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Indiana sets new monthly sports betting records in November


Indiana set new monthly records for sports betting revenue and handle during November, according to new figures released by the state’s regulator.

Revenue for the month reached $25.3m, which was 172.0% more than $9.3m in November last year, and also 19.9% higher than the existing monthly record of $21.1m that was set in October this year.

Figures from the Indiana Gaming Commission also show that the state’s handle hit a new high of $251.4m, up 70.7% from November 2019 and surpassing the previous record of $230.9m achieved in October 2020 by 8.9%.

Football remained the most popular sport to wager on in Indiana, with consumers spending a total of $113.5m on bets, representing 45.2% of all wagers placed during the month.

Parlay bets amounted to $66.0m in November, while basketball wagers totalled $17.7m and baseball bets $393,585. The remaining $53.3m wagers were placed across other sports.

Penn National Gaming’s Ameristar Casino and its DraftKings sportsbook retained top spot in the Indiana market, posting $8.4m in revenue from $103.7m in bets.

The Blue Chip Casino and its FanDuel sportsbook was close behind in second with $8.1m in revenue, despite having a significantly lower handle of $66.0m.

Other stand-out performers included the Penn National Hollywood Casino in Lawrenceburg, with $2.5m in revenue and a handle of $21.5m, while Belterra Casino, which runs a BetMGM sportsbook, posted $2.3m in revenue, but a higher handle at $26.2m.

Horseshoe Hammond was the only other casino to see revenue surpass $1m in November, with this reaching $1.1m off a handle of $7.3m.

Licensed sportsbook operators in Indiana paid a total of $2.4m in sports betting taxes during the month.