OPINION: The Thomas McPeek Case Is a Warning to All Bettors

OPINION: The Thomas McPeek Case Is a Warning to All Bettors

Thomas McPeek placed legal sports bets in Indiana and Iowa and won big. Caesars voided his $800,000 in winnings after the results came in. Their justification? Vague claims of “structuring” and AML concerns. McPeek followed all the rules, yet he’s banned and unpaid. The integrity … Read more

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 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’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

Blue Chip Casino To Take Sports Wagers On NFL Opening Day

The Blue Chip Casino Is Opening A Sportsbook

The sports betting lounge will be located next to their restaurant The Game, in Blue Chip Casino. The venue will offer both kiosks and sports wagering windows that will accept bets. In the future, the casino will have a mobile sports betting feature for their … Read more