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Indiana sports betting handle continues to decline in April


Sports wagering handle in Indiana fell year-on-year in April, while the state also experienced a month-on-month decline in player spending.

Consumers bet $321.4m on sports during the month, down 10.7% from $360.0m in April last year and also 25.8% behind the $433.0m wagered in March of this year.

Basketball was again the most popular sport to bet on, drawing $91.6m in wagers, ahead of baseball on $61.2m and football with $3.4m. Some $91.6m was wagered in parlay bets and $74.0m was spent betting on other sports.

In terms of adjusted gross revenue, this amounted to $29.4m, which was 2.4% higher than the $28.7m generated in April 2022 but 31.3% short of $42.8m in March this year.

Blue Chip Casino and partner FanDuel remained the market leaders after posting $11.8m in revenue from $106.3m in total bets for the month.

Ameristar Casino and partner DraftKings followed closely behind in second with revenue of $9.1m and a $103.2m handle, then Belterra Casino and partner FanDuel with $3.3m worth of revenue and a $35.0m handle.

The state collected $2.8m in sports betting tax during the month.