IN sportsbooks post another record month for January
Indiana sportsbooks set new records in handle and revenue for January 2020, even as online betting revenue dipped.
Sportsbooks in the Hoosier state took in $12.9m (£10.0m/€11.8m) in revenue, up 7.3% from December 2019, on a handle of $170.8m, up 5.6%. The new record high in handle means that players in Indiana have bet more on sports with every month since the market opened on 1 September.
The state made $1.2m from betting tax in January, which also represents a new monthly record.
A total of $123.4m was wagered online, up 11.6% month-on-month. However, online revenue fell 8.9% to $7.1m.