$35 Million Wagered on Sports in Indiana During First Month

The state of Indiana's first month offering legal sportsbetting generated $35.2 million in wagers, with revenues reaching $8.6 million.

The ability to wager on sports started on September 1st, and football was the most popular sport to put wagers on. The sport had $20.7 million wagered on the activity, with baseball making up $3.4 million. Parlay bets featuring a variety of different sports and such made up $9.8 million.

Indiana hauled in $813,103 in tax revenues from the revenues for the initial period.

The Horseshoe Hammond was the lead venue for bets, with $9.0 million in wagers, while hauling in revenues of $2.1 million.

The Hoosier State is the latest to launch legal sportsbetting following the Supreme Court's decision to toss out PASPA, which had banned the activity in all but a few states. Several locations have seen millions of dollars in revenues coming in as a result.

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bgsharpe
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14 October 2019 - 12:59pm
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Quite a numbers there and I guess with NFL and college football seasons getting into their most exiting part the results in Indiana would just grow even further in the next couple of months.

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