The Indiana Gaming Commission reported sports wagering revenue totaling $20.9 million for July, as operators posted a double-digit hold for just the seventh time since launch in August 2019.
The revenue figure represented a 32.5% increase from May’s year-low $15.8 million, as operator win rate spiked nearly four full percentage points. The 10.1% win rate marked the first time Indiana reported a hold of 10% or higher since a 10.3% mark last November that fueled a record $47.7 million monthly revenue haul.
The slower summer months, though, dulled some of the impact of operators doing well. The $206.6 million handle is the lowest in the Hoosier State since July 2021, when the $194.5 million generated was also the last time the state finished below $200 million. Indiana sportsbooks have accepted $2.5 billion in wagers through the first seven months of 2022 and more than $8.5 billion overall.