DraftKings grabbed 40% of Indiana sports betting handle in June, its most significant share of overall betting dollars since February 2021.
Indiana sports bettors spent $88.9 million with DraftKings Sportsbook last month, 99% of which came online. DraftKings was the only major IN sports betting app to post year-over-year handle gains in June, increasing online dollars by 24% from June 2022 ($70.8 million.)
According to figures released Wednesday by the Indiana Gaming Commission, FanDuel Sportsbook handled $69.7 million, or 31% of the market, between its retail and online operation in June. FanDuel’s annual handle dropped 12% from the same month last year ($79.4 million.)
Sports betting handle share grows for DraftKings
DraftKings increased its handle share elsewhere last month, too.
DraftKings also increased its share of Maryland sports betting handle to 37% last month, up from 31% in March. It still finished second behind FanDuel in overall share of mobile sports betting handle.
Revenue share a different story
DraftKings and FanDuel were running close together in market share of handle for the last several months before DraftKings took a more considerable leap in June. However, the share of IN sports betting revenue shows FanDuel with an edge.
With its $8.3 million in online revenue, FanDuel claimed 47% of the market. DraftKings took 32%, making $5.7 million in online revenue. FanDuel’s hold, or win rate, was nearly twice as high as DraftKings’ in June, at 12% and 6.6%, respectively.
BetMGM made $1.9 million for 11% of all mobile Indiana sports betting revenue. Barstool Sportsbook lost 2.4% online last month, paying out $103,300 more than it took in.
June IN sports betting numbers
Total sports betting handle in Indiana reached $224 million in June, a 13% decline over the same month last year ($256.3 million.)
Revenue surpassed $19 million for the month, a 22% bump over June 2022 ($15.6 million.)
The state also collected $1.8 million in sports betting taxes.