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.
The market leader was once again the Ameristar Casino as its sportsbook accepted more than $174.8 million in wagers during the month accounting for 37.8% of all bets placed in the state. $168.8 million of this total came through the casino operator’s mobile sports betting partnerships with DraftKings and theScore. Meanwhile retail bets amounted to just $6.3 million during the month.
Indiana Sets Yet Another All-time Sports Betting Record During November Indiana Sets Yet Another All-time Sports Betting Record During November Indiana Sets Yet Another All-time Sports Betting Record During NovemberThe 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