Indiana Archives - Legal Sports Report

Indiana Sports Betting Suffers March Madness Hangover

Indiana sports betting took a big dip in April with a March Madness hangover. Bettors in the state wagered $236.4 million in April, according to an Indiana Gaming Commission report issued Wednesday. IN sports betting was down 25% from March, when the state held the entirety of the NCAA Men’s Basketball Tournament. Operators generated $20.1 […] Read More

Posted on: May 12, 2021 | | Pat Evans

Can TwinSpires Outperform Predecessor BetAmerica Following Relaunch In PA and IN?

TwinSpires went live in Pennsylvania and Indiana on Tuesday, the second and third markets for the rebranded sportsbook. Read More

Posted on: April 28, 2021 | | Brad Allen

Indiana Sportsbooks Enjoy March Madness Revenue Bump

Indiana sportsbooks saw basketball handle climb 26% to $160.7 million as the NCAA Tournament took place in the state. Read More

Posted on: April 12, 2021 | | Brad Allen

Barstool Sportsbook Lines Up Indiana, NJ For Next Sports Betting Launches

Penn National will launch its Barstool Sportsbook app in Indiana and New Jersey by the end of May, according to Penn CEO Jay Snowden. Snowden shared the plans on CNBC‘s Squawk Box Tuesday. Barstool Sportsbook will first go live in Indiana by the end of April. That will be followed by NJ sports betting in […] Read More

Posted on: March 25, 2021 | | Matthew Waters

Indiana Sports Betting Dips After Five Months of Record Handle

Indiana sports betting took a small dip in February. Followingfive consecutive record monthly handles, Indiana bettors wagered $273.9 million, according to a state report released Friday. That’s down from the $348.2 million bet in January. The wagers generated $17 million in adjusted gross operator revenue, down from January’s $29.3 million record. That represents about a […] Read More

Posted on: March 12, 2021 | | Pat Evans

Why Bally Bets Rollout Will Not Happen Until Summer

It will be a bit longer before the full sports betting plans of Bally’s and its Bally Bets sportsbook come to light. Bally’s was supposed to close on the $125 million acquisition of sports betting platform Bet.Works in the first quarter. That delay comes at the regulatory level but not because of concerns over the […] Read More

Posted on: March 4, 2021 | | Matthew Waters

Fubo Aims To Take Bets In Three States This Year, Expert Not Convinced

FuboTV announced Wednesday it secured market access for New Jersey and Indiana via Caesars and aims to be live in three states by the end of the year. Read More

Posted on: March 4, 2021 | | Brad Allen

Indiana Sportsbooks Draw Record Monthly Handle, Revenue To Start 2021

Indiana sportsbooks continue to climb steadily, setting new handle and revenue figures in January. Hoosier bettors wagered $348.2 million in January, according to the state’s revenue report. January’s figure tops December’s previous record of $313.1 million. It was the fifth straight month Indiana sports betting broke its handle record. Last January, Indiana bettors wagered $171 million. Indiana […] Read More

Posted on: February 12, 2021 | | Pat Evans

GeoComply Data Show Legal Online Sports Betting Transactions Triple For Super Bowl

Online sports betting data from GeoComply shows more than triple the action on Super Bowl weekend compared to last year. Online transactions topped 32 million over Saturday and Sunday, up 236% from 9.5 million in 2020. That figure includes all legal online sports betting markets, of which there were an additional seven this year: Colorado […] Read More

Posted on: February 8, 2021 | | Matthew Waters

888 Doubles US Sports Betting Reach With Access Deals For Three New States

The London-listed operator announced plans to launch its 888Sport brand in Colorado, Indiana and Iowa in 2021, with options for poker and casino. Read More

Posted on: December 2, 2020 | | Brad Allen