Indiana Archives - Legal Sports Report

Indiana Sports Betting Continues Growth With Basketball Love

Indiana sports betting proved yet again in April the love Hoosiers have for basketball. Indiana sportsbooks took $360 million in bets during April, according to an Indiana Gaming Commission report this month. While it was a 24.4% drop from March’s $476.8 million handle, it was a 52% jump compared to the $236.4 million wagered in […] Read More

Posted on: May 24, 2022 | | Pat Evans

Indiana Sportsbooks Bounce Back Thanks To Basketball

Indiana sportsbooks felt the expected handle pop from March Madness, with revenue also bouncing back from a drab February. Handle hit $476.8 million in March, up 16.5% from February and just 4.7% off January’s record $500.1 million. Sports betting revenue of $32.3 million was nearly double the $17 million reported for February. That led to […] Read More

Posted on: April 14, 2022 | | Matthew Waters

Indiana Sportsbooks See Handle, Revenue Drop In February

Indiana sportsbooks saw handle drop off sharply in February from a record high in January because of a slower sports calendar. Handle fell 18.2% from January to $409.1 million in February. That was 49.4% higher than last February, however. Sports betting revenue also tumbled 52.3% from the prior month to $17 million on just a […] Read More

Posted on: March 14, 2022 | | Matthew Waters

Indiana Sportsbooks Hit Record Handle To Start 2022

DraftKings continued to lead all IN sportsbooks in January with a 35% share of the online market and $9.5 million in revenue. Read More

Posted on: February 16, 2022 | | Brad Allen

Indiana Sports Betting Finishes 2021 With Near-Record Month

Indiana sports betting capped off a year of significant growth with a big December. Hoosiers wagered $463.0 million during December, according to an Indiana Gaming Commission report released last week. That is just shy of the record $463.7 million wagered in November 2021. The December bets bring the total Indiana sports betting handle in 2021 to […] Read More

Posted on: January 19, 2022 | | Pat Evans

Indiana Sports Betting Continues To Climb In November

Indiana sports betting continues to see record handle as football season wears on. While November did not benefit from five Sundays like October, Indiana sportsbooks still took a record-breaking $463.7 million in bets, according to a state report released last week. October’s $461.1 million was the previous monthly record. NFL bettingcontinued to lead the way […] Read More

Posted on: December 14, 2021 | | Pat Evans

Indiana Sportsbooks Surge To New Handle Record In October

If October results from Indiana sportsbooks show a US trend, expect to see a few more records fall. Indiana reported $461.1 million in bets for October, topping the record just set in September by nearly 30%. The new record nearly doubled last October’s $230.9 million. Sports betting revenue was $27.7 million for a 6% hold and […] Read More

Posted on: November 16, 2021 | | Matthew Waters

Indiana Sports Betting Market Hits New Highs In September

The midwest’s love of football is apparent in September‘s Indiana sports betting results, which set new handle and revenue records. Indiana sportsbooks took $355.4 million in bets last month, 71.3% from last September. Sports betting revenue hit $33.9 million for a 9.5% hold, according to the report. Both figures broke records set this January. September […] Read More

Posted on: October 13, 2021 | | Matthew Waters

Penn National Pays Fine To Settle Barstool Sportsbook Violations In Indiana

Penn National paid a $10,000 settlement in Indiana over a “questionable” TikTok video about gambling losses posted by Barstool Sports. Per an Indiana Gaming Commission (IGC) notice last week, Penn self-reported the video in question back in March. The Commission said the video in question breached its marketing regulations, specifically around “false and misleading advertising.” According to […] Read More

Posted on: October 4, 2021 | | Brad Allen

DraftKings Extends Indiana Sports Betting Lead With Big August

DraftKings pushed forward its market lead in Indiana sports betting as the state rebounded in August from a summer floor. Indiana sportsbooks reported $215.6 million in August bets, according to an Indiana Gaming Commission report Friday. August’s figure is up 10.8% from July’s $194.5 million. July was the first month since August 2020 handle dropped […] Read More

Posted on: September 13, 2021 | | Pat Evans