Indiana Sports Betting Revenue And Handle Surge In April
Indiana Sports Betting Revenue And Handle Surge In April

The Indiana Gaming Commission reported adjusted gross sports betting revenue of $37.1 million for April on Friday, a year-over-year increase of 26%.

Hoosier State operators finished with a 9.4% hold on adjusted revenue, which included close to $2 million in downward adjustments. The year-to-date sportsbook winnings of $168 million are up 23.1% compared to the first four months of 2023, with the 9.4% win rate an increase of more than one-half of a percentage point.

Handle totaled $393.9 million, up 21.9% compared to last year, and the $1.78 billion in accepted wagers in 2024 is 16% higher than January through April of last year. The state collected $3.5 million in taxes, and the nearly $16 million in receipts for 2024 is $2.8 million more than the same span in 2023.

FanDuel tops in revenue, DraftKings leads handle