Home > Finance > Indiana sets new revenue and handle records in December

Indiana sets new revenue and handle records in December

| By Daniel O'Boyle
Indiana sportsbooks took in a combined $12.0m on a handle of $161.8m – both new state records – as online sports betting continued to grow in the Hoosier state.

Indiana sportsbooks took in a combined $12.0m on a handle of $161.8m – both new state records – as online sports betting continued to grow in the Hoosier state.

The state’s revenue was a 28.9% increase from November and 4.3% above the previous high in October, while handle rose 9.8%.

Online stakes came to $110.6m, up 14.9% from November. Online betting handle made up 68.3% of overall bets, up from 65.3% in November. Online revenue came to $7.8m, an 80.9% increase from November.

The state took in a total of $1.1m in tax, up 29.0% month-on-month and 3.9% from the previous high in October.

Read more on iGB North America.

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