Machibet777 LoginIndiana Collects $298.2 Million Sports Betting Handle in June

Indiana Fever forward Aliyah Boston rushes up the court as we look at Indiana's sports betting financials for June 2024. — Indiana Fever forward Aliyah Boston rushes up the court during the game at Gainbridge Fieldhouse in Indianapolis. Photo by: Grace Hollars/Indy Star/USA TODAY Network.

The Indiana Gaming Commission (IGC) has released its sports betting figures for June 2024, and our best sports betting sites are showing some year-over-year growth in the Hoosier State.

The revealed that $298.2 million was wagered during the month. This figure represents a 33.1% increase from last June when the Indiana sports betting scene collected $224.1 million in wagers. With these latest figures added, Indiana has become the eighth state to surpass $17 billion in all-time handle.

More details

Following payouts on winning wagers, Adjusted Gross Revenue (AGR) for June came in at $30.5 million. Compared to last June's $19.5 million, AGR was up 56.8%. However, against May, AGR was down 21.8%, and handle dipped 17.5%. It was a month-over-month dip for Indiana sports betting apps.

DraftKings (Ameristar Casino) reported the highest handle of $114.1 million, followed by FanDuel (Blue Chip Casino) with $83.9 million. However, FanDuel led the way in terms of AGR, with $11.8 million, compared to DraftKings' $10.0 million. BetMGM (Belterra Casino) took third place, reporting $28.7 million in handle and $3.3 million in AGR. That trio of operators combine to make some of the most enticing Indiana sportsbook promos.

Breakdowns

The IGC report also detailed the handle by sport, which revealed that $83.5 million was wagered on baseball in June, followed by $33.3 million in basketball bets, and football accounting for $2.7 million. The “Other” category totaled $90.5 million and $88.1 million came from parlay bets.

The IGC is responsible for regulating all gambling activities at the 13 riverboat casinos and 12 mobile sportsbooks in Indiana. It publishes its monthly revenue reports between the 10th and 13th of each month.

Written By:
Ziv Chen

Ziv has over two decades of experience in the igaming and sports betting industry, having served in senior marketing and business development positions with both B2C and B2B companies, including Playtech and Microgaming. In 2019, Ziv decided to pursue his passion for writing and became a fulltime industry journalist, covering casino, sports, and gambling business news. He’s specialties include casino games and technology, US state gambling regulation, company performance, as well as gambling affiliates and marketing. As a Pitt graduate, Ziv is a diehard fan of all Pittsburgh sports teams, with the Steelers at the top of the list. In his free time, he enjoys reading crime fiction, biographies (mainly of sports personalities, but not only) and American history. Ziv’s Favorite quote: “We're going to pursue perfection, knowing full well we won't catch it, but we're going to relentlessly chase it," Mike Tomlin, Pittsburgh Steelers Head Coach.