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Indiana sets new revenue and handle records in December


Indiana sportsbooks took in a combined $12.0m on a handle of $161.8m – both new state records – as online sports betting continued to grow in the Hoosier state.

The state’s revenue was a 28.9% increase from November and 4.3% above the previous high in October, while handle rose 9.8%.

Online stakes came to $110.6m, up 14.9% from November. Online betting handle made up 68.3% of overall bets, up from 65.3% in November. Online revenue came to $7.8m, an 80.9% increase from November.

The state took in a total of $1.1m in tax, up 29.0% month-on-month and 3.9% from the previous high in October.

The Ameristar Casino in East Chicago and its DraftKings-branded online sportsbook were the main revenue generators in the state, bringing in a combined $5.8m on a $74.9m handle. Of this revenue, $5.0m came from online bets , from $66.7m worth of stakes.

Blue Chip Casino and FanDuel’s online sportsbook handled $36.0m worth of bets, bringing in $2.2m in revenue, while its land-based operations brought in $186,802 on stakes of $4.2m.

French Lick Resort’s BetRivers sportsbook, the first online sports betting operation available in Indiana, handled $7.9m worth of bets and took in receipts of $528,200. Its retail sportsbook saw $1.5m stakes, but took in only $13,587.

On 31 December, Churchill Downs Interactive launched its BetAmerica-branded online sportsbook in conjunction with Rising Star Casino. In its short time of taking online bets in December, players staked $2,129 and the casino posted negative revenue of $1,173.

Horseshoe Hammond Casino, close to the Illinois border and Chicago, was the most popular retail destination for sports betting, bringing in $1.1m on $13.4m of bets. The casino does not have an online sportsbook.

Football continued to be the most popular sport among bettors, with $59.1m wagered, up 2.3% month-on-month. Basketball followed, up 25.7% to $42.3m.

$35,828 was bet on baseball, while $12.3m was bet on other sports. $45.6m was wagered on parlay cards.

Sports betting handle from the start of legal betting on 1 September until the end of 2019 came to $429.7m. Revenue came to $41.4m and the state took in $3.9m in tax.