The Indiana Gaming Commission has released its latest monthly revenue report revealing that the state’s licensed sports betting operators reported accepting over $463 million in wagers throughout the month of December.
Sports betting activity dropped marginally for the month following November’s record handle of $463.7 million. However, the latest figures mark the third month in a row that the state recorded more than $460 million in wagers.
Ameristar Casino leads the pack as its sportsbook accepted more than $155.3 million in wagers during the month, a drop of just under $20 million from November’s figures. As a result, the marker leader snagged a 33.55% share of the market, down from 37.8% in the previous month. Of that figure, 33.5% came through the casino’s mobile betting partnerships with DraftKings and theScore. Retail bets at the casino amounted to $5.7 million.
Blue Chip Casino saw it’s overall handle grow by over $10 million to $121 million for the month as the operator retained second place in the market. This was, once again, more than double the amount that its nearest competitor, as Harrah’s Hoosier Park reported accepting $53.6 million in wagers during December.
Hollywood Lawrenceburg continues to lead the retail sports betting market with a handle of $13.8 million reported by its sportsbook. This was a jump of just over a $1 million from the previous month.
Blue Chip Casino once again posted the highest adjusted gross revenue (AGR) for the month with $7.6 million, considerably less than the $15.7 million posted in November.
Combined AGR for the month came to $25.8 million, a drop of 45.8% on November’s AGR. Sports betting taxes for the month amounted to $2.4 million, a drop of 46.6% on the previous month.
Basketball took over as the most popular sports at Indiana sportsbooks as local gamblers placed over $148.5 million in wagers on the sport. Football came a close second with an overall handle of $141.8 million for the month.
Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.