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Indiana sports betting revenue and handle reach record levels in November


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.