The Indiana Gaming Commission established a new sports wagering handle benchmark in December, with betting earnings exceeding the previous year’s figures by more than double.

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Indiana Establishes New Sports Wagering Handle Benchmark in December
The state’s modified gross income for the month was $24.3 million, a 102.5% increase from $12 million in December 2019, but a decrease from the record $25.3 million in November 2020.

Participants placed a total of $313.1 million in bets, a 93.5% increase from the same month in 2019 and also a 24.5% increase from the monthly record of $251.4 million set in November.

The commission also observed that the state collected $2.3 million in taxes from sports wagering activity in December, more than twice the $1.1 million collected in December 2019.

Football was the most popular betting sport among consumers in the state, with a total of $101.8 million wagered in the month. Basketball followed in second place with $89.7 million in wagers, significantly ahead of baseball’s $19,923.

Read the complete report on iGB North America.

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This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.

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