Indiana Sportsbooks Are Nearing $1 Billion In Handle Since Launch

The pandemic poured cold water on the sports industry, as Indiana sportsbooks are now just approaching $1 billion in handle since last fall.
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Indiana sportsbooks handled $29,783,580 worth of wagers in June, according to figures from the Indiana Gaming Commission.

The online/mobile sportsbooks reported a combined $2,922,107 in taxable revenue off that handle, paying $277,601 back to the state.

June’s handle was down from May’s $37,334,940.

From September through June, the Indiana sports betting industry, which also includes retail sportsbooks, took $944,671,840 in wagers, according to the state figures released Monday.

The handle puts Indiana in fourth place among the 17 states with legal sports wagering taking place within their respective borders. Indiana is a distant fourth behind the big three of Nevada, New Jersey, and Pennsylvania.

Handle by sport

Non-parlay baseball bets accounted for $2,046,825 of the June handle. Indiana sportsbooks have taken bets on live baseball games in South Korea, in addition to futures wagers on the upcoming MLB season.

The “other” category, which includes NASCAR, MMA, soccer, table tennis, and so on, accounted for the lion’s share with $20,408,642.

Parlays accounted for $6,003,914. Books can take parlay bets on all sports.

Despite no football or basketball taking place yet, those sports saw $630,519 and $618,166 worth of wagers, respectively. The books are taking futures bets.

Handle by sportsbook

DraftKings dominated in June with $18,239,086 of the handle, followed by FanDuel a distant second with $7,867,516.

The others were:

Indiana’s retail casinos reopened in mid-June and resumed taking some wagers at their respective books.

Hollywood Casino Lawrenceburg led the way with $323,968 in retail handle last month.

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