Indiana sports betting revenue up to $11.5m in October
Licensed operators in Indiana generated $11.5m (£ in adjusted gross revenue from sports betting in October, while the handle for the state’s market increased rose to $91.7m.
Adjusted gross revenue was up 33.7% month-on-month from $8.6m in September, the first full month of legal wagering in the state.
The Penn National Gaming-run Ameristar Casino was the market leader by some margin, generating $5.0m in revenue from $46.2m in amounts wagered for October. Mobile was the main driver for Ameristar, with its DraftKings-powered sports betting platform turning revenue of $3.5m from $39.4m in wagers.
Caesars Entertainment’s Horseshoe Hammond, which led the market in the first month of operations, ranked a distant second with $1.7m in revenue and handle of $10.7m, all from retail activities.
Image: Kevin Stephenson