Indiana News

Football Boosts Indiana Sports Betting Amid Steady Decline

(Source: https://goo.gl/jSJiPY License: https://goo.gl/VAhsB)

INDIANAPOLIS, Ind. (WOWO):  Sports Betting across Indiana saw a nice boost at the start of football season, but overall revenues are continuing to decline.  Indiana’s casinos reported a seventh-consecutive month of year-over-year revenue declines in September, according to analysts at PlayIndiana.com. However, the return of the NFL marked a sharp increase in the number of sports wagers placed throughout the state.

According to Inside Indiana Business, the state’s overall casino revenue totaled just under $182 million last month, marking another low point for 2023 and 5.4% lower from the same month last year. Meanwhile, Indiana’s sportsbooks saw $404 million in wagers last month, a 70% jump over the previous month. The revenue created through those wagers generated nearly $4 million in taxes for the state.

Related posts

Purdue Experts say Grain Crop Prospects Continue to Fade

WOWO News

ISU Working On Policy To Avoid Penn State Type Scandal

WOWO News

Mistrial declared in Indianapolis murder-for-hire case

AP News

Leave a Comment