Indiana breaks state sports betting record again
Sports betting in Indiana continues to set a new record every month.
US.- Indiana saw record figures for sports betting in January, according to figures released by state regulators.
The Indiana Gaming Commission reported that bettors wagered a total of $348.2m last month, an 11.2 per cent increase from the $313.1m handle reported in December.
Revenues rose by 20.6 per cent, from $24.3m in December to $29.3m in January. That’s also a jump of 127.1 per cent from $12.9m reported January 2019.
The increased revenues meant a higher tax receipt for the state. At a tax rate of 9.5 per cent rate, Indiana received nearly $2.8m from sportsbooks in January.
Sports betting was legalised in Indiana in September 2019. It has reported increases in its handle every month since September 2020.
On top of sports betting, Indiana is looking to follow in the footsteps of Pennsylvania and take advantage of extra revenues from legal igaming and poker.
Senator Jon Ford introduced an igaming and poker bill to the state senate in January.
