November 12, 2020
Indiana sports betting has been kicking ass with as another record month of revenue in October. Sports books in the state measured $230 million last month, according to data from the Gaming Commission.
Even in the face of the pandemic there were new highs in revenue and handle as colleges and professional teams played a more normal sports schedule.
The previous one-month high was $207 million in September. Analysts say the October handle is up more than 150% from October 2019’s level of $92 million. The month’s revenue yielded $2 million in taxes in October.
Online betting accounted for 84% of sports wagering with the reminder occurring at casinos. You can read more about what’s happening with Indiana sports betting at Inside Indiana Business.
