Indiana Sports Betting Revenue
Each month, the Indiana Gaming Commission (IGC) releases a thorough revenue report detailing slot machine numbers and revenue and table games numbers and revenue. As of October 2019, this report includes sports betting.
Each licensed sportsbook reports the following numbers:
Handle : The total amount of bets accepted.Revenue : The sportsbooks’ earnings or the total amount remaining after paying winners.Taxes : 9.5% of adjusted gross revenues payable to the state.
All-Time Indiana Sports Betting Numbers
8786648825
Dollars of sports wagers
Total sports betting handle in IN history
692228367
Dollars of sports betting revenue
Total sports betting revenue in IN history
65777931
Tax dollars for the state
Total sports betting taxes to date for IN
Lifetime IN Sports Betting Totals
Last updated: September 16, 2022
Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings $3,217,663,436 $217,044,102 6.7% $20,589,302
Blue Chip FanDuel $2,388,472,129 $210,764,221 8.8% $20,023,113
Belterra BetMGM | Betway $938,247,248 $82,826,570 8.8% $7,868,945
Hollywood Lawrenceburg PointsBet | Barstool $736,254,629 $68,930,167 9.4% $6,552,910
Harrah's Hoosier Park Caesars $484,652,885 $21,628,878 4.5% $2,019,249
French Lick BetRivers $306,852,609 $20,384,038 6.6% $1,937,299
Horseshoe Hammond Unibet $240,263,344 $21,925,569 9.1% $2,082,592
Bally's Evansville Bally Bet $122,816,481 $12,559,056 10.2% $1,184,868
Winners Circle Clarksville $87,161,980 $11,363,144 13.0% $1,150,310
Caesars Southern Indiana $64,380,030 $6,154,810 9.6% $593,432
Winners Circle Indianapolis $62,967,549 $7,453,458 11.8% $736,933
Rising Star WynnBet | TwinSpires | SBK $61,280,583 $3,927,826 6.4% $373,406
Horseshoe Indianapolis $39,594,072 $4,004,069 10.1% $349,824
Winners Circle New Haven $33,978,963 $3,189,055 9.4% $307,454
Hard Rock Northern Indiana $2,062,886 $73,404 3.6% $8,295
Total $8,786,648,825 $692,228,367 7.9% $65,777,931
Monthly Sportsbook Revenue Analysis
Monthly IN Sports Betting Revenue Reports
2022 Data
August 2022
Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings $73,292,288 $7,449,861 10.2% $685,916
Blue Chip FanDuel $69,890,850 $8,254,272 11.8% $783,636
Belterra BetMGM | Betway $28,065,416 $3,550,485 12.7% $327,240
Harrah's Hoosier Park Caesars $20,106,515 $1,707,190 8.5% $154,583
Hollywood Lawrenceburg PointsBet | Barstool $19,454,576 $2,697,003 13.9% $252,398
Horseshoe Hammond Unibet $7,519,864 $367,046 4.9% $28,540
French Lick BetRivers $7,160,920 $662,812 9.3% $60,973
Caesars Southern Indiana $3,538,270 $348,599 9.9% $39,982
Rising Star WynnBet | TwinSpires | SBK $2,465,854 $166,974 6.8% $15,864
Winners Circle Clarksville $1,940,345 $343,983 17.7% $32,620
Horseshoe Indianapolis $1,562,984 $49,092 3.1% $4,655
Winners Circle Indianapolis $851,357 $190,313 22.4% $17,232
Bally's Evansville Bally Bet $653,234 $115,785 17.7% $8,587
Winners Circle New Haven $602,817 $65,292 10.8% $5,912
Hard Rock Northern Indiana $574,361 $26,259 4.6% $687
Total $237,679,651 $25,994,966 10.9% $2,418,826
July 2022
Licensee Online Brand(s) Handle Revenue Hold Taxes
Blue Chip FanDuel $61,746,573 $7,370,450 11.9% $700,712
Ameristar East Chicago DraftKings | theScore Bet $61,277,539 $4,731,834 7.7% $471,385
Belterra BetMGM | Betway $26,337,135 $3,004,823 11.4% $295,518
Harrah's Hoosier Park Caesars $20,327,213 $1,623,413 8.0% $157,849
Hollywood Lawrenceburg PointsBet | Barstool $14,951,923 $1,870,465 12.5% $181,575
French Lick BetRivers $7,284,444 $485,007 6.7% $48,231
Horseshoe Hammond Unibet $6,869,939 $535,537 7.8% $52,762
Rising Star WynnBet | TwinSpires | SBK $2,163,432 $142,406 6.6% $11,162
Winners Circle Clarksville $1,601,571 $286,085 17.9% $27,263
Winners Circle Indianapolis $963,741 $70,340 7.3% $6,839
Horseshoe Indianapolis $716,295 $129,114 18.0% $12,304
Caesars Southern Indiana $683,408 $66,633 9.8% $0
Bally's Evansville Bally Bet $514,799 $64,996 12.6% $6,543
Winners Circle New Haven $468,521 $56,592 12.1% $5,503
Hard Rock Northern Indiana $439,321 -$3,294 -0.7% $323
Total $206,345,857 $20,434,403 9.9% $1,977,970
June 2022
Licensee Online Brand(s) Handle Revenue Hold Taxes
Blue Chip FanDuel $79,657,689 $5,548,772 7.0% $527,133
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
French Lick BetRivers $8,193,980 $523,202 6.4% $49,732
Horseshoe Hammond Caesars | Unibet $8,028,686 $532,036 6.6% $53,188
Rising Star WynnBet | TwinSpires | 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
Horseshoe Indianapolis $703,395 $79,717 11.3% $7,898
Hard Rock Northern Indiana $611,818 -$18,961 -3.1% $692
Total $256,307,260 $15,653,583 6.1% $1,497,766
May 2022
Licensee Online Brand(s) Handle Revenue Hold Taxes
Blue Chip FanDuel $91,966,053 $12,640,717 13.7% $1,200,878
Ameristar East Chicago DraftKings | theScore Bet $87,608,865 $7,665,167 8.7% $694,534
Belterra BetMGM | Betway $41,215,725 $4,409,922 10.7% $386,077
Harrah's Hoosier Park Caesars $31,195,482 $1,960,705 6.3% $162,931
Hollywood Lawrenceburg PointsBet | Barstool $23,622,459 $2,498,060 10.6% $229,592
French Lick BetRivers $11,227,057 $615,422 5.5% $57,358
Horseshoe Hammond Caesars | Unibet $9,330,498 $901,483 9.7% $84,631
Rising Star WynnBet | TwinSpires | SBK $3,608,061 $232,625 6.4% $15,159
Winners Circle Clarksville $2,761,702 $495,820 18.0% $34,958
Winners Circle New Haven $1,458,917 $556 0.0% $46
Caesars Southern Indiana $1,329,646 $124,512 9.4% $10,424
Winners Circle Indianapolis $1,294,451 $226,680 17.5% $18,837
Bally's Evansville Bally Bet $983,576 $87,852 8.9% $8,999
Hard Rock Northern Indiana $437,384 $69,400 15.9% $6,593
Horseshoe Indianapolis $345,809 $22,544 6.5% $1,589
Total $308,385,687 $31,951,466 10.4% $2,912,607
April 2022
Licensee Online Brand(s) Handle Revenue Hold Taxes
Blue Chip FanDuel $112,437,291 $12,677,237 11.3% $1,204,337
Ameristar East Chicago DraftKings | theScore Bet $101,579,801 $6,719,330 6.6% $672,005
Belterra BetMGM | Betway $46,708,743 $2,999,979 6.4% $317,863
Harrah's Hoosier Park Caesars $37,065,642 $1,314,765 3.5% $124,903
Hollywood Lawrenceburg PointsBet | Barstool $28,246,846 $2,070,327 7.3% $199,228
French Lick BetRivers $11,715,772 $532,561 4.5% $51,738
Horseshoe Hammond Unibet $9,233,457 $547,516 5.9% $45,383
Rising Star WynnBet | TwinSpires | SBK $4,135,295 -$37,564 -0.9% $6,661
Winners Circle Clarksville $2,740,048 $228,269 8.3% $22,039
Caesars Southern Indiana $1,908,743 $180,429 9.5% $20,106
Winners Circle Indianapolis $1,410,357 $257,817 18.3% $24,493
Winners Circle New Haven $1,274,865 $86,934 6.8% $34,304
Bally's Evansville Bally Bet $1,135,341 $62,841 5.5% $0
Horseshoe Indianapolis $431,055 -$6,348 -1.5% -$603
Total $360,023,255 $27,634,092 7.7% $2,722,456
March 2022
Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings | theScore Bet $145,891,716 $7,470,891 5.1% $709,772
Blue Chip FanDuel $143,807,803 $12,171,756 8.5% $1,156,384
Belterra BetMGM | Betway $58,337,012 $5,305,566 9.1% $504,048
Harrah's Hoosier Park Caesars $56,312,930 $2,318,314 4.1% $220,240
Hollywood Lawrenceburg PointsBet | Barstool $37,326,892 $2,910,844 7.8% $246,931
French Lick BetRivers $14,477,663 $780,935 5.4% $74,220
Horseshoe Hammond Unibet $4,766,317 $387,208 8.1% $42,514
Rising Star WynnBet | TwinSpires | SBK $4,196,108 $132,719 3.2% $12,731
Winners Circle Clarksville $3,812,690 $473,982 12.4% $57,478
Caesars Southern Indiana $2,649,247 $325,373 12.3% $19,165
Winners Circle Indianapolis $1,852,967 $165,085 8.9% $15,683
Bally's Evansville Bally Bet $1,821,245 $138,660 7.6% $17,009
Winners Circle New Haven $944,308 $153,813 16.3% $13,868
Horseshoe Indianapolis $605,885 $53,306 8.8% $5,064
Total $476,802,783 $32,788,454 6.9% $3,095,106
February 2022
Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings | theScore Bet $127,424,524 $7,351,769 5.8% $618,852
Blue Chip FanDuel $108,101,238 $4,977,531 4.6% $46,563
Belterra BetMGM | Betway $53,803,542 $3,886,475 7.2% $369,215
Harrah's Hoosier Park Caesars $46,002,793 $2,050,891 4.5% $194,835
Hollywood Lawrenceburg PointsBet | Barstool $38,689,451 $2,344,680 6.1% $185,333
French Lick BetRivers $14,431,578 $744,205 5.2% $62,461
Horseshoe Hammond Unibet $6,926,863 $425,685 6.1% $39,324
Rising Star WynnBet | TwinSpires $4,462,935 $164,286 3.7% $14,599
Winners Circle Clarksville $3,081,049 $221,594 7.2% $42,430
Caesars Southern Indiana $1,930,658 $243,159 12.6% $32,003
Bally's Evansville Bally Bet $1,745,886 $64,997 3.7% $12,166
Winners Circle Indianapolis $1,175,878 $37,859 3.2% $3,597
Winners Circle New Haven $755,548 $20,822 2.8% $2,754
Indiana Grand $577,160 -$137,822 -23.9% -$13,093
Total $409,109,104 $22,396,131 5.5% $1,611,037
January 2022
Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings | theScore Bet $168,896,381 $10,326,694 6.1% $1,060,673
Blue Chip FanDuel $127,247,298 $7,704,395 6.1% $1,158,221
Harrah's Hoosier Park Caesars $56,357,127 $1,711,738 3.0% $162,615
Belterra BetMGM | Betway $55,466,512 $5,055,095 9.1% $474,224
Hollywood Lawrenceburg PointsBet | Barstool $48,079,629 $1,123,184 2.3% $181,759
French Lick BetRivers $17,510,095 $833,918 4.8% $87,480
Horseshoe Hammond Unibet $7,673,010 $591,928 7.7% $58,798
Rising Star WynnBet | TwinSpires $5,213,115 $382,324 7.3% $37,034
Winners Circle Clarksville $4,156,651 $515,296 12.4% $56,646
Caesars Southern Indiana $3,520,145 $515,381 14.6% $52,020
Winners Circle Indianapolis $1,966,030 $86,874 4.4% $8,253
Bally's Evansville Bally Bet $1,888,699 $139,670 7.4% $14,110
Indiana Grand $1,105,913 $190,136 17.2% $18,063
Winners Circle New Haven $1,058,043 $101,543 9.6% $9,666
Total $500,138,648 $29,278,177 5.9% $3,379,560
Historical IN Sports Betting Data
2021 Data
December 2021
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue Taxes (9.5%)
Ameristar East Chicago DraftKings | theScore Bet $155,380,020 $149,694,595 $5,685,425 $6,812,196 $647,188
Blue Chip FanDuel $121,125,071 $120,459,900 $665,171 $7,611,261 $723,070
Harrah's Hoosier Park Caesars $53,675,964 $48,939,219 $4,736,745 $1,878,379 $178,407
Belterra BetMGM | Betway $52,194,290 $51,454,932 $739,358 $3,558,648 $344,090
Hollywood Lawrenceburg PointsBet | Barstool $41,322,377 $27,461,364 $13,861,013 $3,336,037 $316,963
French Lick BetRivers $16,325,260 $15,186,476 $1,138,784 $1,077,531 $102,017
Horseshoe Hammond Unibet $7,546,882 $3,024,784 $4,522,098 $548,675 $46,692
Rising Star TwinSpires | WynnBet $6,633,729 $6,457,314 $176,415 $353,200 $31,901
Indiana Grand $4,890,436 $0 $4,890,436 $538,481 $41,352
Caesars Southern Indiana $2,569,778 $0 $2,569,778 $167,118 $7,807
Bally's Evansville Bally Bet $1,351,804 $130,952 $1,220,852 $125,604 $8,709
Total $463,015,611 $422,809,536 $40,206,075 $26,007,130 $2,448,196
November 2021
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue Taxes (9.5%)
Ameristar East Chicago DraftKings | theScore Bet $174,803,943 $168,470,582 $6,333,361 $13,590,059 $1,291,072
Blue Chip FanDuel $110,628,491 $109,848,179 $780,312 $15,735,554 $1,494,878
Belterra BetMGM | Betway $48,649,388 $47,842,439 $806,949 $4,545,138 $431,795
Hollywood Lawrenceburg PointsBet | Barstool $42,400,645 $29,658,431 $12,742,214 $4,734,889 $449,833
French Lick BetRivers $14,229,837 $13,610,220 $619,617 $1,084,140 $103,363
Harrah's Hoosier Park Caesars $48,683,586 $43,890,205 $4,793,381 $3,718,093 $344,429
Horseshoe Hammond Unibet $8,409,347 $4,292,322 $4,117,025 $1,270,043 $126,134
Rising Star TwinSpires | WynnBet $5,521,387 $5,300,374 $221,013 $534,669 $44,953
Indiana Grand $5,145,159 $0 $5,145,159 $1,057,766 $110,455
Caesars Southern Indiana $3,421,291 $0 $3,421,291 $611,900 $39,127
Bally's Evansville $1,791,664 $0 $1,791,664 $260,320 $27,222
Total $463,684,738 $422,912,752 $40,771,986 $47,142,571 $4,463,261
October 2021
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue Taxes (9.5%)
Ameristar East Chicago DraftKings | theScore Bet $160,762,619 $153,935,553 $6,827,066 $8,776,408 $830,358
Blue Chip FanDuel $114,651,752 $113,258,342 $1,393,411 $9,505,229 $903,023
Belterra BetMGM | Betway $49,878,404 $48,980,895 $897,509 $3,625,270 $344,401
Hollywood Lawrenceburg PointsBet | Barstool $49,512,514 $33,905,040 $15,607,474 $2,482,337 $235,822
Harrah's Hoosier Park Caesars $46,309,932 $40,235,126 $6,074,806 $945,530 $47,101
French Lick BetRivers $14,344,497 $13,634,906 $709,591 $844,791 $80,276
Horseshoe Hammond Unibet $7,992,329 $2,053,962 $5,938,368 $403,966 $27,472
Rising Star TwinSpires | WynnBet $6,149,549 $5,940,759 $208,790 $508,539 $56,743
Indiana Grand $5,750,626 $0 $5,750,626 $610,457 $58,083
Caesars Southern Indiana $3,880,504 $0 $3,880,504 -$52,245 $18,881
Bally's Evansville $1,898,516 $0 $1,898,516 $188,190 $18,189
Total $461,131,242 $411,944,581 $49,186,661 $27,838,472 $2,620,348
September 2021
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $138,468,042 $133,459,483 $5,008,559 $8,306,501 $794,308
Blue Chip FanDuel $78,136,462 $77,231,138 $905,324 $10,723,287 $1,018,714
Hollywood Lawrenceburg PointsBet | Barstool $38,614,649 $27,091,061 $11,523,588 $4,948,407 $493,314
Belterra BetMGM | Betway $38,287,749 $37,667,397 $620,352 $4,749,167 $451,190
Harrah's Hoosier Park Caesars $35,337,258 $30,662,296 $4,674,962 $1,412,498 $184,400
French Lick BetRivers $9,357,058 $8,948,954 $408,104 $660,702 $62,806
Horseshoe Hammond Unibet $5,142,770 $950,588 $4,192,182 $568,208 $64,359
Rising Star TwinSpires | WynnBet $4,222,972 $4,117,333 $105,639 $428,730 $40,752
Caesars Southern Indiana $2,042,937 $0 $2,042,937 $348,009 $36,374
Tropicana Evansville $1,428,747 $0 $1,428,747 $272,478 $20,221
Indiana Grand $4,386,538 $0 $4,386,538 $889,120 $84,525
Total $355,425,184 $320,128,251 $35,296,933 $33,307,106 $3,250,964
August 2021
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $79,451,201 $76,050,283 $3,400,918 $4,630,049 $439,862
Blue Chip FanDuel $52,995,143 $52,642,898 $352,245 $4,992,731 $474,321
Belterra BetMGM | Betway $26,765,510 $26,488,211 $277,299 $2,567,828 $243,945
Hollywood Lawrenceburg PointsBet | Barstool $20,130,161 $14,518,215 $5,611,946 $1,880,176 $178,648
Tropicana Evansville Caesars $17,392,230 $16,862,075 $530,155 $1,025,307 $96,048
French Lick BetRivers $5,938,911 $5,777,952 $160,959 $439,365 $41,747
Horseshoe Hammond Unibet $3,463,013 $775,921 $2,687,092 $317,234 $18,712
Indiana Grand $3,313,345 $0 $3,313,345 $296,491 $28,186
Harrah's Hoosier Park $3,050,586 $0 $3,050,586 $270,733 $25,662
Rising Star TwinSpires | WynnBet $2,162,318 $2,123,634 $38,684 $122,773 $11,556
Caesars Southern Indiana $974,405 $0 $974,405 $161,750 $12,392
Total $215,636,823 $195,239,189 $20,397,634 $16,704,437 $1,571,079
July 2021
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $66,630,479 $63,587,961 $3,042,519 $5,167,421 $490,923
Blue Chip FanDuel $54,812,502 $54,343,643 $468,859 $5,322,994 $505,684
Belterra BetMGM | Betway $25,879,817 $25,594,936 $284,882 $2,213,978 $210,337
Hollywood Lawrenceburg PointsBet | Barstool $20,048,561 $14,155,587 $5,892,974 $2,418,172 $229,748
Tropicana Evansville William Hill $8,515,185 $7,908,956 $606,230 $241,766 $30,476
French Lick BetRivers $7,183,252 $6,861,126 $322,126 $688,570 $65,426
Horseshoe Hammond Caesars | Unibet $3,240,547 $852,852 $2,387,695 $243,086 $34,956
Indiana Grand $2,981,025 $0 $2,981,025 $299,775 $28,494
Harrah's Hoosier Park $2,748,622 $0 $2,748,622 $340,030 $32,236
Caesars Southern Indiana $1,125,218 $0 $1,125,218 $119,243 $14,303
Rising Star TwinSpires | WynnBet $1,327,460 $1,274,580 $52,880 $170,001 $15,468
Total $194,492,669 $174,579,640 $19,913,029 $17,225,036 $1,658,052
June 2021
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $83,906,560 $79,422,986 $4,483,574 $5,919,140 $562,318
Blue Chip FanDuel $65,122,487 $64,222,392 $900,095 $9,204,100 $874,389
Hollywood Lawrenceburg PointsBet | Barstool $34,083,533 $25,049,518 $9,034,015 $1,751,544 $166,397
Belterra BetMGM | Betway $29,782,549 $29,277,103 $505,446 $3,256,307 $309,349
Tropicana Evansville William Hill $11,868,813 $11,117,901 $750,912 $3,105,585 $295,031
French Lick BetRivers $7,264,510 $6,927,250 $337,260 $643,018 $61,087
Horseshoe Hammond Caesars | Unibet $4,205,100 $1,036,916 $3,168,183 $600,510 $57,048
Indiana Grand $3,832,624 $0 $3,832,624 $453,951 $43,125
Harrah's Hoosier Park $3,295,726 $0 $3,295,726 $250,795 $23,826
Caesars Southern Indiana $1,527,817 $0 $1,527,817 $114,818 $10,908
Rising Star TwinSpires | WynnBet $1,431,951 $1,355,597 $76,354 $179,615 $17,063
Grand Total $246,321,671 $218,409,664 $27,912,006 $25,479,383 $2,420,541
May 2021
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $89,174,818 $84,792,062 $4,382,756 $4,605,331 $437,506
Blue Chip FanDuel $80,000,077 $79,295,853 $704,224 $7,673,122 $728,947
Belterra BetMGM | Betway $29,788,164 $29,304,760 $447,404 $2,562,430 $243,431
Hollywood Lawrenceburg PointsBet | Barstool $26,084,407 $17,632,903 $8,451,505 $2,013,013 $191,236
Tropicana Evansville William Hill $8,941,195 $8,238,867 $702,328 $207,082 $19,673
French Lick BetRivers $6,950,173 $6,825,909 $124,264 $458,187 $43,528
Horseshoe Hammond Caesars | Unibet $4,354,210 $1,311,791 $3,042,419 $329,182 $31,272
Harrah's Hoosier Park $3,741,071 $0 $3,741,071 $388,667 $36,923
Indiana Grand $3,072,921 $0 $3,072,921 $410,227 $38,972
Caesars Southern Indiana $1,270,882 $0 $1,270,882 $122,159 $11,605
Rising Star TwinSpires | WynnBet $1,067,307 $989,986 $77,322 $83,792 $7,960
Total $254,445,226 $228,392,131 $26,017,096 $18,853,192 $1,791,053
April 2021
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $87,631,485 $82,437,019 $5,194,466 $7,136,527 $677,970
Blue Chip FanDuel $67,628,249 $67,090,674 $537,575 $5,708,014 $542,261
Belterra BetMGM $31,377,566 $30,932,736 $444,830 $3,100,499 $294,547
Hollywood Lawrenceburg PointsBet $18,717,214 $10,287,400 $8,429,814 $2,178,860 $206,992
Tropicana Evansville William Hill $9,317,085 $8,482,255 $834,830 $524,880 $49,864
French Lick BetRivers $7,490,581 $7,260,939 $229,642 $385,283 $36,602
Horseshoe Hammond Caesars | Unibet $4,846,087 $2,009,477 $2,836,610 $60,223 $5,721
Indiana Grand $3,792,157 $0 $3,792,157 $402,409 $38,229
Harrah's $3,504,269 $0 $3,504,269 $408,041 $38,764
Caesars Southern Indiana $1,449,649 $0 $1,449,649 $125,983 $11,968
Rising Star TwinSpires | WynnBet $648,967 $570,480 $78,486 $48,457 $4,603
Total $236,403,308 $209,070,980 $27,332,328 $20,079,176 $1,907,522
March 2021
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $120,414,215 $114,224,535 $6,189,680 $9,177,459 $871,859
Blue Chip FanDuel $92,409,340 $91,260,954 $1,148,386 $6,932,373 $658,575
Belterra BetMGM $40,237,180 $39,432,282 $804,898 $3,729,561 $354,308
Hollywood Lawrenceburg PointsBet $23,984,447 $13,143,104 $10,841,343 $3,318,480 $315,256
Tropicana Evansville William Hill $10,765,468 $9,523,019 $1,242,449 $1,187,993 $112,859
French Lick BetRivers $9,794,400 $9,159,690 $634,710 $868,617 $82,519
Horseshoe Hammond Caesars | Unibet $6,158,528 $2,364,067 $3,794,462 $41,324 $3,926
Indiana Grand $5,278,686 $0 $5,278,686 $599,772 $56,978
Harrah's $5,024,768 $0 $5,024,768 $391,563 $37,198
Caesars Southern Indiana $2,410,546 $0 $2,410,546 $48,985 $4,654
Rising Star BetAmerica $240,183 $76,686 $163,496 $54,511 $5,179
Total $316,717,762 $279,184,337 $37,533,425 $26,350,639 $2,503,311
February 2021
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar DraftKings | theScore Bet $114,951,758 $110,098,240 $4,853,518 $4,225,113 $401,386
Blue Chip FanDuel $71,544,562 $70,911,646 $632,915 $4,955,336 $470,757
Belterra BetMGM $33,639,852 $33,013,203 $626,649 $2,240,748 $212,871
Hollywood Lawrenceburg PointsBet $21,606,233 $11,322,078 $10,284,155 $2,161,900 $205,380
French Lick BetRivers $7,864,285 $7,470,268 $394,016 $539,843 $51,285
Tropicana Evansville William Hill $7,211,619 $5,633,525 $1,578,094 $561,271 $53,321
Horseshoe Hammond Caesars | Unibet $6,623,448 $2,478,041 $4,145,407 $936,406 $88,959
Harrah's $4,036,965 $0 $4,036,965 $387,639 $36,826
Indiana Grand $3,828,570 $0 $3,828,570 $471,791 $44,820
Caesars Southern Indiana $2,370,098 $0 $2,370,098 $467,361 $44,399
Rising Star BetAmerica $215,683 $100,555 $115,128 $8,497 $807
Total $273,893,073 $241,027,556 $32,865,517 $16,955,904 $1,610,811
January 2021
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar DraftKings | theScore Bet $134,411,121 $124,804,469 $9,606,652 $10,734,942 $1,019,819
Blue Chip FanDuel $90,550,502 $89,240,067 $1,310,435 $6,159,428 $585,146
Belterra BetMGM $57,017,119 $52,423,923 $4,593,197 $5,010,400 $475,988
Hollywood Lawrenceburg PointsBet $26,836,024 $13,456,598 $13,379,426 $3,210,072 $304,957
French Lick BetRivers $9,839,725 $9,038,825 $800,900 $884,002 $83,980
Horseshoe Hammond Caesars | Unibet $9,630,461 $2,233,308 $7,397,153 $927,381 $88,101
Tropicana Evansville William Hill $7,249,670 $5,136,765 $2,112,905 $760,051 $72,205
Indiana Grand $4,847,618 $0 $4,847,618 $812,954 $77,231
Harrah's $4,634,872 $0 $4,634,872 $703,018 $66,787
Caesars Southern Indiana $2,949,142 $0 $2,949,142 $276,803 $26,296
Rising Star BetAmerica $278,422 $171,253 $107,169 $26,427 $2,511
Total $348,244,676 $296,505,207 $51,739,469 $29,505,479 $2,803,021
2020 Data
December 2020
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $125,036,349 $115,522,028 $9,514,321 $6,888,872 $654,427
Blue Chip FanDuel $80,063,263 $78,155,241 $1,908,022 $5,096,428 $691,145
Belterra BetMGM $45,717,450 $40,983,964 $4,733,487 $2,312,517 $219,691
Hollywood Lawrenceburg PointsBet $23,407,102 $11,396,776 $12,010,327 $3,322,399 $315,369
French Lick BetRivers $11,614,525 $10,606,542 $1,007,983 $756,505 $71,884
Horseshoe Hammond Caesars | Unibet $9,283,839 $2,038,927 $7,244,911 $1,212,209 $111,902
Tropicana Evansville William Hill $5,789,095 $4,159,818 $1,629,277 $916,927 $86,972
Harrah's Hoosier Park $4,897,505 $0 $4,897,505 $629,976 $57,564
Indiana Grand $4,426,755 $0 $4,426,755 $680,967 $64,692
Caesars Southern Indiana $2,554,968 $0 $2,554,968 $161,869 $15,396
Rising Star BetAmerica $321,622 $209,608 $112,013 $24,936 $3,431
Total $313,112,473 $263,072,904 $50,039,569 $22,003,606 $2,292,472
November 2020
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $103,687,824 $97,370,965 $6,316,860 $8,381,938 $796,337
Blue Chip FanDuel $65,953,899 $64,191,496 $1,762,403 $8,088,747 $768,443
Belterra BetMGM $26,195,736 $25,326,955 $868,781 $2,277,932 $216,444
Hollywood Lawrenceburg PointsBet $21,509,522 $9,909,485 $11,600,037 $2,525,601 $240,284
French Lick BetRivers $10,945,519 $10,319,202 $626,317 $708,366 $64,576
Horseshoe Hammond Caesars | Unibet $7,281,136 $2,379,222 $4,901,914 $1,078,396 $106,067
Tropicana Evansville William Hill $5,530,411 $4,046,457 $1,483,954 $838,439 $79,637
Harrah's Hoosier Park $4,449,323 $0 $4,449,323 $495,091 $48,663
Indiana Grand $3,623,587 $0 $3,623,587 $461,711 $47,748
Caesars Southern Indiana $1,934,544 $0 $1,934,544 $359,724 $34,205
Rising Star BetAmerica $292,493 $144,130 $148,362 $39,696 $3,771
Total $251,403,994 $213,687,912 $37,716,082 $25,255,641 $2,406,175
October 2020
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $97,473,595 $91,936,937 $5,536,659 $9,596,062 $750,191
Blue Chip FanDuel $65,619,083 $63,589,991 $2,029,093 $7,319,108 $600,581
Belterra BetMGM $20,928,487 $20,069,843 $858,645 $1,898,207 $179,538
Hollywood Lawrenceburg PointsBet $18,549,115 $7,067,247 $11,481,868 $2,730,095 $185,420
French Lick BetRivers $8,404,251 $7,801,222 $603,028 $712,096 $63,679
Horseshoe Hammond Caesars | Unibet $6,444,361 $2,227,195 $4,217,165 $875,613 $58,378
Indiana Grand $4,481,740 $0 $4,481,740 $657,753 $60,398
Harrah's Hoosier Park $4,139,689 $0 $4,139,689 $562,522 $45,311
Caesars Southern Indiana $2,401,967 $0 $2,401,967 $428,886 $34,467
Tropicana Evansville William Hill $2,194,555 $149,897 $2,044,658 $293,334 $25,233
Rising Star BetAmerica $295,408 $189,108 $106,300 $21,138 $2,153
Total $230,932,251 $193,031,440 $37,900,810 $25,094,814 $2,005,347
September 2020
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $95,056,265 $89,825,567 $5,230,699 $3,833,251 $525,710
Blue Chip FanDuel $57,696,201 $56,507,126 $1,189,074 $2,409,933 $317,495
Hollywood Lawrenceburg PointsBet $16,055,246 $6,196,439 $9,858,806 $1,461,578 $214,609
Belterra BetMGM $13,893,605 $13,190,060 $703,545 $1,412,644 $135,001
French Lick BetRivers $6,625,020 $6,243,220 $381,799 $370,952 $42,114
Horseshoe Hammond Caesars | Unibet $5,193,243 $1,119,147 $4,074,096 $280,245 $0
Indiana Grand $5,004,782 $0 $5,004,782 $657,620 $58,108
Harrah's Hoosier Park $4,047,959 $0 $4,047,959 $434,887 $47,555
Caesars Southern Indiana $2,047,180 $0 $2,047,180 $109,488 $0
Tropicana Evansville $1,668,146 $0 $1,668,146 $245,214 $14,803
Rising Star BetAmerica $162,459 $88,832 $73,627 $22,454 $1,556
Total $207,450,106 $173,170,392 $34,279,714 $11,238,265 $1,356,952
August 2020
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $78,646,658 $73,701,146 $4,945,512 $5,819,958 $465,125
Blue Chip FanDuel $50,751,375 $50,057,516 $693,859 $3,642,451 $216,175
Hollywood Lawrenceburg PointsBet $11,720,382 $4,783,206 $6,937,176 $1,128,945 $107,298
Belterra BetMGM $9,903,467 $9,387,161 $516,306 $743,872 $70,678
French Lick BetRivers $5,107,678 $5,005,798 $101,880 $343,847 $32,023
Horseshoe Hammond Caesars | Unibet $3,589,353 $902,247 $2,687,106 $248,916 $0
Harrah's Hoosier Park $3,500,365 $0 $3,500,365 $282,683 $26,073
Indiana Grand $2,577,860 $0 $2,577,860 $293,988 $16,941
Caesars Southern Indiana $1,590,272 $0 $1,590,272 -$6,409 $0
Tropicana Evansville $1,517,254 $0 $1,517,254 $94,407 $0
Rising Star BetAmerica $113,574 $63,494 $50,079 $9,161 $0
Total $169,018,238 $143,900,568 $25,117,669 $12,601,820 $934,314
July 2020
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings | theScore $34,022,029 $32,863,948 $1,158,081 $2,438,361 $291,923
Blue Chip FanDuel $24,468,974 $24,222,577 $246,397 $1,177,635 $239,430
Hollywood Lawrenceburg PointsBet $3,789,448 $1,103,867 $2,685,581 $535,307 $43,392
Belterra BetMGM $3,647,366 $3,522,336 $125,030 $423,888 $39,033
French Lick BetRivers $2,702,634 $2,668,898 $33,736 $199,349 $18,776
Horseshoe Hammond Caesars | Unibet $903,626 $145,997 $757,628 $42,066 $0
Caesars Southern Indiana $420,658 $0 $420,658 $41,790 $0
Harrah's Hoosier Park $324,042 $0 $324,042 $79,755 $0
Tropicana Evansville $292,118 $0 $292,118 -$74,479 $0
Indiana Grand $234,605 $0 $234,605 $20,980 $12,024
Rising Star BetAmerica $71,123 $18,297 $52,826 $862 $0
Total $70,876,622 $64,545,922 $6,330,700 $4,885,514 $644,578
June 2020
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $18,430,007 $18,239,086 $190,921 $1,540,429 $166,740
Blue Chip FanDuel $7,900,687 $7,867,516 $33,171 $795,707 $83,482
French Lick BetRivers $1,349,570 $1,336,452 $13,118 $157,735 $15,221
Belterra BetMGM $1,141,097 $1,124,010 $17,087 $120,335 $12,158
Hollywood Lawrenceburg PointsBet $844,344 $520,376 $323,968 -$2,470 $0
Horseshoe Hammond Caesars $54,946 $33,444 $21,502 -$27,186 $0
Rising Star BetAmerica $34,384 $28,212 $6,172 $962 $0
Tropicana Evansville $28,547 $0 $28,547 -$2,847 $0
Harrah's Hoosier Park $0 $0 $0 -$4,725 $0
Indiana Grand $0 $0 $0 -$2,508 $0
Caesars Southern Indiana $0 $0 $0 -$31,629 $0
Total $29,783,582 $29,149,096 $634,486 $2,543,803 $277,600
May 2020
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $20,132,953 $20,132,953 $0 $1,801,639 $173,536
Blue Chip FanDuel $12,271,816 $12,271,816 $0 $1,056,061 $101,030
French Lick BetRivers $2,396,529 $2,396,529 $0 $168,380 $16,681
Belterra BetMGM $1,501,998 $1,501,998 $0 $123,467 $10,850
Hollywood Lawrenceburg PointsBet $986,258 $986,258 $0 $74,687 $0
Rising Star BetAmerica $37,323 $37,323 $0 $10,042 $0
Horseshoe Hammond Caesars $8,063 $8,063 $0 $2,755 $0
Harrah's Hoosier Park $0 $0 $0 $0 $0
Indiana Grand $0 $0 $0 $0 $0
Caesars Southern Indiana $0 $0 $0 $0 $0
Tropicana Evansville $0 $0 $0 $0 $0
Total $37,334,940 $37,334,940 $0 $3,237,031 $302,097
April 2020
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $13,649,514 $13,649,514 $0 $908,322 $91,006
Blue Chip FanDuel $9,715,664 $9,715,664 $0 $558,155 $40,576
French Lick BetRivers $2,067,231 $2,067,231 $0 $116,284 $11,047
Hollywood Lawrenceburg PointsBet $449,638 $449,638 $0 -$4,768 $0
Belterra BetMGM $418,195 $418,195 $0 $48,043 $5,559
Rising Star BetAmerica $3,886 $3,886 $0 $3,519 $0
Horseshoe Hammond $0 $0 $0 $0 $0
Harrah's Hoosier Park $0 $0 $0 $0 $0
Indiana Grand $0 $0 $0 $0 $0
Caesars Southern Indiana $0 $0 $0 $0 $0
Tropicana Evansville $0 $0 $0 $0 $0
Total $26,304,128 $26,304,128 $0 $1,629,555 $148,189
March 2020
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $35,213,890 $33,087,455 $2,126,435 $2,658,851 $252,615
Blue Chip FanDuel $22,282,365 $21,589,354 $693,011 $1,460,616 $151,393
French Lick BetRivers $3,677,470 $3,596,127 $81,343 $327,455 $31,108
Horseshoe Hammond $3,439,690 $0 $3,439,690 $211,475 $0
Hollywood Lawrenceburg PointsBet $2,897,166 $334,237 $2,562,929 $251,772 $23,283
Belterra BetMGM $2,300,562 $2,057,873 $242,689 $335,587 $30,099
Harrah's Hoosier Park $1,768,079 $0 $1,768,079 $32,459 $12,767
Indiana Grand $1,668,531 $0 $1,668,531 $95,088 $20,820
Caesars Southern Indiana $800,758 $0 $800,758 -$25,689 $0
Tropicana Evansville $594,036 $0 $594,036 -$49,753 $0
Rising Star BetAmerica $176,254 $132,568 $43,686 $2,330 $0
Total $74,818,801 $60,797,614 $14,021,187 $5,300,191 $522,086
February 2020
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $79,971,894 $74,110,276 $5,861,618 $6,047,650 $574,585
Blue Chip FanDuel $65,935,858 $63,833,235 $2,102,623 $2,665,685 $195,715
Horseshoe Hammond $12,391,845 $0 $12,391,845 $52,445 $102,387
French Lick BetRivers $8,054,464 $7,666,808 $387,656 $375,884 $35,710
Hollywood Lawrenceburg $6,803,081 $0 $6,803,081 $308,577 $43,947
Harrah's Hoosier Park $4,510,204 $0 $4,510,204 $301,764 $25,739
Indiana Grand $4,469,396 $0 $4,469,396 $516,760 $49,131
Caesars Southern Indiana $2,215,524 $0 $2,215,524 $16,774 $14,212
Tropicana Evansville $1,563,318 $0 $1,563,318 $31,513 $9,137
Belterra BetMGM $934,291 $70,061 $864,230 $59,348 $3,247
Rising Star BetAmerica $336,347 $212,953 $123,393 $5,554 $0
Total $187,186,221 $145,893,333 $41,292,888 $10,381,954 $1,053,811
January 2020
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $73,037,356 $65,993,539 $7,043,817 $6,014,079 $571,461
Blue Chip FanDuel $52,211,848 $49,519,651 $2,692,197 $2,210,553 $267,528
Horseshoe Hammond $13,705,355 $0 $13,705,355 $1,803,809 $171,452
French Lick BetRivers $8,303,667 $7,770,033 $533,634 $604,310 $57,412
Hollywood Lawrenceburg $7,736,943 $0 $7,736,943 $578,993 $50,304
Harrah's Hoosier Park $5,428,810 $0 $5,428,810 $321,786 $30,958
Indiana Grand $4,991,790 $0 $4,991,790 $365,318 $33,165
Caesars Southern Indiana $2,395,735 $0 $2,395,735 $143,966 $15,268
Tropicana Evansville $1,999,848 $0 $1,999,848 $210,974 $18,871
Belterra $934,724 $0 $934,724 $8,077 $5,379
Rising Star BetAmerica $303,174 $89,622 $213,552 -$38,643 $0
Total $171,049,250 $123,372,845 $47,676,405 $12,223,222 $1,221,796
2019 Data
December 2019
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue Taxes (9.5%)
Ameristar East Chicago DraftKings $75,045,756 $66,701,840 $8,343,916 $5,971,963 $555,345
Blue Chip FanDuel $40,145,926 $35,962,198 $4,183,728 $2,395,170 $227,541
Belterra $948,810 $0 $948,810 $151,640 $14,527
Hollywood Lawrenceburg $8,929,827 $0 $8,929,827 $824,235 $83,601
French Lick BetRivers $9,389,083 $7,908,510 $1,480,573 $541,787 $50,578
Horseshoe Hammond $13,380,609 $0 $13,380,609 $1,148,008 $109,448
Harrah's Hoosier Park $5,655,637 $0 $5,655,637 $441,112 $41,266
Tropicana Evansville $1,971,301 $0 $1,971,301 $185,176 $20,604
Indiana Grand $4,601,753 $0 $4,601,753 $208,275 $16,715
Caesars Southern Indiana $1,581,536 $0 $1,581,536 $170,884 $16,741
Rising Star BetAmerica $158,686 $2,129 $156,557 $29,864 $2,675
Total $161,808,924 $110,574,677 $51,234,247 $12,068,114 $1,139,042
November 2019
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $72,071,227 $64,084,130 $7,987,097 $5,021,021 $410,048
Blue Chip FanDuel $28,197,799 $23,727,830 $4,469,969 $1,980,739 $188,170
Horseshoe Hammond $12,964,573 $0 $12,964,573 $800,208 $63,823
French Lick BetRivers $9,634,074 $8,393,415 $1,240,659 $521,641 $46,306
Hollywood Lawrenceburg $8,787,291 $0 $8,787,291 $1,149,215 $81,829
Harrah's Hoosier Park $6,972,109 $0 $6,972,109 $557,764 $44,076
Indiana Grand $4,193,837 $0 $4,193,837 $171,205 $18,913
Tropicana Evansville $2,011,102 $0 $2,011,102 $174,841 $11,918
Caesars Southern Indiana $1,414,256 $0 $1,414,256 $106,081 $8,009
Belterra $920,344 $0 $920,344 $92,233 $8,362
Rising Star $110,300 $0 $110,300 $18,373 $1,907
Total $147,276,912 $96,205,375 $51,071,537 $10,593,321 $883,363
October 2019
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $46,169,268 $39,374,511 $6,794,757 $4,500,139 $477,434
Horseshoe Hammond $10,680,358 $0 $10,680,358 $1,682,353 $163,004
French Lick BetRivers $7,057,675 $6,265,969 $791,706 $570,489 $52,692
Blue Chip FanDuel $6,927,143 $2,373,840 $4,553,303 $938,834 $85,816
Hollywood Lawrenceburg $6,925,496 $0 $6,925,496 $843,970 $105,171
Harrah's Hoosier Park $6,158,917 $0 $6,158,917 $974,467 $100,089
Indiana Grand $3,763,184 $0 $3,763,184 $516,140 $48,045
Tropicana Evansville $1,962,816 $0 $1,962,816 $324,200 $34,938
Caesars Southern Indiana $1,240,408 $0 $1,240,408 $128,192 $14,330
Belterra $812,130 $0 $812,130 $150,692 $14,641
Total $91,697,395 $48,014,320 43,683,075 $10,629,476 $1,096,160
September 2019
Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Horseshoe Hammond $8,980,989 -- $8,980,989 $1,977,650 $197,640
Ameristar East Chicago $5,411,479 -- $5,411,479 $1,312,224 $121,211
Hollywood Lawrenceburg $5,227,776 -- $5,227,776 $1,207,013 $117,401
Harrah's Hoosier Park $4,334,908 -- $4,334,908 $1,246,612 $123,406
Blue Chip $3,870,797 -- $3,870,797 $921,481 $90,960
Indiana Grand $3,621,628 -- $3,621,628 $738,314 $72,666
Tropicana Evansville $1,067,650 -- $1,067,650 $298,958 $28,617
Caesars Southern Indiana $1,051,750 -- $1,051,750 $293,330 $27,868
French Lick $939,222 -- $939,222 $157,608 $20,665
Belterra $709,219 -- $709,219 $131,672 $12,668
Total $35,215,418 -- $35,215,418 $8,284,862 $813,102
Initial Sports Betting Revenue Projections
The IGC hired Eilers & Krejcik Gaming
The report forecasted retail and mobile sports betting revenue and the economic impact of sports betting on the state. The report analyzed several factors to formulate the projections, including:
Various gaming markets, both domestic and international
The regulated gambling market in Indiana
Indiana’s current economy
Survey of area residents
Additionally, the projections assume the following from bill H1325 from the 2018 legislative session:
Licenses limited to the 13 Indiana commercial casinos
Retail and mobile betting would be available
There would be an initial license fee of $75,000, plus a $5,000 annual administrative fee
Online sportsbooks would pay a $10,000 initial license fee plus a $5,000 annual fees
A flat 9.25% tax rate on gross sports betting revenue
Most of what was in the original bill made it to the final version and ultimately to the sports betting regulations.
There is one significant difference in the licensing fees, however. There is an initial $100,000 license fee with a required $50,000 annual renewal payment. The tax rate was fixed at 9.5%.
The projections for the first five years of Indiana sports betting:
The predictions account for market maturity in Year 3 and sports betting to be legalized in neighboring states soon. Legalization in neighboring states is important because Indiana is likely to draw out-of-state bettors across state lines to place bets. The impact of that increases with the growth of mobile sports betting.
Luckily for Indiana, a retail-only sports betting market isn’t realistic. The report indicated that a retail-only market would peak after three years and only earn 46% of the combined retail and mobile betting market. The state has taken the advice to heart, offering a growing number of Indiana online betting options .
