Indiana Sports Betting Strong with Mobile Play in November

Sun, Dec 15, 2019

November statistics show Indiana producing strong sports betting results, thanks in large part to mobile betting. Handle increased more than 60 percent from October. The take was helped by lack of sports betting in neighboring states of Ohio and Illinois.

Mobile Indiana sports betting propelled the state’s strongest month to date in November.

Sports betting handle in Indiana jumped 60.6 percent to $147.3 million in compared to October. DraftKings sportsbook took $64.1 million in bets last month to keep the top mobile operator spot from October despite FanDuel sportsbook‘s first full month. FanDuel came in second with $23.7 million in handle. BetRivers finished with $8.4 million in handle to rank third out of Indiana sports betting’s three mobile operators.

Mobile bets accounted for $96.2 million in handle, or 65.3 percent of Indiana’s total handle last month. That’s up from 52.4 percent in October but still a bit shy of the more than 80 percent share found in New Jersey or Pennsylvania.

Those states followed a similar trajectory to what is happening in Indiana. Mobile share grew steadily over the first few months of legal sports betting to reach more than four out of every five wagers today. Indiana sports betting revenue was $9.3 million, according to Legal Sports Report.

That sports betting still isn’t live in Illinois has aided the figures for Indiana. Horseshoe Hammond, less than 20 miles from downtown Chicago, took the top spot for retail handle with $13 million. The Caesars-owned casino is reaping the benefits of the NFL season as Illinois remains on the sideline.

The Penn National-owned Ameristar East Chicago, again ranked third in retail handle with $8 million. Ameristar, DraftKings sportsbook partner, was the top casino overall for handle.

The Cincinnati market’s appetite for sports betting can still be felt at Penn National’s Hollywood Lawrenceburg. The casino, located a half-hour from downtown Cincinnati, took $8.8 million in retail handle to rank second in Indiana.

Football drew the most bettors, thanks to passionate fan bases of the Chicago Bears, Indianapolis Colts and plenty of colleges. The fans placed $57.7 million in bets on football in Indiana last month, up 40.7 percent from October’s total.

Parlay betting was second with $38.7 million while basketball ranked third at $33.6 million.

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