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.
|Ameristar East Chicago||DraftKings | theScore Bet||$72,649,996||$3,514,652||4.8%||$333,901|
|Belterra||BetMGM | Betway||$33,908,092||$3,164,490||9.3%||$300,631|
|Harrah's Hoosier Park||Caesars||$25,781,127||$769,328||3.0%||$79,096|
|Hollywood Lawrenceburg||PointsBet | Barstool||$17,923,451||$1,377,287||7.7%||$128,715|
|Horseshoe Hammond||Caesars | Unibet||$8,028,686||$532,036||6.6%||$53,188|
|Rising Star||WynnBet | SBK||$2,720,954||$70,567||2.6%||$5,101|
|Winners Circle Clarksville||$1,834,346||$212,023||11.6%||$21,006|
|Caesars Southern Indiana||$1,178,091||-$64,448||-5.5%||$523|
|Winners Circle Indianapolis||$1,081,036||$71,484||6.6%||$7,349|
|Winners Circle New Haven||$1,060,563||-$231,262||-21.8%||-$23,777|
|Bally's Evansville||Bally Bet||$974,035||$104,697||10.7%||$6,577|
|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
- 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.