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In Indiana, Sports Betting Revenue Increased in October 2019

According to the report of the Indiana Gaming Commission, sports betting revenues almost tripled during the second month compared to the first, after the opening. They were $ 91.7 million in total during October in the state, compared to the $ 34.5 million entered in September.

In mobile bets, revenues totaled $ 48 million in October, while in sports betting, through windows or casino kiosks, entered $ 43.7 million. Indiana collected about $ 1 million in taxes on the game in the second month. In contrast, in the first month the collection for legal sports betting was $ 800,000.

The sport that obtained the greatest amount of bets per individual sport was football with revenues exceeding $ 41 million. In the second place of the bets, baseball was placed with almost $ 10.5 million.

A little more than half of the sports bets in the state during the month of October were made through Ameristar in eastern Chicago. This casino was one of the pioneers in launching mobile sports betting by partnering with DraftKings. Casino bets totaled $ 46.2 million; of which, $ 39.4 million was made through mobile devices.

Jeff Morris, a spokesman for Penn National Gaming, the company that owns Ameristar, said he was not authorized to discuss the performance of the casino’s new bookmaker, but said he “has pleased us so far.”

The vice president and deputy general manager of Hammond Horseshoe Casino, Noah Hirsch, said for his part that the casino currently works with Caesars Entertainment, its parent company, with the aim of bringing customers a mobile betting application.

Hirsch said the company’s guests

“are anxious for that and we are definitely encouraged by the numbers that mobile phones are registering in Indiana. We definitely also want to have a piece of that.”

Source: https://europeangaming.eu/portal/latest-news/2019/11/19/58838/indiana-sports-betting-revenue-surges-in-october-2019/

About the author

Santiago Contreras

Santiago Contreras

I am a professional journalist dedicated to tracking news related to the stock market, business, finance, blockchain and economics. It is a hobby that I share with sports in general, with special attention to tennis, basketball and soccer. I like to offer our readers relevant, entertaining and useful content to help them inform themselves and make decisions every day. Thanks for reading me!

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