Indiana sports betting revenue Oct 2019
Industry Updates

Indiana Sports Betting Revenue Soars in October with Mobile Launch

The first mobile sportsbooks launched last month in Indiana and are already having an outsized impact on sports betting revenue.

The Indiana Gaming Commission released its October gaming revenue report this morning, and the figures show significant month-over-month growth bolstered by the launch of mobile betting.

First Month’s Mobile Sports Betting Revenue Reported

Three mobile sportsbooks were active in Indiana in October. DraftKings and BetRivers had nearly a whole month to acquire customers and collect wagers having launched on October 3rd while FanDuel had less time having launched October 21st.

Still, all three mobile sportsbooks put up impressive first month numbers. DraftKings’s mobile sportsbook alone beat every other mobile and retail provider in the state for total betting handle.

Mobile Sportsbook October Handle October Gross Receipts
DraftKings $39,374,511 $3,491,063
BetRivers $6,265,969 $496,744
FanDuel $2,373,840 $197,786
Total $48,014,320 $4,185,593

Retail + Mobile Handle

The first Indiana retail sportsbooks launched on September 3rd and got off to a solid start as well with Horseshoe Hammond leading the pack for Indiana’s first nearly full month of legal sports betting.

A full month in October saw revenue increase across the board, but the introduction of mobile betting had the biggest impact for operators partnered with one of the state’s three active betting apps.

Ameristar East Chicago was the big winner last month in terms of total handle and growth. The sportsbook at Ameristar opened on September 1st and had a full month of retail betting followed by the launch of DraftKings Mobile on October 3rd.

Sportsbook / Mobile Provider September Handle October Handle % Change
Ameristar East Chicago / DraftKings1 $5,411,479 $46,169,268 753%
French Lick Resort / BetRivers2 $939,222 $7,057,675 651%
Blue Chip Casino / FanDuel3 $3,870,797 $6,927,143 79%
Belterra Casino $709,219 $812,130 15%
Caesars Southern Indiana $1,051,750 $1,240,408 18%
Harrah’s Hoosier Park* $4,334,907 $6,158,916 42%
Hollywood Lawrenceburg $5,227,776 $6,925,496 32%
Horseshoe Hammond $8,980,989 $10,680,358 19%
Indiana Grand** $3,621,627 $3,763,183 4%
Majestic Star $0 $0 N/A
Majestic Star II $0 $0 N/A
Rising Star Casino $0 $0 N/A
Tropicana Evansville $1,067,650 $1,962,816 84%
Total $35,215,416 $91,697,393 160%

1DraftKings Mobile launched October 3rd

2BetRivers Mobile launched October 3rd

3FanDuel Mobile launched October 21st

*Includes handle from OTBs in Indianapolis and New Haven

**Includes handle from OTB in Clarksville

Most Popular Types of Wagers in Indiana

Football unsurprisingly clocked the lion’s share of Indiana sports betting handle with more than $40 million worth of wagers placed in October. Parlay wagers came in a strong second place with more than $20 million in handle for the month.

Here’s how sports betting handle by type of wager broke down from month to month.

Type of Wager September October Year to Date
Football $20,730,608 $41,052,776 $63,563,030
Basketball $120,101 $6,212,423 $6,331,366
Baseball $3,443,545 $10,456,032 $14,053,778
Parlay $9,773,983 $20,375,177 $32,435,670
Other $449,108 $12,342,586 $12,846,854

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