Indiana Sports Betting Activity Down by 8% Year-on-Year

State collects second highest tax haul in 2023

by - Tuesday, June 13th, 2023 7:11

basketball sports betting

The Indiana Gaming Commission has released its latest monthly revenue report revealing that the state’s licensed sportsbooks accepted just over $283.4 million in wagers throughout the month of May.

The latest figures represent a drop of 12% from the previous month’s reported handle of $321.4 million and the third month in a row that wagering activity has dropped significantly on a monthly basis. May’s figure was also an 8% drop compared to the $308 million reported in May 2022.

Indiana Sports Betting Activity Down by 8% Year-on-Year market leader reporting a handle of $96.5 million. Of that total figure, almost $96.2 million came through the casino’s online partnership with FanDuel.

Indiana Sports Betting Activity Down by 8% Year-on-Year Indiana Sports Betting Activity Down by 8% Year-on-Year Indiana Sports Betting Activity Down by 8% Year-on-Year

Basketball remained the most popular sport at Indiana sportsbooks with $71.9 million wagered on the sport throughout the month.

Ciaran McEneaney

Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.