Legal sports betting has been around for quite a while in Nevada, but with other states joining the party starting in 2018 the numbers across the country have been staggering in terms of total money wagered, revenue, and more. With the upcoming NFL season nearing with 20 states allowed to wager on sports, expect these trends to continue to skyrocket. For the month of May, there was $3.7B wagered at legal sportsbooks in the US, with nearly $380M in revenue.

Let’s take a look a the latest legal sports betting revenue and handle numbers for the month of May, including numbers from 19 legal sports betting states. These numbers are eye-popping when you see it together, as we are approaching close to $60B in total handle and almost $4.3B in revenue generated.

 

Legal Sports Betting Handle and Revenue – May 2021

A look at the betting handle and revenue from each state that has filed revenues from May 2021.

State Handle Revenue
Arkansas $3,687,207 $508,325
Colorado $248,968,193 $15,154,761
Washington DC $13,772,411 $2,008,091
Illinois $507,279,761 $36,230,990
Indiana $254,445,226 $18,011,339
Iowa $114,882,963 $6,133,477
Michigan $257,748,035 $21,228,714
Mississippi $36,125,896 $3,888,299
Montana $4,000,000 $500,000
Nevada $477,583,774 $27,079,000
New Hampshire $42,367,381 $3,115,230
New Jersey $814,270,654 $52,895,430
New York $1,590,113
Oregon $27,780,213 $2,350,290
Pennsylvania $447,465,027 $37,419,313
Rhode Island $28,252,139 $2,772,910
Tennessee $160,900,000 $15,400,000
Virginia $226,963,573 $23,173,549
West Virginia $31,858,948 $3,334,580
May US Betting Handle $3,698,351,401 $272,794,411

(data from @astraffon)

 

 

Arkansas Sports Betting Revenue – May 2021

While not a big state for betting and with different rules to follow, Arkansas’ ceiling is capped until there is more mobile betting rules allowed.

State Handle Revenue
Arkansas $3,687,207 $508,325

 

 

Colorado Sports Betting Revenue – May 2021

The state of Colorado is known as one of the big ones for legal sports bettors, given the low entry points which allow for many platforms to enter. This makes for great competition, and a lot of money in revenue to the state.

State Handle Revenue
Colorado $248,968,193 $15,154,761

 

 

 

Washington DC Sports Betting Revenue – May 2021

The District of Columbia is set in between two states that will have full legal wagering in Virginia and Maryland, but DC itself has some solid numbers when it comes to betting as well.

State Handle Revenue
Washington DC $13,772,411 $2,008,091

 

 

Illinois Sports Betting Revenue – May 2021

To no one’s surprise, Illinois has become a haven for legal sports bettors. With over $500M in total wagers for May, expect to see Illinois skyrocket over $1B in wagers come football season.

State Handle Revenue
Illinois $507,279,761 $36,230,990

 

 

 

Indiana Sports Betting Revenue – May 2021

The state of Indiana has become one of the premier areas for generating sports betting revenue, as they brought in over $18M in May.

State Handle Revenue
Indiana $254,445,226 $18,011,339

 

 

 

Iowa Sports Betting Revenue – May 2021

Quietly, Iowa sports betting has generated a significant amount of money for the state, but it is not seen as one of the “giants” in the US for sports betting. Here are the May results.

State Handle Revenue
Iowa $114,882,963 $6,133,477

 

 

Michigan Sports Betting Revenue – May 2021

As one of the “new giants” of legal sports betting, the Michigan numbers have impressed each and every month. For May, sports betting brought in over $21M in revenue.

State Handle Revenue
Michigan $257,748,035 $21,228,714

 

 

 

Mississippi Sports Betting Revenue – May 2021

While Mississippi is not seen as a major sports betting state, there is a significant number of people wagering on sports.

State Handle Revenue
Mississippi $36,125,896 $3,888,299

 

 

Montana Sports Betting Revenue – May 2021

Sports betting in Montana is a bit different than other states, but they were able to make some money in May.

State Handle Revenue
Montana $4,000,000 $500,000

 

 

Nevada Sports Betting Revenue – May 2021

The “grandfather” of the bunch is Nevada, who has routinely had big numbers for years. Here’s the May numbers from May.

State Handle Revenue
Nevada $477,583,774 $27,079,000

 

 

New Hampshire Sports Betting Revenue – May 2021

DraftKings Sportsbook is the only platform in New Hampshire, which has done well for a smaller state. Here are the May numbers.

State Handle Revenue
New Hampshire $42,367,381 $3,115,230

 

 

New Jersey Sports Betting Revenue – May 2021

The Garden State of New Jersey has been crowned the new “king” of sports betting in terms of handle and revenue, and these numbers from May back it up.

State Handle Revenue
New Jersey $814,270,654 $52,895,430

 

 

New York Sports Betting Revenue – May 2021

While there is no mobile sports betting in New York, the onsite casinos have brought in a solid number. This will explode once mobile betting is allowed in the state.

State Handle Revenue
New York $1,590,113

 

 

Oregon Sports Betting Revenue – May 2021

The betting app is run by the Oregon lottery, which is one reason why the numbers have been disappointing given the size of the state. Less revenue and handle than Rhode Island for May. Here are the numbers.

State Handle Revenue
Oregon $27,780,213 $2,350,290

 

 

Pennsylvania Sports Betting Revenue – May 2021

The Keystone State is one of the leaders each and every month, and given the high taxes placed on sports betting it makes for a huge number in revenue every month. Here is a look for May.

State Handle Revenue
Pennsylvania $447,465,027 $37,419,313

 

 

Rhode Island Sports Betting Revenue – May 2021

While being a small state, Rhode Island still brought in nearly $3M in revenue for May.

State Handle Revenue
Rhode Island $28,252,139 $2,772,910

 

 

Tennessee Sports Betting Revenue – May 2021

As one of the only southern states to currently support sports betting, Tennessee will be a benchmark for football season in 2021. Here are the May numbers.

State Handle Revenue
Tennessee $160,900,000 $15,400,000

 

 

 

Virginia Sports Betting Revenue – May 2021

Despite being one of the newer states to have legal sports betting, Virginia has done very well in the early going. Here’s their numbers from May.

State Handle Revenue
Virginia $226,963,573 $23,173,549

 

 

 

West Virginia Sports Betting Revenue – May 2021

Here is a look at the betting revenue and handle for West Virginia in May 2021.

State Handle Revenue
West Virginia $31,858,948 $3,334,580

 

 

The Action Rush staff is focused on updating the latest odds, news, and insight in the legal sports betting industry.
Action Rush Staff