January’s total eclipses the previous record of $463.7m set in November 2021, in addition to representing a 43.5% increase on the same month in 2021. January’s handle was also a 7.6% increase compared to the previous month.
Basketball proved to be the most popular sport to bet on, with customers wagering $192.4m. Parlay bets followed with $122.6m, while American football attracted $118.3m in wagers.
In terms of adjusted gross revenue (AGR), Indiana’s total came to $35.6m for January – up 21.5% from 2021, but below the record high set in November.
Blue Chip Casino and its FanDuel-operated sportsbook continued to have the highest AGR of $12.2m from a handle of $127.2m. The DraftKings-partnered Ameristar Casino came next with $11.2m despite bringing in a higher handle of $168.9m.
Belterra Casino, another user of FanDuel’s sportsbook, had AGR of $5.0m from $55.5m handle. Hollywood Lawrenceburg and its Barstool sportsbook generated $1.9m in revenue from $48.1m in wagers.
Indiana also collected $3.4m in sports betting tax for January, up from $2.8m the previous year.
Original article: https://igamingbusiness.com/indiana-breaks-sports-betting-handle-record-in-january/
