Indiana sports wagering handle hit $35m in debut month

11 October 2019

Licensed operators in Indiana processed a collective $35.2m (£28.3m/€32.0m) in sports wagers during the first full month of regulated sports wagering in the state.

The regulated market opened on September 1, and adjusted gross revenue for the debut month amounted to $8.6m, with the state collecting $813,103 in sports wagering taxes.

American football was, by some margin, the most popular sport to bet on, with players wagering a total of $20.7m in September. Parlay bets followed with a handle of $9.8m, while baseball attracted $3.4m in wagers last month.

The Caesars Entertainment-operated Horseshoe Hammond was the venue of choice for players in September, with its sportsbook processing $9.0m in bets and posting state-high adjusted gross revenue of $2.1m.

Read the full story on iGB North America.

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