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Indiana sports betting revenue up despite handle dip in July


Sports wagering revenue increased in Indiana in July despite the state reporting a decline in handle.

Consumers in Indiana spent $203.8m betting on sports in July, a 1.4% drop from $206.6m in July 2022. This was also 9.1% behind $224.1m in June this year.

Baseball remained the sport of choice among Indiana bettors, drawing $69.4m in total bets. A further $12.6m was wagered on basketball, while $56.2m was spent in parlay bets and $62.9m betting on other sports.

Taxable adjusted gross revenue reached $23.3m, a 11.5% increase from last year. This was also 19.5% ahead of the $19.5m generated in June 2023.

Blue Chip Casino and partner FanDuel retained top spot in revenue terms, posting $8.3m from $62.9m in wagers.

Ameristar Casino and DraftKings took more in bets – $78.7m – but were slightly behind with $7.7m in revenue.

Belterra Casino and partner FanDuel rounded off the top three with $2.4m in revenue from $19.4m in bets.

The state collected $2.2m in sports betting tax during the month.