Indiana sports betting handle reaches $238.1m for August; revenue at $23.5m

September 12, 2023
By

Though sports betting handle experienced a slight rise year-over-year, casino win was down 5.7%.

The Indiana Gaming Commission (IGC) has released its revenue report for the month of August, posting overall casino win of $194.1mn. This represents a 5.7% decrease from August 2022.

Earlier this month, the IGC also released its FY2023 report, which showed a 2.5% drop in adjusted gross revenue year-on-year during the period ended June 30, 2023. The Hoosier State generated $2.36bn during this financial period.

The Indiana casino that brought in the most revenue during August was Hard Rock Casino Northern Indiana, with $31.6m. This also represents a slight decrease year-on-year of 3.4%, though the property remained the top-earning casino in both August 2022 and 2023.

Table games made up $31.9m of the overall casino win while slots accounted for $162.2m. These numbers have also decreased year-on-year by 14.6% and 3.7%, respectively.

In terms of sports betting, overall handle for the state reached $238.1m, a small but relative increase from August 2022 handle, which reached just shy of $238m.

However, taxable adjusted gross revenue from sports betting in Indiana was $23.5m for August, a slight decrease from $25.4m the previous year. 

Handle-wise, Ameristar Casino was responsible for $95.7m of August 2023’s total handle, and for $73.3m in 2022, leading the table both years.

Ameristar Casino uses DraftKings as its sports betting partner, while Blue Chip Casino, which had the second-highest handle of $71.1m this month, partners with FanDuel. The third-place handle, $20.7m was generated by Harrah’s Hoosier Park and its partner Caesars Sportsbook.

In August 2023, parlay bets represented $70.7m of Indiana’s total handle and baseball bets reached $66.8m. The year prior, these numbers were nearly swapped with baseball handle at $77.6m and parlay betting handle at $64.7m in 2022.

State-by-State

Company Spotlight

Bragg Gaming

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.
Virtual Showroom

Land-Based

Supplier

Supplier

Supplier

Supplier

Supplier

Supplier

Supplier

Industry Awards

Supplier

GA Newsletter

Exclusive news, analysis, insights, and interviews delivered straight to your inbox

Kiko Augusto - From fantasy sports to sports betting in Brazil

Rei do Pitaco CEO Kiko Augusto joins the (on-this-occasion-injured) Gaming America Editor, Tim Poole, for a Huddle to talk all things Brazil!

Rickard Vikström: How 2025 is shaping up for US iGaming

Internet Vikings CEO & Founder Rickard Vikström joins Gaming America to discuss the US online landscape in 2025.


Another year approaches its end, as 2024 slowly becomes our past, 2025 the present and a wave of opportunity defines gaming's future. There is an air of change as the regulated gaming world looks to welcome a new entra...

8-10-From-the-top
From the top: Reflecting on the past and looking to the future of land-based casinos
Gaming America reviews the closures of the Mirage Hotel and Casino, as well as the Tropicana, but also keeps an eye on the future with Durango Casino and Resort GM David Horn.
36-41-Oliver-Lovat
Cover Feature: Exploring what might be next for land-based casinos
Nothing is new. Everything is new. Oliver Lovat, regular Gaming America columnist and resident Las Vegas expert, discusses what the next generation of casinos need to succeed, while also reflecting on Vegas' generational shift away from the Tropicana and Mirage.
42-43-Lefosse---Brazilian-Sports-Betting
Steadying the ship in LatAm's largest market
After regulatory limbo, sports betting in Brazil is moving towards legal certainty – by Eduardo Carvalhaes, partner in Public Law and Regulation at Lefosse, and Karen Coutinho, counsel in Public Law and Regulation at Lefosse.
44-45-Lazarus-Legal
Brazilian opportunity: The future of LatAm
Edwin Monzon, Managing Partner of Lazarus Legal, speaks to Gaming America about Brazil's upcoming iGaming and online sports betting regulation, assessing both the prospects and challenges involved.

Sweepstakes were the talk of G2E 2024 and are generating plenty of headlines as we enter 2025. It is a fascinating vertical – and indeed whether it should even be seen as a legal vertical at all is in question. The Am...

8-10-From-the-Top
Countdown to launch: Just in time
In this edition of From The Top, Caesars New Orleans SVP and GM Samir Mowad speaks with Kirk Geller to detail what the future holds after the property finally completed its $435m transformation.
14-15-GGA-Americas
The industry's best getting their deserved recognition
The 11th annual Global Gaming Awards Americas once again honored and rewarded the gaming industry's strongest performers throughout the prior 12 months during G2E in Las Vegas.
16-18-G2E-Review
G2E 2024: Discussing the future of US iGaming
A deep dive into the lively debate: Gaming America's Laura Mack examines the objections to US iGaming expansion and the mythbusters offered as a rebuttal at G2E. Surely, it is inevitable in the long run?
20-21-year-review
G2E 2024: A year in review
Gaming America sits down with Pro League Network's (PLN) Mike Salvaris at The Venetian during G2E, to sum up the year and give us the inside scoop of what sports betting has in store for 2025.