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Indiana sports betting revenue and handle reach record levels in November

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Indiana set new monthly records for both sports betting revenue and handle in November, according to figures published by the state’s gaming commission.

Players wagered a total of $463.7m in November, narrowly edging out the previous record of $461.1m set in October this year by 0.6%. The total was also 84.4% higher than $251.5m in November of last year.

Football was the most popular sport to wager on during the month with $136.3m in bets, marginally ahead of basketball on $132.1m, then baseball with $1.4m. Players also placed $120.0m in parlay bets and wagered $69.1m in other sports.

The Indiana Gaming Commission also revealed new record adjusted gross revenue (AGR) of $47.7m, surpassing the previous record of $33.3m set in September this year by 43.3%, and also increasing 88.5% year-on-year.

The Blue Chip Casino’s FanDuel-operated sportsbook led the way in terms of revenue with a total of $15.7m off a handle of $110.6m.

Ameristar East in East Chicago with its DraftKings sportsbook ranked second with $13.6m in revenue, despite having a handle of $174.8m, while Hollywood Lawrenceburg and its Barstool sportsbook was third with $5.4m revenue and a $42.4m handle.

The state was able to generate a total of $4.5m in tax from sports betting in November.