Indiana sports betting sees increased revenue despite decreased handle in July

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Sports betting in Indiana saw a slight decline in July 2022, with consumers spending a total of $203.8m. This represents a 1.4% decrease compared to the $206.6m spent in July 2021.

In sports-betting, the revenue generated in July was $203.3m, which was 9.1% lower than the $224.1m revenue recorded in June.

Indiana bettors favored baseball, with a total of $69.4m in bets placed.

Sport Total Bets (in millions)
Baseball 69.4

A total of $12.6m was bet on basketball.

Here is a breakdown of the betting amounts for different sports:

Sport Amount Wagered
Basketball $12.6m

$56.2m was spent in parlay bets and $62.9m betting on other sports.

Total Bets:

Parlay bets $56.2m
Other sports $62.9m

Taxable adjusted gross revenue in sports-betting reached $23.3m, showing an 11.5% increase compared to last year.

In the world of sports betting, the revenue generated in July 2023 amounted to $23.3 million. This figure surpasses the $19.5 million generated in June 2023 by 19.5%.

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Karol Petersen is a distinguished writer with a fervent interest in the realms of gambling and online gaming. With a career spanning over a decade, Karol has developed a comprehensive understanding of the gambling industry, including casinos, sports betting, poker, and the burgeoning online gaming sector. Known for his meticulous research and engaging writing style, Karol provides readers with in-depth reviews, insightful strategies, and up-to-date industry trends. His work demystifies complex topics, making them accessible and enjoyable for both beginners and seasoned gamblers. Karol's articles are trusted resources, offering practical advice and expert analysis that empower readers to make informed decisions and enhance their gaming experience.
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