Indiana August Sports Betting Handle Reaches $169 Million

Indiana August Sports Betting Handle Reaches $169 Million
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Indiana more than doubled its total sports handle in August, seeing a 138% increase month over month.

Indiana sportsbooks had $169,018,238 in total sports handle in August compared to $70,876,622 in July, according to figures released by the state Friday. Sports betting revenue in August was $9,834,881, up 47.7% from July’s $6,658,465.

RELATED: State winners & losers of legal sports betting in the last year

Although New Jersey, Pennsylvania and Nevada will post their August numbers later this month, in July New Jersey had $315,118,805 in handle, while Pennsylvania saw $164,782,229 and Nevada posted $163,552,029. It’s likely those numbers will rise in August, but Indiana should compare favorably.

The Indiana sports betting market, which celebrated its one-year anniversary Sept. 1, went over $1 billion in total handle during July. Gov. Eric Holcomb placed the first legal wager.

In February, the last full month before the coronavirus pandemic hit, Indiana had a total handle of $187.2 million, a record for the state.

Indiana, like other states with legal sports betting, was helped by the return of major professional sports. MLB started its season July 23 and the NBA and NHL restarted their seasons a week later, giving bettors more opportunities in August.

Numbers should continue to grow with the NFL season in progress. The Indianapolis Colts open their season Sunday at the Jacksonville Jaguars.

Indiana Sports Betting Revenue & Handle, August vs. July

RevenueMobile HandleTotal Handle
ChangeUp 47.7%Up 122.9%Up 138.5%

Mobile Numbers are Strong

The mobile handle was $143,900,567, an increase of 122.9% from July’s $64,545,921, according to the August report. The percentage of the total handle bet on mobile was 85%.

Indiana mobile sports bettors have plenty of options — BetAmerica, BetMGM, BetRivers, Caesars, DraftKings, FanDuel, PointsBet and Unibet. Unibet went live July 30 and has a partnership with the Horseshoe Hammond Casino.

RELATED: More about Indiana sports betting and gaming

And another is on the way. TheScore Bet, which went live in Colorado on Sept. 2, said the next market it will enter is Indiana, though a launch date has not been set. The company said in a news release announcing the Colorado launch that it will enter Indiana, pending regulatory approval, under a multi-state market access agreement with Penn National Gaming.

In early September, Scientific Games said it will provide the Wynn Sports app with its OpenSports enterprise software and launch OpenPlatform, a player account management system, in Indiana. It did not say when it would go live in Indiana.

On Sept. 5, PointsBet sportsbook struck a sports betting partnership agreement with the Indiana Pacers, becoming an official partner of the team. The move comes a few months after PointsBet launched its mobile sports betting app in Indiana.

How the Sportsbooks Fared

The Ameristar Casino in East Chicago, which has a partnership with DraftKings, took in $78,646,658 in handle in August, more than double its July total of $34,022,029.

The Blue Chip Casino In Michigan City, which has a partnership with FanDuel, saw $50,751,375 in August handle, also more than double its July handle of $24,468,974.

The Hollywood Lawrenceburg had an August handle of $11,720,382, about triple its July total, while the Belterra Casino saw $9,903,467 wagered in August after posting $3,647,366 in July. The Horseshoe Hammond, with its Unibet deal, had $3,589,353 in total handle for August.

With the NBA back and the Indiana Pacers playing in the bubble in August, basketball saw the highest number wagered during the month with $55,206,838. Parlay bets had $43,645,276, followed by other sports ($36,254,527) and baseball ($31,051,537).

Total casino win (tables plus EGD) was $173,128,913 in August, down 1.5% from July’s $175,753,210. Taxable AGR for gaming was $155,326,370, down 3.5% from July’s $160,985,772.

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