Spring is the slow season for sports betting, but this year it could be a signal Indiana sports betting growth is plateauing.
Indiana sportsbooks took $256.3 million in June bets, according to an Indiana Gaming Commission report released Tuesday. Along with the 29% dip from May, the total handle is a mere 4% increase compared to June 2021.
It is the third June for Indiana sports betting, which launched in September 2019. Combined with its maturation, Indiana also could be losing bets to the surging Illinois sports betting market which saw its in-person registration requirement expire in March.
The all-time Indiana handle record was $500.1 million in January 2022.