Sports betting revenue down in Indiana

The state regulator said that revenues fell 19.4% to US$9.3 million during November operations.
The state regulator said that revenues fell 19.4% to US$9.3 million during November operations.

Revenue from sports betting operations in November declined month-on-month in Indiana to US$9.3 million.

US.- The Indiana Gaming Commission has reported the sports betting revenue results from November. During last month’s operations, the state registered a decline in revenues, which totalled US$9.3 million.

The state regulator said that revenues fell 19.4% to US$9.3 million during November operations. These results come despite total handle increasing 60.6% month-on-month to US$147.3 million.

The digital sector in Indiana performed significantly better than the land-based, as bets placed through mobile and desktop accounted for approximately 65% of the amount wagered in November to US$96.2 million.

DraftKings was the leading operator in November, as the sportsbook that operates under Ameristar Casino’s licence registered US$64.1 million in bets online and US$8 million in the casino.

October results

The retail and online sportsbooks in Indiana posted a combined US$91.7 million in revenue in October. This figure represents a 161% increase from the US$35.2 million generated during the previous month.

Adjusted gross revenue for sportsbooks in the state totalled US$11.5 million, which is a 34% increase from US$8.6 million the previous month. Approximately 45% of that number comes from betting on the National Football League (NFL), the local commission said.

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