Indiana breaks betting revenue and handle records in January
Adjusted gross revenue for January totalled $29.3m (£21.2m/€24.2m), up 127.1% from the same month last year, while the amount was also 15.8% higher than the previous record of $25.3m set in November 2020.
Players wagered $348.2m on sports in January, more than double the $170.8m bet in the corresponding month in 2020, and also 11.2% more than December 2020’s previous record of $313.1m.
Operators paid a total of $2.8m in sports wagering tax during the month, up from $1.2m in January of last year.
Basketball was the sport of choice for many players in Indiana. Some $133.2m was wagered on basketball during the month, ahead of football on $77.6m and baseball with just $56,796. Parlay betting amounted to $86.1m, while other betting reached $50.3m in January.