- Illinois, Michigan, and Maine are all on pace to record milestones for the amount of sports betting tax revenue they’ve collected based on August reports.
- While Illinois will join the billion-dollar club with New York, Michigan will have brought in $100 million and Maine will be well over $10 million all time.
CHICAGO – The August sports betting revenue reports set to be released this month will mark major milestones for Illinois, Michigan, and Maine. For these states with legal sports betting, the tax revenue has become embedded in state finances.
In Illinois, sports betting tax collections will officially cross the $1 billion mark since launch. To become the second state to hit this mark (New York), Illinois has done so in just over five years.
Pulling in $263.5 million in tax revenue in the first six months of 2025 alone, legal Illinois sportsbooks are on pace for a record-setting year. With the state starting an excise tax for each online bet placed, we can expect these numbers to increase rapidly moving forward.
Further Reading: Illinois Becomes 3rd State To Hit $50 Billion in Sports Bets
Michigan and Maine Hit Their Own Markers
Michigan will also celebrate a milestone this month, surpassing $100 million in lifetime sports betting taxes. In 2025, the state has collected $16.7 million through July, with more growth expected as the NFL and college football betting season take off.
- The Detroit Lions are favored by 5.5 vs the Chicago Bears for Week 2.
Much of the tax revenue collected from legal Michigan sportsbooks is earmarked for the School Aid Fund, making it a consistent boost for public education.
As for Maine, it may be one of the newer markets in the country (launching in November 2023). But, they are poised to reach $10 million in tax revenue when August figures are released.
Through the first seven months of 2025, Maine has generated $3.51 million, slightly less than the total Vermont sportsbooks have for the year ($3.8 million). But with a betting handle 2-3x that of Vermont, legal Maine sportsbooks are a victim of their own regulations.
