The latest monthly revenue report from the Indiana Gaming Commission shows that the state’s licensed sports betting operators posted a handle of $194.5 million for the month of July, down 21% from June’s handle of $246.3 million.
July’s handle is the lowest of 2021 and well short of the state’s record month of March when operators took in $348.2 million in wagers.
Ameristar Casino was the market leader once again with a handle of $66.6 million. Only $3.04 million of this was through the casino’s retail sportsbook with $60.2 million coming through the casino’s mobile partnership with DraftKings and the remaining $3.4 million through the casino’s theScore mobile betting app. Bluechip casino was a close second with a handle of $54.8 million of which $54.3 million came via the casino’s FanDuel mobile app.
However, Bluechip casino was the leader in terms of taxable adjusted gross revenue (AGR) with a figure of $5.3 million slightly more than Ameristar’s AGR of $5.1 million
Combined AGR from all licensed sportsbook operators came in at $17.4 million down 31% on June’s taxable AGR of $25.4 million. July’s AGR generated state taxes of $1.6 million.
Baseball became the most popular sport with Indiana gamblers as locals placed $63.5 million in wagers on the sport. Basketball had previously dominated the Indiana betting markets but July saw a considerable dip in betting activity on the sport with just $26.7 million in bets placed on the NBA.
Image credit: Baishampayan Ghose / CC BY-SA 2.0
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.