Indiana casinos generate $361m in May sports betting handle

June 13, 2024
By
Leer en Español

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.

State-by-State

Product Spotlight

Konami

Things get unruly in the company of some fleecy characters in the new Konami Gaming’s new Unwooly Riches slot series.

The top 5 properties that changed Las Vegas

Regular Gaming America contributor Oliver Lovat joins Tim Poole on the Huddle to discuss his 5 properties that changed Las Vegas - giving every resorts an influence rating out of 10. The question is: do you agree?

Peter Schoenke - Sports betting is here... but fantasy sports keeps growing

Peter Schoenke joins Tim Poole on the Huddle to discuss all things fantasy sports. His brand, RotoWire, is at the intersection of the affiliate and fantasy worlds, generating revenue from subscriptions, providing APIs to operators and via affiliate marketing. We discuss:


Within the states of Florida and California, Tribal gaming finds itself in a fascinating position. In Florida, only the Seminole Tribe, and Hard Rock, can provide mobile sports betting, with continued legal challenges f...

view-points
Viewpoints: Discussing the use of player loyalty programs
Industry experts answer Gaming America's burning questions on all things related to Tribal operators and player loyalty programs, including Rymax, CasinoTrac, OIGA, Mohegan and Choctaw Nation of Oklahoma.
52-54-fabio-ferreira
Sports betting regulation in Brazil: What can we expect?
Mattos Filho's Fabio Kujawski speaks to Gaming America about the uncertainty surrounding Brazil's roadmap to regulation and the need for a singular gaming authority.
companies-going-private
Going private: Gaming's new standard?
A state of neo-IPO: Gaming America investigates, as more and more companies come off the public market.
46-47-michael-hershman
Soloviev Group CEO: Moving to New York
The Soloviev Group, in collaboration with Mohegan, continues to wait on the NYGC for approval on its Freedom Plaza project. Gaming America spoke with Soloviev Group CEO Michael Hershman to learn more.