The latest monthly revenue report from the Indiana Gaming Commission has revealed that the state’s gamblers helped sports betting operators set another monthly record by placing $463.7 million in wagers during November.
The latest sports betting handle only represents a slight 0.58% increase on October’s figure but is, nevertheless, the highest amount wagered in a single month since the industry’s launch in September 2019.
Indiana Sets Yet Another All-time Sports Betting Record During November Indiana Sets Yet Another All-time Sports Betting Record During NovemberRetail sports betting saw Hollywood Lawrenceburg retains its place as the market leader as its sportsbook accepted over $12.7 million, a drop of $3.1 million on the previous month’s figures.
Blue Chip Casino continues to lead the market in terms of adjusted gross revenue (AGR) with the operator posting $15.7 million, a jump of 65.2% on October’s AGR.
The report shows that the state’s licensed sports betting operators posted combined AGR of $47.6 million, a significant increase of 71.8% on October’s AGR of $27.7 million. As a result, state taxes from sports betting for the month of November amounted to $4.5 million, up over 40% on the previous month.
Football continues as the most popular sport attracting $136.3 million in wagers while basketball came a close second with over $132 million in bets throughout November.
Image credit: Baishampayan Ghose / CC BY-SA 2.0
