The Indiana Gaming Commission reported $30.5 million in adjusted gross sports betting revenue for June on Friday as the Hoosier State’s 12 mobile sportsbooks kicked off summer in solid fashion.
Operator winnings surged 56.8% compared to last June, while the $298.2 million in handle represented a 33.1% increase. While the IGC does not break out basketball handle by league, the $33.3 million wagered was up 38.3% as Indiana Fever star guard and 2024 No. 1 overall pick Caitlin Clark continues to draw bettors and attention.
The 21.8% decline in revenue from May was slightly steeper than the 17.5% dip in handle, as the collective 10.2% hold was more than one-half of a percentage point lower. Indiana also became the eighth state to surpass $17 billion in all-time handle, with the $2.44 billion wagered in the first half of the year up 19.5% from 2023.
Sportsbooks statewide attained double-digit win rates in back-to-back months since last September and October. The 9.7% hold spanning the first six months of the year is almost one-half of a percentage point higher than last year and nearly one full percentage point higher than the all-time hold of 8.8%.