Indiana sets new sports betting benchmarks in boffo September

Indiana sets new sports betting benchmarks in boffo September

Article brief provided by Hoosier State Bets
  • Chris Altruda, Hoosier State Bets
October 12, 2021 10:23 PM
  • Chris Altruda, Hoosier State Bets

The Indiana Gaming Commission reported all-time monthly records for both sports betting handle and revenue Tuesday as the Hoosier State looks to maintain its top-five national status in a rapidly escalating count in both categories for September.

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The state’s gaming agency reported a handle of more than $355.4 million for September, eclipsing the previous mark of $348.2 million set in January. The figure was also 64.8% higher than August’s handle of $215.6 million and 71.3% better than the $207.5 million wagered in September 2020.

A healthy 9.53% overall win rate by sportsbooks — partially fueled by retail sportsbooks routing the public and posting a 17.37% hold — contributed to a record $33.9 million in taxable adjusted gaming revenue.