The Indiana Gaming Commission has released its sports betting and casino revenue results for the month of May. The Hoosier State cleared total sports betting handle of more than $283.4m during May. Sports betting adjusted gross revenue for the month reached $33.8m.
Bettors statewide wagered more on parlay than on any other sports betting category last month, with bets reaching more than $79.4m. Hoosiers bet nearly $72m on basketball, close to $65m on baseball, $1.9m on football and another $68.9m on other events.
So far this year, Indiana’s sports betting handle has nearly reached the $4bn mark, according to the regulator's latest statistics.
In a breakdown of sports betting results by casino, Blue Chip Casino and Ameristar Casino were neck and neck, with handles in May reaching $96.5m and $95.6m respectively. Other major May contributors included Belterra Casino with $26.4m handle and Harrah’s Hoosier Park in Anderson with handle of $25.6m.
In addition to sports betting earnings, Indiana’s 12 casinos walked away in May with a significant amount of revenue. Indiana’s casinos earned a combined total of $196.4m in revenue during May. Hard Rock Casino Northern Indiana took first place in earnings, with more than $33.7m in revenue during the month.
Horseshoe Indianapolis and Horseshoe Hammond grabbed the number two and three spots and raked in $27.9m and $24.5m respectively.
Slot machines brought in close to $162.2m in revenue last month, along with another $34.3m coming from table games.
During the month of May, Indiana’s casinos paid a total of nearly $4m in supplemental taxes to the state, along with a sports wagering tax amount of nearly $3.2m. Wagering taxes during May came to $58.1m.
