Indiana Sports Betting Generated $256 Million Of June Wagers

Posted on July 12, 2022

Indiana gamblers bet $256 million on sports throughout June as the market entered its slow season. June’s haul was a decrease from May’s $308 million handle.

Gambling markets around the country typically have a handful of slower months during the summer. Indiana sports betting isn’t immune to that dip, but the overall signs for the state’s industry are looking great.

June’s handle was a small improvement from the same stretch in 2021 when Indiana gamblers fell slightly shy of the $250 million mark. That 4% increase shows that the Hoosier State’s gambling market is still growing.

Indiana June 2022 sports betting handle

June’s handle led to over $15 million worth of Indiana sports betting revenue for gambling companies. That translated about $1.5 million worth of taxes for the state.

FanDuel Indiana’s $79 million handle made it the most popular online sportsbook in the state last month.

LicenseeOnline Brand(s)HandleRevenueHoldTaxes
Blue ChipFanDuel$79,657,689$5,548,7727.0%$527,133
Ameristar East ChicagoDraftKings | theScore Bet$72,649,996$3,514,6524.8%$333,901
BelterraBetMGM | Betway$33,908,092$3,164,4909.3%$300,631
Harrah's Hoosier ParkCaesars$25,781,127$769,3283.0%$79,096
Hollywood LawrenceburgPointsBet | Barstool$17,923,451$1,377,2877.7%$128,715
French LickBetRivers$8,193,980$523,2026.4%$49,732
Horseshoe HammondCaesars | Unibet$8,028,686$532,0366.6%$53,188
Rising StarWynnBet | SBK$2,720,954$70,5672.6%$5,101
Winners Circle Clarksville$1,834,346$212,02311.6%$21,006
Caesars Southern Indiana$1,178,091-$64,448-5.5%$523
Winners Circle Indianapolis$1,081,036$71,4846.6%$7,349
Winners Circle New Haven$1,060,563-$231,262-21.8%-$23,777
Bally's EvansvilleBally Bet$974,035$104,69710.7%$6,577
Horseshoe Indianapolis$703,395$79,71711.3%$7,898
Hard Rock Northern Indiana$611,818-$18,961-3.1%$692

Baseball leads Indiana June

Baseball finally knocked basketball from the top of Indiana’s wagering ranking in June.

Basketball had held the top podium spot since January, and the sport is usually one of the heavy hitters in Indiana’s market.

Here’s a quick glance at which sports gamblers were betting on during June:

  • Football: $887,000
  • Basketball: $36.4 million
  • Baseball: $84.6 million
  • Parlay: $64.3 million
  • Other: $69 million

Basketball no longer holds the top spot, but there’s another dip coming for the sport’s numbers next month.

Basketball will take a hit on the next revenue report now that the NBA Finals are over. Meanwhile, baseball will be leading the charge for the market until the return of the NFL in a handful of months.

New sportsbooks on the way

Indiana might be in the midst of its slower stretch of the season, but there are still plenty of things for gamblers to look forward to.

New online sportsbooks making their debuts in the state will give Hoosiers some fresh options.

ClutchBet is one of the most recent sportsbooks to announce its plans to launch in Indiana. Other betting apps that are on their way to the Hoosier State include:

  • Hard Rock Sportsbook
  • MaximBet
  • fubo Sportsbook
  • PlayUp Sportsbook
  • SI Sportsbook

More companies entering the market means a higher level of competition. That leads to better deals, more promotions and increasingly contentious odds. All of that is ultimately a win for Indiana gamblers.

Indiana’s $NUM million June handle is a great sign for the future. With new sportsbooks on the way and eager gamblers, the state is likely in for a record-setting football season this fall.

Photo by Shutterstock
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Jake Garza

Jake Garza is a US Gambling Industry Analyst for Catena Media. He specializes in Midwest sports betting and casino content. Prior to covering the legal gambling industry, he spent time as a professional sports writer, reporting on teams such as the Cincinnati Bengals, Indianapolis Colts and Indiana Pacers. Garza is currently working as a Managing Editor for PlayIndiana and PlayOhio, with previous stops at other well-known brands such as PlayIllinois and PlayMichigan. He has been covering the gambling industry since 2019, and currently works with a team of other journalists to provide comprehensive coverage of the legal U.S. gambling industry.

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