September 12, 2021 Sports Betting, Casino

Indiana sportsbooks report August handle of $216m

By

Indiana sports betting handle for the month of August was $216m, a 10.9% improvement from July as sportsbooks benefited from the return of preseason NFL games and college football. August handle was up 27.6% year-on-year as well.

Despite collecting more wagers, sportsbooks saw a month-to-month drop in revenue, with August earnings coming out to $16.5m. That is down 5.2% compared to July. The operator statewide win rate for August was 7.7% versus 8.2% the month prior.

Sports bettors in Indiana had three opportunities to wager on the Indianapolis Colts in preseason games last month, which certainly boosted handle. College football also held its first weekend of games on August 28 and though hometown favorite Notre Dame wasn’t scheduled to start its season until the following weekend, the return of college football undoubtedly increased bettors’ appetite.

The Indiana Gaming Commission does not break down wagers by sport but does include parlay figures. In August parlays accounted $82.3m, or 38.2%, of all handle.

Among online operators, DraftKings led the market in handle with $74.2m, well ahead of runner-up FanDuel with $52.6m. However, it was FanDuel who came ahead in revenue, earning $4.9m compared to DraftKings’ $4.4m.

BetMGM was third with handle of $26.2m and revenue of $2.5m, while Caesars Sportsbook placed fourth with $16.9m in bets and $977,000 in revenue.

Hollywood Lawrenceburg led all retail sportsbooks with handle of $5.8m, followed by Ameristar East Chicago with $3.4m and Harrah’s Hoosier Park with $3.1m.

Product Spotlight
TransAct's Epicentral Software Bonusing System
TransAct's Epicentral Software Bonusing System delivers customized promotions to slot players as they play – encouraging extended stays and increasing customer loyalty.
View More
Virtual Showroom
SUPPLIER

Eclipse Gaming



SUPPLIER

Interblock



SUPPLIER

Pace-O-Matic


SUPPLIER

BetConstruct




SUPPLIER

Dickinson Wright


SUPPLIER

Ainsworth


SUPPLIER

CASINOMONEY


SUPPLIER

Suzohapp


SUPPLIER

CasinoTrac


SUPPLIER

TransAct