings founder and CEO Jason Robins’ latest speak about specializing in single-game parlays, everlasting rival FanDuel clearly has set the usual for everybody to chase.

Almost 70% of FanDuel’s $34.2 million adjusted income for April — an all-time month-to-month excessive for any cell sportsbook in Illinois — got here through parlay wagering, by which it claimed greater than $23.3 million from $91.2 million guess for an eye-watering win fee of 25.6%. DraftKings was no slouch within the class with greater than $8.5 million in income with a 17.2% maintain, nevertheless it barely generated greater than half FanDuel’s deal with with near $49.7 million.

The general parlay maintain for Illinois operators was 19.9%, greater than 4 share factors larger than March, because the class produced an all-time month-to-month income excessive of near $37.8 million. Parlay wagering has generated practically $120 million in operator income via the primary 4 months of the yr, in comparison with $260 million for all of 2021.

That quantity may have been larger had BetMGM not reported a loss within the class, ending $97,044 below on greater than $9.3 million deal with. All six operators exterior BetMGM posted a maintain of 13% or larger on parlay bets, with PointsBet ($2.6 million) and Barstool ($1.3 million) reaching seven figures in income.

The cell roundup

FanDuel additionally cleared $1 billion in cell deal with for the yr, pacing all Illinois books with $287.3 million in accepted April wagers. DraftKings is lower than $10 million shy of that mark after producing $214.7 million deal with, although BetRivers had a six-month streak of $100 million deal with come to an finish after $94.7 million in wagers had been positioned.

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Rivers did edge out PointsBet for third in income with greater than $6.2 million, roughly $58,000 higher than the Aussie-based sportsbook. Barstool was fourth with greater than $3.6 million, barely lower than the mixed complete of BetMGM ($2.5 million) and Caesars ($1.4 million).

In deal with, PointsBet was a transparent fourth with near $70.3 million, the second consecutive month it surpassed $70 million. Barstool was lower than $1 million behind BetMGM to assert sixth at practically $49.9 million, whereas Caesars rounded out the group with greater than $45.3 million in wagers.

And on the retail aspect…

It was a slower month for brick-and-mortar sportsbooks, as income was nearly halved in comparison with March at greater than $1.7 million from near $28.7 million in bets. Surprisingly, Argosy On line casino in Alton close to the Missouri border was the highest income generator, with practically $440,000 from greater than $3 million wagered, and the one retail area to surpass $250,000.

For the second time in three months, Rivers On line casino in Des Plaines had a maintain of below 2%, maintaining lower than $220,000 from practically $11.5 million wagered. That was nonetheless higher than Grand Victoria On line casino in Elgin, which took a lack of practically $67,000 from greater than $1 million wagered in particular person.

Hoops the highest draw for bettors and operators

The conclusion of the NCAA Match plus the stretch drive of the NBA common season made basketball the highest draw for Illinois bettors, who wagered $296.2 million on such occasions in April. The $14.8 million in operator income was essentially the most for any sport, regardless of the maintain being simply shy of 5%.

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Baseball additionally generated a nine-figure deal with at $133.3 million, however bettors held their very own and restricted operators to $5.1 million in winnings for a 3.8% maintain. The home barely got here out forward in hockey, accumulating lower than $33,000 from $40.1 million guess as that win fee was lower than 0.1%.

Tennis ($4 million), soccer ($3 million), golf ($1.5 million), and boxing/MMA ($1.1 million) all produced seven-figure income totals for operators, which claimed one other $3.4 million within the catch-all “different” class.





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Illinois

Illinois’ important trio that stepped up big time in KJ’s absence

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Illinois’ important trio that stepped up big time in KJ’s absence


A surprise late scratch of a potential top five NBA draft pick like the one of Kasparas Jakucionis prior to Wednesday’s game very well could’ve thrown a wrench in the Illini’s recent momentum.

Or, at the very least, it probably should’ve looked like it had some effect. A 39-point drubbing? A 34-4 first half run? Alright, I guess nothing can slow down this Illini train right now.

Illinois didn’t skip a beat in its second emphatic victory in three games — and a big reason for that was the trio of guys it had step up to pick up the slack for its missing leader.

As read on TCR last night, the Illini made more history on Wednesday. Ben Humrichous, Tre White and Morez Johnson all reached 20 or more points, marking just the third time since the 1938-1939 season that Illinois had three 20-point scorers in the same game.

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The individual performances of those three were particularly notable because all three of Humrichous, White and Johnson put up their respective big nights in entirely different ways. And all three used Jakucionis’s absence to send a message about how far they’ve already come just a quarter of the way into conference play.

For Morez Johnson, Wednesday’s 20-point, 11-rebound double-double encapsulated everything he brings to the floor the second he steps on it. It was efficient — done in just 20 minutes — and was the result of his constant energy and activity that found himself around the basket on what felt like every possession.

Johnson’s been perhaps the most consistently impactful producer in the Illini rotation all season. His per-40-minute numbers are absurd — try 14.6 points, 17.7 rebounds and 3.3 blocks. His total rebound rate would rank in the top five nationally if he had the minutes to qualify. He just hasn’t gotten the opportunity to stuff the stat sheet as loudly as he did Wednesday. A well-deserved and long overdue breakout night.

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Photo by Michael Hickey/Getty Images

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Ben Humrichous’s explosive first half was the flashiest performance of the night, showcasing the ability to catch fire from deep that has always been there for him despite his December struggles. Humrichous nailed five first half threes and was a big reason the Illini’s lead ballooned in the midst of their dominating scoring run.

The most encouraging sign for Humrichous, though, is the way he’s beginning to diversify his game. Through December, Humrichous had attempted just 12 two-point attempts on the season, pretty much exclusively acting as a spot-up shooter on the perimeter. In just three games in January, Humrichous already has 14 attempts from two.

He flashed the ability to take advantage of mismatches with his size in some Marcus Domask-like mid post isos. He’s also gotten noticeably more aggressive attacking closeouts and finishing with force at the rim when the opportunity presents itself. Pair those things with a season-high 9 rebounds on Wednesday and you’ve finally got the version of Humrichous that makes Illinois its most dangerous self.

And quietly in the midst of everything else came another extremely productive Tre White performance. White reached 20 points and 7 rebounds in a similar manner to most of his recent production — doing a little bit of everything and doing it in a very efficient, inconspicuous manner.

Over the last 7 games, White is now averaging 16.1 points and 6.2 rebounds per game on remarkable 63.3% efficiency from the floor. He’s turned himself into a consistent second scoring option alongside Jakucionis when he’s out there while making the types of winning plays that result from competing to win, as Brad Underwood detailed Tuesday.

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White has made significant strides in almost every area, from scoring off the dribble to rebounding to the defensive end, and it’s taken Illinois to an entirely different level. Wednesday’s performance showed once again how dangerous he can be when he’s attacking and playing with high energy.

As a whole, the Illini certainly hope they’re without their star player for long. But their response without him — particularly from the Johnson, Humrichous and White trio that will continue to be vital to their success — was a welcome sight.

Illinois proved they have the depth to survive a man down while also showing what things can look like when its complementary pieces are at their best. Right now, it’s hard to imagine anything slowing down the roll these Illini are on.



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How To Watch Illinois vs. USC: Game Time, Odds, TV Channel & Online Streaming

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How To Watch Illinois vs. USC: Game Time, Odds, TV Channel & Online Streaming


How to Watch No. 13 Illinois vs. USC

Game Time: 11 a.m. Saturday

TV Channel: Big Ten Network

Online Streaming: FoxSportsGO

Radio: All Illinois basketball games air live on radio in the Champaign (WDWS-AM 1400) and Chicago (WLS-AM 890) markets. The game will also be broadcasted on other networks throughout the state; check the Fighting Illini Radio Network for more information.

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Odds: N/A

Quick Hits

Illinois Fighting Illini (12-3, 4-1 Big Ten)

Head Coach: Brad Underwood (8th Season)

Last Game: 91-52 win over Penn State

Gameday Reading:

USC Trojans (9-6, 1-3 Big Ten)

Head Coach: Eric Musselman (1st season)

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Last Game: 82-69 loss to Indiana

What Happened The Last Time These Two Played?

Nov. 19, 2012: Illinois 94, USC 64

LAHAINA, Hawaii — Brandon Paul scored 26 points and Illinois used a hot first half to ride to an easy 94-64 win over USC Monday night at the Maui Invitational.

Illinois shot just under 69 percent in the first half on its way to a 31-point lead at the break. USC pulled no closer than 18 points in the second half despite some sloppy play from Illinois, which finished with 20 turnovers.

The Illini (4-0), who never trailed, also got 13 points from DJ Richardson, 11 from Tracy Abrams and 10 from Tyler Griffey.

USC (2-1) was led by Eric Wise with 13 points.

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Illinois plays host team Chaminade on Tuesday. The Division II school knocked off Texas earlier Monday.


By the way, this is weird. Our “GameThread” on TCR (it’s something we used to do for games, you may remember), included this:

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“By the time this game is over both USC and the entire state of Hawaii may be in the Big Ten.”

Uhhhhh, good call, Tom Fornelli!



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Thornton grad Morez Johnson has career-high 20 points as No. 13 Illinois routs Penn State

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Thornton grad Morez Johnson has career-high 20 points as No. 13 Illinois routs Penn State


Ben Humrichous scored a season-high 21 points, Thornton grad Morez Johnson Jr. had a career-high 20 points with 11 rebounds and No. 13 Illinois beat Penn State 91-52 on Wednesday night at State Farm Center in Champaign for its fifth consecutive victory.

Tre White also had 20 points to help Illinois (12-3, 4-1 Big Ten) win with scoring leader Kasparas Jakucionis sidelined by a bruised forearm.

Penn State star Ace Baldwin Jr. aggravated a back injury early in the first half and didn’t play in the second half. He didn’t score, missing all six of his shots.

Nick Kern Jr. had 13 points for the Nittany Lions (12-4, 2-3). Zach Hicks added 11.

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Takeaways

Illinois: After sweeping No. 9 Oregon and Washington on a West Coast trip, Illinois was tasked with beating nemesis Penn State without Jakucionis, whose absence was announced just before the game. Humrichous and Johnson made up for the loss of Jakucionis.

Penn State: The Nittany Lions came into the night as the 10th-highest scoring team in the nation, averaging 86.8 points. They had scored a program record 80-plus points in six straight games. Penn State shot 31% against Illinois.

Key moment

A 21-2 Illini run in the first half gave them a 26-13 lead. Penn State missed nine straight shots during the stretch, going 7:56 without a field goal.

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Up next

Illinois: Hosts Southern California on Saturday.

Penn State: Hosts No. 9 Oregon on Sunday.





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