by Michael Molter | Apr 29, 2025 10:52 am | Sports Betting
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...
by Giovanni Shorter | May 13, 2021 11:20 am | Revenue
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...
by Robert Jones | Mar 14, 2021 12:28 pm | Revenue
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...
by Robert Jones | Jan 13, 2021 1:21 pm | Revenue
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 —...
by Hasan Nabulsi | Dec 13, 2020 8:30 am | Revenue
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....
