Another record month
Indiana’s sports betting operations passed the $100m mark for the first time in November to set another monthly record.
Retail and online sportsbooks in the Hoosier State accepted bets totaling $147.3m in November, a 60.6% increase over October’s $91.7m handle.
passed the $100m mark for the first time in November
The total gross sports betting revenue in November was $9.3m, which is actually a decrease of 19% from the $11.5m revenue generated in October. Tax revenue for the state government hit $883,361 for the month.
Online betting is becoming more popular among players in Indiana each month. The three online sportsbooks operating in the state are all mainstays of online sports betting across the US.
The proportion of online sports bets to total intake in October was 52%. As more online sportsbooks are set to open in the state in the coming months, this percentage will likely grow exponentially.
Leaders in the market
DraftKings holds an online sports betting license in Indiana through the Ameristar Casino. DraftKings came out on top with a total handle of $64.1m in November, which is a significant increase from October’s handle of $39.4m.
FanDuel operates through the Blue Chip Casino license and saw its intake increase from $2.4m to $23.7m. This offering was only open for a few days in October, which is why there was such a low intake for the month.
DraftKings came out on top with a total handle of $64.1m in November
The BetRivers sportsbook has its online operations through the French Lick Resort. It was in third place with an intake of $8.4m for the month.
In terms of retail sports betting operations, the Horseshoe Hammond Casino took top spot with a handle of $13m. This casino is near the city of Chicago, with a lot of sports bettors from Illinois crossing the border to place bets. While Illinois has legalized sports betting, the sports betting licenses have yet to be handed out.
Next on the list for retail sportsbooks was the Hollywood Lawrenceburg Casino. It reported an intake of $8.8m and revenue of $1.1m.