The latest monthly revenue report from the Indiana Gaming Commission has revealed that the state’s licensed sportsbooks accepted just over $308.4 million during the month of May.
Combined revenue up by $2 million month-on-month despite lowest wagering handle since August 2021
This represents a drop of 14.3% from April’s sports betting handle of $360 million and is 35.3% lower than the amount wagered in March. This is the second month in a row that the state has reported the lowest handle since August 2021.
Indiana Sports Betting Revenue up for May Despite Drop in Activity Indiana Sports Betting Revenue up for May Despite Drop in ActivityHollywood Lawrenceburg was once again the retail market leader accepting over $7.7 million in wagers during May.
Indiana Sports Betting Revenue up for May Despite Drop in ActivityBasketball was once again the most popular sport at Indiana sportsbooks with over $84.4 million wagered on the sport throughout the month.
Indiana Sports Betting Revenue up for May Despite Drop in Activity – including DraftKings, Caesars and BetMGM – enabling anyone with an account the convenience of being able to wager from anywhere within state lines, without visiting a land-based sportsbook or casino.
Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.