April Sees Slight Dip In Sports Betting Activity In Indiana

Indiana Sportsbook

Sports betting dips 25.4% in Indiana in April month over month. Mobile sportsbooks still dominated the market in April with 88.4% of the total market. The biggest retail sportsbook of the month was Hollywood Lawrenceburg. INDIANAPOLIS – The sports betting market in Indiana saw slight … Read more

Indiana Sports Betting Revenue Dips In February

Indiana sportsbook

January’s sports betting handle in Indiana was $348.2 million while February’s handle was $273.8 million. Before February, Indiana’s sports betting handle had increased for the past five months. Indiana sports betting generated $1,610,811 million in tax revenue during February. INDIANAPOLIS – Indiana’s sports betting handle … Read more

Indiana Hauls In Over $1 Billion In Sports Bets During 2020

Indiana Sportsbook

The Indiana sports betting handle in 2020 reached $1,236,467,298 in total. Football had the biggest handle of any sport in Indiana with $350 million. Parlays accounted for the second-highest sports betting handle in Indiana with $316,214,098 brought in. INDIANAPOLIS — Indiana broke through the $1 … Read more

IN Sports Betting Handle Reaches Over $250M In November

Indianapolis Colts

Indiana sportsbooks were able to collect $250,872,627 in total handle for the month of November. Football attributed for nearly half of the total Indiana sports betting handle for the month. The state was able to collect $2.4 million in taxes from the sportsbooks. INDIANAPOLIS – … Read more

Indiana Sports Betting Handle Passes $207 Million in September

Indiana Sports Betting

Sports betting handle in Indiana surpassed $207 million in September. Football was the most wagered on sporting event in September in Indiana. The Ameristar Casino had the most wagers taken place than any other sportsbook. INDIANAPOLIS – The September sports betting numbers in Indiana show … Read more

Indiana Sports Betting Revenue In August Sees $169M In Wagers

Indiana Sports Betting

The August revenue numbers for Indiana sports betting have been released and it shows an increase in both betting handle and revenue. Indiana hit $169 million in sports wagers in August. Indiana took in over $900,000 in revenue from sports wagering. INDIANAPOLIS – The August … Read more

Indiana Sports Betting Revenue Shows Signs Of Recovery

Indiana Sports Betting

Indiana recorded $37.4 million in total sports betting handle in May and $3.2 million in revenue—a hold rate of 8.5%. Handle increased 42% from April and revenue increased 104%. Indiana sportsbooks appear to be on the road to recovery, but they won’t return to pre-pandemic … Read more

Indiana Sports Betting Revenues Down 88% From February

Empty Seats

Indiana released its April 2020 sports betting revenue report, and unsurprisingly, handle and revenue both decreased significantly once again. While overall revenue and handle are nosediving, more Indiana bettors are betting on non-traditional sports like table tennis and MMA. The road to full financial recovery … Read more

IN Will Launch Two More Online Sportsbooks For A Total Of Six

betindiana

Online sports bettors in Indiana have just been given two more sportsbooks to access for their betting needs. BetMGM and BetIndiana will be launching in the Hoosier State sometime in the near future. Internet and mobile sports betting applications have accounted for more than half … Read more

Indiana’s Successful Sportsbook Launches Come By Way Of NFL Bettors

Frank Reich

Indiana sportsbooks collected over half of their betting handle from football bettors. The books located next to NFL teams were the most successful sportsbooks in Indiana. Indiana now has the record for the highest betting handle during its launch month. INDIANAPOLIS – The first month … Read more

U.S. Sports Betting Is Fueling Growth For Penn National Gaming

Revenue Growth

In August, Penn National Gaming partnered with four different sports betting companies in order to give them market access in varying states. Penn National Gaming’s stock has risen 1.3% despite the industry having a decline of 13.6% in the past three months. For Q3 of … Read more

Everything You Need To Know About Indiana Sports Betting

Indiana Sportsbooks Are Now Open

Indiana sports betting was signed into law by IN Governor Eric Holcomb on May 8, 2019. There are now four land-based sportsbooks in Indiana currently accepting bets, with four more scheduled to launch in the coming days. Mobile and online sports betting in Indiana is … Read more