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Indiana sports gambling hits new high in October

The Indiana Gaming Commission says the June 2021 handle for Indiana sports books dipped to $246 million. (photo courtesy: IIB)

INDIANAPOLIS (Inside INdiana Business) — With more routine NFL and college football schedules in place, Indiana’s legalized sports gambling industry returned to a more normal pace in terms of wagering.

The Indiana sportsbook measured $230 million last month, according to data from the Indiana Gaming Commission.

Gaming analysts say the sector saw new highs in revenue and handle as colleges and professional teams played a more normal sports schedule, despite the COVID-limits of fans in the stands.

“With a schedule that was more comparable to an ordinary October, Indiana’s sportsbooks fared well and offered a clearer read on where Indiana’s market stands,” said Dustin Gouker, lead analyst for “Interest in the Indianapolis Colts, Indiana University, and Notre Dame is helping as the state transitions from a market that relies on Chicago to one that is more reliant on local bettors.”

The previous one-month high was $207 million, which was hit in September. Analysts say the October handle is up more than 150% from October 2019’s level of $92 million.

The month’s revenue yielded $2 million in taxes in October.

“Indiana saw another record-breaking handle in October thanks to the NBA Finals, World Series and the return of Big Ten football happening simultaneously. October was a great month for sportsbooks who performed extremely well, meaning record-breaking revenue for the state,” said Max Bischel, group vice president of U.S. business for

Online betting accounted for 84% of sports wagering with the reminder occurring at casinos. Bischel says overall October casino revenue in Indiana registered nearly $150 million, down 1.9% from September.

“While casinos haven’t quite returned to pre-pandemic numbers, sports betting taxes continue to climb,” said Bischel.