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Indiana sports betting records tumble in October


The Indiana Gaming Commission has revealed that the state set new records in sports betting revenue and handle for the second consecutive month in October.

Revenue for the month amounted to $21.1m, up 83.5% from $11.5m in October 2019 and 47.6% higher than the previous monthly record of $14.3m, which was set in September of this year.

Players in Indiana wagered a total of $230.9m on sports during October, a new monthly high that surpassed the previous record of $207.5m set in September, and also 151.8% higher than October last year.

Online betting was responsible for $193.0m of all bets placed in the month, with retail accounting for $37.9m of the total.

Football proved to be the main sport of interest for consumers, with $88.7m bet on the sport during the month. Parlay betting also attracted $61.1m in wagers, ahead of baseball at $26.6m, basketball on $10.8m and other betting at $45.6m.

In terms of licensed operators, Penn National Gaming’s Ameristar Casino and its DraftKings sportsbook continued to lead the way in terms of both revenue and handle. Sports betting revenue was $7.9m, while its handle was $97.5m.

The Blue Chip Casino and its FanDuel sportsbook ranked second with $1.9m in revenue and a handle of $65.6m, then the Penn National Hollywood Casino in Lawrenceburg with $1.9m in revenue after players staked $18.5m.

The Belterra Casino, which runs an BetMGM sportsbook, was the other stand-out performer in October, generating $1.9m in revenue from $20.9m in sports bets.