Indiana sports betting handle soars in October
The Indiana Gaming Commission has revealed that players in the state staked $91.7m on sports in October, a month-on-month increase of 160.4%.
The second full month of legal wagering included the first contributions from mobile wagering, which accounted for $48.0m (52.4%) of total handle despite just three sportsbooks launching offerings in the month.
DraftKings, operating under Penn National’s Ameristar Casino, and the Rush Street-operated French Lick Casino were the first, on October 3, with FanDuel, partnered with Blue Chip Casino Hotel & Spa, following on October 22.
Across all licensees and channels, the $91.7m handle resulted in adjusted gross revenue of $11.5m, up 34.8% month-on-month. Mobile revenue amounted to $4.2m in October, of which DraftKings generated $3.5m, followed by Rush Street’s BetRivers-branded offering with $496,744, then FanDuel with $197,786.