Indiana Sports Betting Revenue Down 21% for July as Operators Report Worst Month of 2021

by Ciaran McEneaney - Friday, August 13th, 2021 9:48

Sportsbook odds

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 McEneaney

Ciaran has a decade of experience writing for some of the biggest names in the eSports, poker, and casino industries.