Indiana became the fifth state in U.S. history to surpass $300 million in bets in a month in December, ending 2020 with fourth consecutive record months, more than $1.75 billion in bets, and passing $2 billion in lifetime wagers, according to analysts from PlayIndiana.
Indiana sportsbooks took in $313.1 million in December, according to official reporting released Tuesday. December’s wagers were up 93.5% from $161.8 million in December 2019 while shattering the previous handle record of $251.4 million set in November.
December’s wagers generated $24.1 million in adjusted gross operator revenue, according to PlayIndiana’s own tabulations, nearly doubling the $12.1 million set in December 2019. The month’s bets yielded $2.3 million in state taxes.
For the year, Indiana’s retail and online sportsbooks produced:
- $1.8 billion in bets. That includes $1.5 billion in online wagering and $295.1 million in bets through retail sportsbooks.
- $138.4 million in gross operator revenue.
- $13.2 million in state taxes.
Since launching in October 2019, Indiana’s sportsbooks have produced $2.2 billion in wagers.
Online betting generated 84% of December’s handle, or $263.1 million, which was down slightly from 85% in November. Market leader DraftKings/Ameristar Casino took in $112.7 million in bets, up from $95.2 million. Those bets produced $5.1 million in gross receipts, down from $7 million in October.