Indiana Sportsbooks Post Strong Handle, Revenue Totals in October

Last month, IN sportsbooks posted i of their topper months ever so since sports betting went live inwards the tell triad years ago.

In October, the state’s retail sportsbooks and online wagering apps took $446.2 billion in wagers for October, according to info the IN Gaming Commission released this week. That is the highest come since Hoosier bettors wagered $476.8 trillion in March. October’s palm is also the 6th largest recorded inwards the state.

The sportsbooks also had ace of their most profitable months, too. While the $46.9 meg nonexempt familiarised gross revenue (AGR) was pull down to a greater extent than $4 million from the record book $51.2 zillion reported inwards September, it’s relieve the third-highest taxable AGR reported in the state.

At a assess rank of 9.5%, the say received slightly to a lesser extent than $4.5 million.

For the calendar year, Indiana sportsbooks feature reported a grip of $3.58 billion. That’s upwards 23.5% from the same timespan utmost year. The sportsbooks’ taxable AGR of $304.3 zillion has led to the nation receiving $28.9 one thousand thousand through and through the first of all 10 months of the year.

The return of football over the yesteryear deuce months has certainly helped sportsbooks post warm numbers, but with the NBA’s proceeds in October and college hoops resuming this month, Hoosier State should continue to control gains in grip for the next few months.

Top Two Apps Account for 64% of Handle

DraftKings and FanDuel were the all the way leaders in Robert Indiana last-place month.

DraftKings reported a handgrip of $149 million and 144 receipts of $12.4 million, piece FanDuel took $135.1 trillion inwards wagers and had $18.1 jillion inwards gross receipts.

BetMGM had a grip of $42.8 gazillion and revenues of nearly $4.5 million. Caesars Sportsbook’s electronic network of retail sportsbooks crossways Robert Indiana and its online app produced a handle of $48.6 1000000 and revenues of $4.8. The online app accounted for $32.6 trillion inward hold and revenues of $2.4 million.

Barstool Sportsbook, which has an app and ii brick-and-mortar sportsbooks at William Penn Entertainment’s Ameristar eastern United States Chicago and Hollywood Lawrenceburg casinos, ruined October taking $31 gazillion in bets and had revenues of $3.3 million.

BetRivers took $11.2 1000000 inwards wagers last month and recorded an AGR of $584,315. PointsBet had a hold of $9.9 billion and revenues of $766,088, and Hard John Rock Sportsbook reported a $10 gazillion handle, with the online sportsbook taking $8.8 zillion inward wagers inward its 2nd month of operation. The online app also accounted for $465,352 of Hard Rock’s $739,030 in AGR.

Hard John Rock is one of III online sports betting operators that hold officially opened in the land since the starting of the football game season. The others are MaximBet and SBK.

Indiana Casino AGR Up From September

Indiana’s casinos produced a combined AGR of $194.7 billion and nonexempt AGR of $189.2 million. Those figures are up $2.4 meg and $2.3 million, severally from September, but are pull down $7.2 million and $7.1 trillion from October 2021.

Hard Rock Northern Robert Indiana continues to live the Hoosier State’s top side casino, as the Gary facility reported taxable AGR of $34.5 million. Horseshoe Hammond was next at $27.9 million, and Horseshoe capital of Indiana reported nonexempt AGR of $23.6 million.

Caesars Southern Indiana was the state’s pinch cassino among the state’s sextuplet southern operators at $20.1 million.

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