Amerister Casino was the overall top performer recording $134.4million in wagers, with the NBA being the bettors top choice
According to Indiana’s state revenue report, sportsbooks in Indiana has seen its handle and revenue figures climb. In particular, Hoosier bettors registered $348.2 million in bets which beats the previous record of $313.1million recorded in December.
This is the fifth consecutive month that Indiana sports betting broke its handle record with a massive year-on-year increase as $171 million was recorded in January 2020.
Additionally, through this generated sportsbook revenue, $2.8 million was collected in terms of states tax.
Furthermore, the strength of sportsbooks in Indiana remains one of the states most profitable streams of income, with $296 million, or 85% of Indiana’s wagers, using online platforms.
The top performers for online betting were:
- DraftKings: $122.6million
- FanDuel: $89.2million
- BetMGM: $52.4million
- PointsBet: $13million
- BetRivers: $9million
- William Hill: $5.1million
- TheScore: $2.2million
While Caesars, BetAmerica and Unibet all registered under $2miillion each
Retail sportsbook still leave their mark
Sportsbooks are moving in the right direction despite online dominance and the current pandemic. With retail sportsbooks raking in $51.7 million in wagers compared to $47.4 million.
The retail leaders were:
- Hollywood Lawrenceburg – $13.4million
- Amerister Casino – $9.6million
- Horseshoe Hammond – $7.4million
In total, Amerister Casino was responsible for $134.4million of January’s betting handle since it also has DraftKings and theScore under their name. From the total handle, Amerister Casino recorded revenue of $10.7million and contributed $1million to state tax total.
Indiana’s top sport
The most popular sports to bet on by residents in Indiana is basketball, resulting in 38% of all bets. The NBA and NCAA seasons are in their peak and is home to the Indiana Pacers.
Moreover, the extended run of the Indianapolis Colts in the NFL postseason also helped the states betting handle in January.
- Basketball – $133 million
- Football – $77 million
- Other – $50 million
- Parlay – $50 million
States all around the US have been breaking records with neighbouring states such as Michigan also registering an online betting record of $35.7million. With all these states recording these significant sums, it’s only a matter of time before the rest of the states join in.
SiGMA Virtual Roadshow:
The SiGMA Roadshow is back. After a successful string of shows in Hong Kong, Estonia and Argentina, SiGMA Group is excited to announce its new venture – the SiGMA Virtual Roadshow. This journey entails several virtual shows across five major regions, focusing on the CIS Region, Europe, Asia, Americas and Africa. The Roadshow involves an interactive platform consisting of mini conferences all discussing hot topics which are, but not limited to, regulation, tax and niche market opportunities. Should you want to be part of the SiGMA Virtual Roadshow – REGISTER HERE.