Indiana casinos generate $361m in May sports betting handle
However, activity dipped when compared to April numbers.
The Indiana Gaming Commission has released its May casino sports wagering report. The Hoosier State’s sports betting handle grew by close to 27.6% when compared to results from this time last year.
However, last month’s handle fell by nearly $30m month-over-month.
The state’s operators posted almost $39m in adjusted gross revenue during the month of May. Indiana’s 13 casinos contributed more than $3.7m in taxes last month.
So far this year, Indiana’s casinos have paid more than $589m in taxes.
DraftKings continues to hold the number one spot for the highest online sports wagering activity. Hoosiers placed more than $132.7m in bets through DraftKings Indiana during the month of May.
Online wagers accounted for $133.9m of Ameristar’s total handle, the leading casino for the month.
Other heavy hitters during the month included Blue Chip Casino, who partners with FanDuel and Belterra Casino. Blue Chip Casino brought in a nearly $112.3m sports betting handle in May, while the total hand at Belterra reached $31.7m.
Indiana’s newcomer, Terre Haute Casino Resort, took in a sports betting handle of more than $316,000, nearly doubling what it brought in during the month of April. The casino made its debut on April 5.
Terre Haute offers its guests 1,000 slot machines, 35 live table games, a sportsbook and a poker room within its 400,000 square feet of gaming space. The destination is scheduled to open its hotel May 15.
Sport wagering in Indiana has been legal since September 2019. Governor Eric Holcomb signed the statewide regulated sports betting bill into law a little more than a year after the US Supreme Court overturned PASPA.
To date, more than 35 states have embraced regulated sports betting since the US Supreme Court ruling in May 2018.
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