Indiana Sports Betting in February Dips by 12.9% Year-on-Year

Basketball the most wagered on sport

by - Monday, March 13th, 2023 11:01

NBA sports betting

The Indiana Gaming Commission has released its latest monthly revenue report revealing that the state’s licensed sportsbooks accepted just over $356 million in wagers throughout the month of February.

The latest figures represent a drop of 16.6% from January’s sports betting handle of $427 million. February also saw sports betting activity drop by 12.9% from the $409 million reported in February 2022.

Ameristar Casino was the Indiana sports betting market leader reporting a handle of $121.7 million. Of that total figure, almost $120 million came through the casino’s online partnership with DraftKings. Meanwhile wagers at the casino’s retail sportsbooks came to $2.1million.

Blue Chip Casino was Ameristar’s closest competitor as the company reported accepting $113.1 million in wagers. Of that figure, $112.7 million came through the casino’s online partnership with FanDuel.

Hollywood Lawrenceburg continues as the outright market leader in retail sports betting as the casino accepted over $6.5 million in wagers during February. This was $4.3 million more than its nearest retail competitor Horseshow Hammond.

Combined Aggregated Gross Revenue (AGR) for the month came to $27.6 million. This resulted in state taxes of just $2.7 million.

Basketball was the most popular sport at Indiana sportsbooks with $165.9 million wagered on the sport throughout the month.

Jenny Tang

An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.

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