Indiana sportsbook handle falls further in April
| By Daniel O'Boyle
Indiana sportsbook revenue and handle continued to decline due to novel coronavirus (Covid-19), with sportsbooks in the state reporting revenue of $1.6m for April, down 71.7% from March.
Indiana sportsbook revenue and handle continued to decline due to novel coronavirus (Covid-19), with sportsbooks in the state reporting revenue of $1.6m for April, down 71.7% from March.
Betting handle declined to $26.3m, 64.8% below March’s figure, which was already down 60% from February. Both revenue and handle figures were record lows since sports betting became legal in Indiana on 1 September 2019.
The state took in tax of $148,189, down 71.6%.
With no retail sportsbooks open, all bets were placed online. Online handle was down 57.7% from March and online revenue fell 66.6%.
Read more on iGB North America.