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Indiana records year-on-year betting revenue and handle increases

News

The state of Indiana achieved sports wagering revenue figures of $16.5m for the month of August, representing a 68.4% increase on the same period last year. 

The figure, however, is a slight decrease from the previous month, dropping by 5.7%.

Indiana’s overall handle for the month came to $215.6m, up by 27.6% from 2020 and up 10.8% from July.

The FanDuel affiliated Blue Chip Casino was the best performing venue, generating $5.0m of revenue. Ameristar Casino and its DraftKings sportsbook was next with $4.6m, followed by a BetMGM operated sportsbook at Belterra Casino which took $2.6m.

Ameristar Casino had the biggest handle with $79.5m, followed by the $53.0m from Blue Chip Casino, and Hollywood Lawrenceburg’s total of $20.1m.

Parlay bets experienced a surge in popularity this month, with their handle rising to $82.4m – an 81.9% increase. Baseball was the next most popular sport with $68.3m, while betting on other sports generated $43.1m.

Football experienced a significant year-on-year increase, with its $13.9m handle a 1822.0% rise from August 2020. Just $5.6m was wagered on basketball – down from $26.8m in July – owing to the ending of the NBA season.