Indiana reported a total sports wagering handle of $480.3m for January, a 4.5% drop from the previous month’s total of $503.1m. Of the handle, $269.9m was spent on parlays, with American football and basketball receiving $57.5m and $113.1m in bets respectively.
DraftKings and FanDuel are competing in Indiana’s sports betting market.
- DraftKings sportsbook at Ameristar Casino was the leader in handle with $181.4m.
- FanDuel achieved a total AGR of $23.3m despite taking less bets than DraftKings.
- Penn Entertainment-operated Hollywood Lawrenceburg took $39.4m in handle.
- Belterra Casino, a FanDuel partner, placed fourth with $36.6m in handle.
- Caesars ranked fifth for handle with $32.1m at Harrah’s Hoosier Park, with a total taxable AGR of $2.4m.
Indiana could generate up to $2.1bn in igaming revenue over the first three years following legalization, according to a report commissioned by the Indiana Gaming Commission. The study also estimated a potential $929m in igaming tax revenue over the same period.
Bet365 expanded its presence in North America by launching online sports betting in Indiana in January. The French Lick Resort land-based casino partnered with Bet365 for this venture. French Lick Resort reported a total handle of $12.3m for January with a taxable AGR of $1.2m.
