November proven to follow another enter month for sports betting inwards Indiana.

Buoyed past the commence of the college basketball game season, the retail sportsbooks and online apps generated a palm of $463.7 1000000 for the month, according to figures from the Hoosier State Gaming Commission. It marked the 3rd square month the province circle a tape handle, drubbing October’s handle by nigh $2.6 million.

Football was ease the No. 1 sport, according to an unaudited grip partitioning provided by the IGC. But the $136.3 billion wagered inward November was mastered nearly 22.5 percent from the $175.8 meg play on college and pro football games the month before. One thing that helped boost October’s handgrip was the fact thither were cinque weekends of football games that month, compared to IV for November.

But as football game dropped, hoops shaft up from $53.5 1000000 inward Oct to $132.1 one thousand thousand cobbler's last month. That represented an increment of most 147 percent.

November a Winning Month as Revenues Rise Sharply

While the grip increased past to a lesser extent than 1 percent from Oct to November, nonexempt familiarised receipts revenue (AGR) skyrocketed by $20 million. The $47.7 jillion earned past the sportsbooks represented a 72.2 percent jumping from October.

Speaking at the Canaccord Genuity Digital Gaming Summit deuce weeks ago, DraftKings Co-Founder and CEO Jason Robins noted that nationally, October’s NFL games were rattling serious for bettors.

November has been reported in public to live a very warm month for books on the whole side, and October was a record book depression month sledding into the last week,” he said. “So, it’s just now kind of the right smart it works. It swings both ways, and over the row of time, it all evens out.”

DraftKings has been the leader inwards IN in terms of hold since online gaming started at that place in Oct 2019. Last month, the sports betting app generated a palm of $166.2 million, with revenues totaling $12.6 million. The company’s palm roseate past $14.5 million and revenues rose past $4.8 million.

FanDuel saw its hold plunge to $109.8 one thousand thousand inwards Nov from $113.3 gazillion the month before. However, it ease generated the to the highest degree revenue. At $15.6 million, FanDuel’s profits rosebush by more than 69 percent from October’s $9.2 million.

The $47.7 million inwards sportsbook revenues translated to $4.5 one thousand thousand inward wagering taxes for Indiana.

Hard John Rock Continues Its Roll as Leading Casino

On the gambling casino side, the IGC’s monthly account shows that Indiana’s newest casino again the upside victor among the dozen gaming venues.

Thanks to warm table play, Hard Rock Northern Indiana reported an AGR of almost $29.4 billion for November. The Gary casino’s add up vanquish Horseshoe Hammond past to a lesser extent than $340,000.

Hard Rock’s $9.2 1000000 in winnings from tabularise games was the topper inward the state, spell Horseshoe’s $22.3 one thousand thousand inward revenues from slots and other electronic games ranked first of all among the casinos

The 12 casinos crossways the say reported a combined AGR of $184.2 million for November, cut down from the $201.9 trillion they posted inwards October.