Indiana December Sports Betting Handle Tops $300M for 1st Time
The total sports betting handle in Indiana topped $300 million for the first time in December, increasing nearly 25% over November.
Sports betting in Indiana reached a record handle of $313.1 million in December, about a $62 million increase over the $251.4 million in November. The December handle was up 112.6% in the year-to-year comparison with December 2019 ($147.3 million).
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The adjusted gross revenue for December 2020 was $24.3 million, falling just short of the record in November of $25.3 million, according to the December report from the Indiana Gaming Commission. But December’s total was up 161.4% from December 2019 ($9.3 million).
The mobile sports betting total in December was $269.2 million, up 26% from November’s $213.7 million and an increase of 179.8% from December 2019 ($96.2 million). The mobile handle accounted for 86% of Indiana’s total sports wagering market in December 2020.
Indiana Sports Betting Revenue & Handle, December vs November
|Total handle||Mobile handle||Revenue (taxable AGR)|
|Change||Up 24.5%||Up 26.0%||Down 4.0%|
Other Key Numbers in Indiana
Among sportsbooks, DraftKings and FanDuel continued to dominate in Indiana.
Among individual sports, football (NFL and college) was the leader with $101.8 million in handle, a decrease from November’s $113.48 million as the college season was winding down. Basketball had a strong showing with $89.7 million played, while parlays ($79.2 million) and “other” ($41.5 million) rounded out the top wagers placed.
IGaming Legislation Filed
Looking at entire gambling market in Indiana, total casino win (tables plus slots) was $151.2 million in December, up 2% from November ($148.2 million); taxable AGR for Gaming was $139.1 million, up 4.4% from November’s $133.3 million.
Indiana Sen. Jon Ford introduced legislation Monday authorizing internet casino games in the state’s 14 casinos and racinos, according to published reports. The bill also includes online poker.
In October, Ford said he planned to introduce an online casino bill after seeing the success the state has had with sports betting. That online casino bill did not include poker, which has since been added.
A bill was also introduced in the Senate Monday that would legalize video gaming terminals. The bill from state Sen. Susan Glick (R-Indianapolis) would authorizes VGTs in veterans service organizations, like the VFW and American Legion, according to wishtv.com.
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