Indiana Posts Sports Betting Handle for October 2023
LISTEN TO THIS ARTICLE:Indiana licensed sportsbooks received over $429.6 million in total bets in October, marking a 3.7% decrease year-on-year and up 6.3% compared to September's handle of $404.1m.
The October figure also represents the second-highest handle recorded in the state in 2023, following March's $433m handle.
Of the total figure, mobile betting contributed 95.91% at over $412m. Operators recorded a combined GGR of $45.2m, the highest recorded AGR total for 2023. The state received $4.3m in tax revenue in October.
Football was the top favorite sport among Indiana bettors in October, drawing in $153.3m in wagers throughout the month.
Related: Indiana Bill Increases Funding for Illegal Animal Gambling Prosecution
Indiana's Sports Betting Landscape
Looking at specific operators, Ameristar Casino dominated Indiana's sports betting market in October with a total handle of $172.7m. Its online collaboration with DraftKings accounted for over $170.8m, while retail sports bets contributed $1.9m.
Blue Chip Casino closely trailed Ameristar with over $147m in accepted wagers. Out of this total, $146.4m was from the casino's online partnership with FanDuel, and $625k was from the casino's retail sportsbook.
Horseshoe Hammond maintained its leading position in retail sports betting with more than $2.5min wagers in October, surpassing its closest competitor, Ameristar Casino, by a significant margin.
The state has now accepted over $3.3 billion in wagers since the year began and $13.8 billion since it launched its sports betting market in 2019. The state has also collected up to $30.8m in taxes year-to-year.
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