Indiana Sports Betting Revenue

Each month, the Indiana Gaming Commission (IGC) publishes a detailed revenue report covering all gambling activities. Since October 2019, this report has included data on sports betting, in addition to traditional metrics for slot machines and table games.

Licensed sportsbooks in Indiana must report the following statistics:

  • Total Amount of Wagers: The cumulative value of all bets accepted.
  • Revenue: The net earnings of sportsbooks after payouts to winners.
  • State Tax: A tax rate of 9.5% is applied to adjusted revenues, which sportsbooks are required to pay to the state.

Indiana Sports Betting Statistics Throughout History

10929716120
Dollars of sports wagers

Total sports betting handle in IN history

908512175
Dollars of sports betting revenue

Total sports betting revenue in IN history

86447758
Tax dollars for the state

Total sports betting taxes to date for IN

Total Lifetime in Sports Betting

Last updated: March 6, 2023

Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings $3,934,232,093 $276,097,848 7.0% $26,266,797
Blue Chip FanDuel $3,055,527,135 $297,585,781 9.7% $28,271,226
Belterra BetMGM | Betway $1,149,059,445 $106,323,103 9.3% $10,101,116
Hollywood Lawrenceburg PointsBet | Barstool $916,033,840 $84,767,571 9.3% $8,062,241
Harrah’s Hoosier Park Caesars $653,437,849 $33,162,734 5.1% $3,122,980
French Lick BetRivers $370,161,539 $24,074,081 6.5% $2,294,150
Horseshoe Hammond Unibet $258,370,599 $23,868,151 9.2% $2,273,289
Bally’s Evansville Bally Bet $133,902,885 $13,837,563 10.3% $1,317,126
Winners Circle Clarksville $105,193,361 $14,899,587 14.2% $1,493,125
Caesars Southern Indiana $81,221,430 $7,916,868 9.7% $758,470
Rising Star WynnBet | SBK $77,828,992 $4,675,684 6.0% $459,450
Winners Circle Indianapolis $69,562,797 $8,482,591 12.2% $834,885
Horseshoe Indianapolis $45,499,522 $4,696,924 10.3% $416,454
Hard Rock Northern Indiana $41,269,223 $4,277,822 10.4% $406,410
Winners Circle New Haven $38,415,411 $3,845,869 10.0% $370,040
Total $10,929,716,120 $908,512,175 8.3% $86,447,758

Monthly Sportsbook Revenue Analysis

Indiana Sports Betting

Indiana Sportsbooks Have Taken A Hit From Ohio, But All Is Not Lost

May 18, 2023

The Indiana sports betting market has faced anticipated challenges following Ohio’s recent launch nearby, yet the Hoosier State remains resilient and steadfast in its position.

Indiana Sports Betting Revenue

Indiana Sportsbooks Confirm Expected Revenue Drop In April

May 12, 2023

Indiana sports betting experienced a downturn at the beginning of 2023, and this trend persisted into April, with total bets amounting to $321.4 million, marking a 25.8% decrease from March.

Indiana sports betting

March Madness Propels Indiana Sports Betting To $432 Million In Bets

April 12, 2023

Basketball played a significant role in Indiana’s March sports betting activity, accounting for a substantial portion of the $432 million total. This surge was largely driven by betting on March Madness, highlighting the tournament’s impact on the state’s betting landscape.

Monthly Sports Betting Revenue Reports

January 2023

Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings $143,162,382 $9,533,468 6.7% $972,954
Blue Chip FanDuel $142,932,176 $17,582,392 12.3% $1,670,328
Belterra BetMGM | Betway $39,259,629 $3,410,157 8.7% $323,965
Harrah’s Hoosier Park Caesars $34,701,287 $1,324,100 3.8% $133,790
Hollywood Lawrenceburg PointsBet | Barstool $28,120,461 $199,890 0.7% $23,527
French Lick BetRivers $13,576,148 $529,025 3.9% $56,580
Hard Rock Northern Indiana Hard Rock $6,766,337 $761,097 11.2% $72,306
Caesars Southern Indiana $4,323,299 $1,026,122 23.7% $101,975
Horseshoe Hammond Unibet $3,610,913 $131,476 3.6% $18,637
Winners Circle Clarksville $3,383,730 $490,824 14.5% $52,918
Rising Star WynnBet | SBK $2,757,435 $23,952 0.9% $0
Winners Circle Indianapolis $1,476,844 $30,137 2.0% $3,045
Bally’s Evansville Bally Bet $1,402,602 $193,486 13.8% $21,755
Horseshoe Indianapolis $862,292 $79,888 9.3% $8,613
Winners Circle New Haven $819,259 $31,139 3.8% $3,146
Total $427,154,794 $35,347,154 8.3% $3,463,540

Historical Data in Sports Betting

December 2022

Licensee Online Brand(s) Handle Revenue Hold Taxes
Blue Chip FanDuel $138,297,282 $15,959,476 11.5% $1,516,213
Ameristar East Chicago DraftKings $137,626,702 $12,719,388 9.2% $1,208,356
Belterra BetMGM | Betway $42,772,656 $5,056,019 11.8% $480,322
Hollywood Lawrenceburg PointsBet | Barstool $42,682,441 $3,181,265 7.5% $287,083
Harrah’s Hoosier Park Caesars $31,942,600 $2,507,881 7.9% $238,238
French Lick BetRivers $13,346,493 $615,091 4.6% $58,454
Hard Rock Northern Indiana Hard Rock $8,202,660 $902,755 11.0% $80,492
Winners Circle Clarksville $3,609,261 $872,238 24.2% $81,784
Horseshoe Hammond Unibet $2,891,012 $373,016 12.9% $32,908
Caesars Southern Indiana $2,828,760 $471,137 16.7% $0
Rising Star WynnBet | SBK $2,571,855 $52,349 2.0% $0
Winners Circle Indianapolis $1,343,722 $215,908 16.1% $20,510
Bally’s Evansville Bally Bet $1,308,961 $291,310 22.3% $22,660
Horseshoe Indianapolis $1,206,102 $163,012 13.5% $15,285
Winners Circle New Haven $792,668 $174,296 22.0% $16,557
Total $431,423,176 $43,555,139 10.1% $4,058,864

November 2022

Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings $148,446,424 $9,825,328 6.6% $933,410
Blue Chip FanDuel $141,573,896 $18,415,966 13.0% $1,712,460
Belterra BetMGM | Betway $45,266,415 $4,905,942 10.8% $466,065
Hollywood Lawrenceburg PointsBet | Barstool $39,917,377 $2,919,030 7.3% $266,432
Harrah’s Hoosier Park Caesars | MaximBet $37,238,737 $1,395,422 3.7% $132,583
French Lick BetRivers $15,288,632 $934,954 6.1% $88,008
Hard Rock Northern Indiana Hard Rock $6,360,488 $598,743 9.4% $60,503
Winners Circle Clarksville $3,913,798 $665,458 17.0% $64,667
Rising Star WynnBet | SBK $3,806,307 -$130,094 -3.4% $985
Caesars Southern Indiana $2,897,762 -$15,763 -0.5% $0
Horseshoe Hammond Unibet $2,580,270 $340,272 13.2% $34,856
Horseshoe Indianapolis $1,419,896 -$32,952 -2.3% -$3,202
Bally’s Evansville Bally Bet $1,412,645 $72,386 5.1% $11,817
Winners Circle Indianapolis $1,166,945 $182,065 15.6% $17,298
Winners Circle New Haven $1,029,362 $120,519 11.7% $11,451
$452,318,954 $40,197,276 8.9% $3,797,331

October 2022

Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings $153,319,262 $12,733,646 8.3% $1,209,720
Blue Chip FanDuel $135,737,691 $18,199,140 13.4% $1,765,976
Belterra BetMGM | Betway $44,362,882 $4,657,709 10.5% $442,483
Hollywood Lawrenceburg PointsBet | Barstool $36,573,812 $3,778,902 10.3% $385,166
Harrah’s Hoosier Park Caesars | MaximBet $34,312,847 $2,754,772 8.0% $261,711
French Lick BetRivers $11,817,948 $641,374 5.4% $61,798
Hard Rock Northern Indiana Hard Rock $10,052,019 $739,030 7.4% $71,855
Rising Star WynnBet | SBK $4,148,042 $613,078 14.8% $65,412
Winners Circle Clarksville $3,750,986 $737,008 19.6% $70,042
Caesars Southern Indiana $3,739,932 $230,715 6.2% $0
Horseshoe Hammond Unibet $2,982,563 $476,923 16.0% $45,308
Bally’s Evansville Caesars | Bally Bet $2,164,372 $162,867 7.5% $15,581
Winners Circle Indianapolis $1,222,738 $261,907 21.4% $24,882
Horseshoe Indianapolis $1,137,333 $256,913 22.6% $24,416
Winners Circle New Haven $925,966 $149,940 16.2% $14,245
Total $446,248,394 $46,393,925 10.4% $4,458,595

September 2022

Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings $134,013,885 $14,241,916 10.6% $1,353,054
Blue Chip FanDuel $108,513,961 $16,664,586 15.4% $1,583,136
Belterra BetMGM | Betway $39,150,615 $5,466,707 14.0% $519,337
Hollywood Lawrenceburg PointsBet | Barstool $32,485,121 $5,758,317 17.7% $547,123
Harrah’s Hoosier Park Caesars | MaximBet $30,589,494 $3,551,681 11.6% $337,408
French Lick BetRivers $9,279,709 $969,598 10.4% $92,011
Hard Rock Northern Indiana Hard Rock $7,824,833 $1,202,792 15.4% $112,959
Horseshoe Hammond Unibet $6,042,497 $620,895 10.3% $58,989
Winners Circle Clarksville $3,373,606 $770,915 22.9% $73,405
Rising Star WynnBet | SBK $3,264,770 $188,572 5.8% $19,646
Caesars Southern Indiana $3,051,646 $49,846 1.6% $63,062
Winners Circle Indianapolis $1,384,998 $339,116 24.5% $32,216
Bally’s Evansville Bally Bet $1,382,935 $319,892 23.1% $30,399
Horseshoe Indianapolis $1,279,828 $225,994 17.7% $21,519
Winners Circle New Haven $869,192 $180,919 20.8% $17,187
Total $382,507,090 $50,551,749 13.2% $4,861,450

August 2022

Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings $73,292,288 $7,449,861 10.2% $685,916
Blue Chip FanDuel $69,890,850 $8,254,272 11.8% $783,636
Belterra BetMGM | Betway $28,065,416 $3,550,485 12.7% $327,240
Harrah’s Hoosier Park Caesars $20,106,515 $1,707,190 8.5% $154,583
Hollywood Lawrenceburg PointsBet | Barstool $19,454,576 $2,697,003 13.9% $252,398
Horseshoe Hammond Unibet $7,519,864 $367,046 4.9% $28,540
French Lick BetRivers $7,160,920 $662,812 9.3% $60,973
Caesars Southern Indiana $3,538,270 $348,599 9.9% $39,982
Rising Star WynnBet | SBK $2,465,854 $166,974 6.8% $15,864
Winners Circle Clarksville $1,940,345 $343,983 17.7% $32,620
Horseshoe Indianapolis $1,562,984 $49,092 3.1% $4,655
Bally’s Evansville Bally Bet $963,760 $99,067 10.3% $7,347
Winners Circle Indianapolis $851,357 $190,313 22.4% $17,232
Winners Circle New Haven $602,817 $65,292 10.8% $5,912
Hard Rock Northern Indiana $574,361 $26,259 4.6% $687
Total $237,990,176 $25,978,248 10.9% $2,417,586

July 2022

Licensee Online Brand(s) Handle Revenue Hold Taxes
Blue Chip FanDuel $61,746,573 $7,370,450 11.9% $700,712
Ameristar East Chicago DraftKings $61,277,539 $4,731,834 7.7% $471,385
Belterra BetMGM | Betway $26,337,135 $3,004,823 11.4% $295,518
Harrah’s Hoosier Park Caesars $20,327,213 $1,623,413 8.0% $157,849
Hollywood Lawrenceburg PointsBet | Barstool $14,951,923 $1,870,465 12.5% $181,575
French Lick BetRivers $7,284,444 $485,007 6.7% $48,231
Horseshoe Hammond Unibet $6,869,939 $535,537 7.8% $52,762
Rising Star WynnBet | SBK $2,163,432 $142,406 6.6% $11,162
Winners Circle Clarksville $1,601,571 $286,085 17.9% $27,263
Winners Circle Indianapolis $963,741 $70,340 7.3% $6,839
Bally’s Evansville Bally Bet $796,631 $140,664 17.7% $14,161
Horseshoe Indianapolis $716,295 $129,114 18.0% $12,304
Caesars Southern Indiana $683,408 $66,633 9.8% $0
Winners Circle New Haven $468,521 $56,592 12.1% $5,503
Hard Rock Northern Indiana $439,321 -$3,294 -0.7% $323
Total $206,627,688 $20,510,071 9.9% $1,985,587

June 2022

Licensee Online Brand(s) Handle Revenue Hold Taxes
Blue Chip FanDuel $79,657,689 $5,548,772 7.0% $527,133
Ameristar East Chicago DraftKings | theScore Bet $72,649,996 $3,514,652 4.8% $333,901
Belterra BetMGM | Betway $33,908,092 $3,164,490 9.3% $300,631
Harrah’s Hoosier Park Caesars $25,781,127 $769,328 3.0% $79,096
Hollywood Lawrenceburg PointsBet | Barstool $17,923,451 $1,377,287 7.7% $128,715
French Lick BetRivers $8,193,980 $523,202 6.4% $49,732
Horseshoe Hammond Caesars | Unibet $8,028,686 $532,036 6.6% $53,188
Rising Star WynnBet | SBK $2,720,954 $70,567 2.6% $5,101
Winners Circle Clarksville $1,834,346 $212,023 11.6% $21,006
Caesars Southern Indiana $1,178,091 -$64,448 -5.5% $523
Winners Circle Indianapolis $1,081,036 $71,484 6.6% $7,349
Winners Circle New Haven $1,060,563 -$231,262 -21.8% -$23,777
Bally’s Evansville Bally Bet $974,035 $104,697 10.7% $6,577
Horseshoe Indianapolis $703,395 $79,717 11.3% $7,898
Hard Rock Northern Indiana $611,818 -$18,961 -3.1% $692
Total $256,307,260 $15,653,583 6.1% $1,497,766

May 2022

Licensee Online Brand(s) Handle Revenue Hold Taxes
Blue Chip FanDuel $91,966,053 $12,640,717 13.7% $1,200,878
Ameristar East Chicago DraftKings | theScore Bet $87,608,865 $7,665,167 8.7% $694,534
Belterra BetMGM | Betway $41,215,725 $4,409,922 10.7% $386,077
Harrah’s Hoosier Park Caesars $31,195,482 $1,960,705 6.3% $162,931
Hollywood Lawrenceburg PointsBet | Barstool $23,622,459 $2,498,060 10.6% $229,592
French Lick BetRivers $11,227,057 $615,422 5.5% $57,358
Horseshoe Hammond Caesars | Unibet $9,330,498 $901,483 9.7% $84,631
Rising Star WynnBet | TwinSpires | SBK $3,608,061 $232,625 6.4% $15,159
Winners Circle Clarksville $2,761,702 $495,820 18.0% $34,958
Winners Circle New Haven $1,458,917 $556 0.0% $46
Caesars Southern Indiana $1,329,646 $124,512 9.4% $10,424
Winners Circle Indianapolis $1,294,451 $226,680 17.5% $18,837
Bally’s Evansville Bally Bet $983,576 $87,852 8.9% $8,999
Hard Rock Northern Indiana $437,384 $69,400 15.9% $6,593
Horseshoe Indianapolis $345,809 $22,544 6.5% $1,589
Total $308,385,687 $31,951,466 10.4% $2,912,607

April 2022

Licensee Online Brand(s) Handle Revenue Hold Taxes
Blue Chip FanDuel $112,437,291 $12,677,237 11.3% $1,204,337
Ameristar East Chicago DraftKings | theScore Bet $101,579,801 $6,719,330 6.6% $672,005
Belterra BetMGM | Betway $46,708,743 $2,999,979 6.4% $317,863
Harrah’s Hoosier Park Caesars $37,065,642 $1,314,765 3.5% $124,903
Hollywood Lawrenceburg PointsBet | Barstool $28,246,846 $2,070,327 7.3% $199,228
French Lick BetRivers $11,715,772 $532,561 4.5% $51,738
Horseshoe Hammond Unibet $9,233,457 $547,516 5.9% $45,383
Rising Star WynnBet | TwinSpires | SBK $4,135,295 -$37,564 -0.9% $6,661
Winners Circle Clarksville $2,740,048 $228,269 8.3% $22,039
Caesars Southern Indiana $1,908,743 $180,429 9.5% $20,106
Winners Circle Indianapolis $1,410,357 $257,817 18.3% $24,493
Winners Circle New Haven $1,274,865 $86,934 6.8% $34,304
Bally’s Evansville Bally Bet $1,135,341 $62,841 5.5% $0
Horseshoe Indianapolis $431,055 -$6,348 -1.5% -$603
Total $360,023,255 $27,634,092 7.7% $2,722,456

March 2022

Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings | theScore Bet $145,891,716 $7,470,891 5.1% $709,772
Blue Chip FanDuel $143,807,803 $12,171,756 8.5% $1,156,384
Belterra BetMGM | Betway $58,337,012 $5,305,566 9.1% $504,048
Harrah’s Hoosier Park Caesars $56,312,930 $2,318,314 4.1% $220,240
Hollywood Lawrenceburg PointsBet | Barstool $37,326,892 $2,910,844 7.8% $246,931
French Lick BetRivers $14,477,663 $780,935 5.4% $74,220
Horseshoe Hammond Unibet $4,766,317 $387,208 8.1% $42,514
Rising Star WynnBet | TwinSpires | SBK $4,196,108 $132,719 3.2% $12,731
Winners Circle Clarksville $3,812,690 $473,982 12.4% $57,478
Caesars Southern Indiana $2,649,247 $325,373 12.3% $19,165
Winners Circle Indianapolis $1,852,967 $165,085 8.9% $15,683
Bally’s Evansville Bally Bet $1,821,245 $138,660 7.6% $17,009
Winners Circle New Haven $944,308 $153,813 16.3% $13,868
Horseshoe Indianapolis $605,885 $53,306 8.8% $5,064
Total $476,802,783 $32,788,454 6.9% $3,095,106

February 2022

Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings | theScore Bet $127,424,524 $7,351,769 5.8% $618,852
Blue Chip FanDuel $108,101,238 $4,977,531 4.6% $46,563
Belterra BetMGM | Betway $53,803,542 $3,886,475 7.2% $369,215
Harrah’s Hoosier Park Caesars $46,002,793 $2,050,891 4.5% $194,835
Hollywood Lawrenceburg PointsBet | Barstool $38,689,451 $2,344,680 6.1% $185,333
French Lick BetRivers $14,431,578 $744,205 5.2% $62,461
Horseshoe Hammond Unibet $6,926,863 $425,685 6.1% $39,324
Rising Star WynnBet | TwinSpires $4,462,935 $164,286 3.7% $14,599
Winners Circle Clarksville $3,081,049 $221,594 7.2% $42,430
Caesars Southern Indiana $1,930,658 $243,159 12.6% $32,003
Bally’s Evansville Bally Bet $1,745,886 $64,997 3.7% $12,166
Winners Circle Indianapolis $1,175,878 $37,859 3.2% $3,597
Winners Circle New Haven $755,548 $20,822 2.8% $2,754
Indiana Grand $577,160 -$137,822 -23.9% -$13,093
Total $409,109,104 $22,396,131 5.5% $1,611,037

January 2022

Licensee Online Brand(s) Handle Revenue Hold Taxes
Ameristar East Chicago DraftKings | theScore Bet $168,896,381 $10,326,694 6.1% $1,060,673
Blue Chip FanDuel $127,247,298 $7,704,395 6.1% $1,158,221
Harrah’s Hoosier Park Caesars $56,357,127 $1,711,738 3.0% $162,615
Belterra BetMGM | Betway $55,466,512 $5,055,095 9.1% $474,224
Hollywood Lawrenceburg PointsBet | Barstool $48,079,629 $1,123,184 2.3% $181,759
French Lick BetRivers $17,510,095 $833,918 4.8% $87,480
Horseshoe Hammond Unibet $7,673,010 $591,928 7.7% $58,798
Rising Star WynnBet | TwinSpires $5,213,115 $382,324 7.3% $37,034
Winners Circle Clarksville $4,156,651 $515,296 12.4% $56,646
Caesars Southern Indiana $3,520,145 $515,381 14.6% $52,020
Winners Circle Indianapolis $1,966,030 $86,874 4.4% $8,253
Bally’s Evansville Bally Bet $1,888,699 $139,670 7.4% $14,110
Indiana Grand $1,105,913 $190,136 17.2% $18,063
Winners Circle New Haven $1,058,043 $101,543 9.6% $9,666
Total $500,138,648 $29,278,177 5.9% $3,379,560

December 2021

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue Taxes (9.5%)
Ameristar East Chicago DraftKings | theScore Bet $155,380,020 $149,694,595 $5,685,425 $6,812,196 $647,188
Blue Chip FanDuel $121,125,071 $120,459,900 $665,171 $7,611,261 $723,070
Harrah’s Hoosier Park Caesars $53,675,964 $48,939,219 $4,736,745 $1,878,379 $178,407
Belterra BetMGM | Betway $52,194,290 $51,454,932 $739,358 $3,558,648 $344,090
Hollywood Lawrenceburg PointsBet | Barstool $41,322,377 $27,461,364 $13,861,013 $3,336,037 $316,963
French Lick BetRivers $16,325,260 $15,186,476 $1,138,784 $1,077,531 $102,017
Horseshoe Hammond Unibet $7,546,882 $3,024,784 $4,522,098 $548,675 $46,692
Rising Star TwinSpires | WynnBet $6,633,729 $6,457,314 $176,415 $353,200 $31,901
Indiana Grand $4,890,436 $0 $4,890,436 $538,481 $41,352
Caesars Southern Indiana $2,569,778 $0 $2,569,778 $167,118 $7,807
Bally’s Evansville Bally Bet $1,351,804 $130,952 $1,220,852 $125,604 $8,709
Total $463,015,611 $422,809,536 $40,206,075 $26,007,130 $2,448,196

November 2021

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue Taxes (9.5%)
Ameristar East Chicago DraftKings | theScore Bet $174,803,943 $168,470,582 $6,333,361 $13,590,059 $1,291,072
Blue Chip FanDuel $110,628,491 $109,848,179 $780,312 $15,735,554 $1,494,878
Belterra BetMGM | Betway $48,649,388 $47,842,439 $806,949 $4,545,138 $431,795
Hollywood Lawrenceburg PointsBet | Barstool $42,400,645 $29,658,431 $12,742,214 $4,734,889 $449,833
French Lick BetRivers $14,229,837 $13,610,220 $619,617 $1,084,140 $103,363
Harrah’s Hoosier Park Caesars $48,683,586 $43,890,205 $4,793,381 $3,718,093 $344,429
Horseshoe Hammond Unibet $8,409,347 $4,292,322 $4,117,025 $1,270,043 $126,134
Rising Star TwinSpires | WynnBet $5,521,387 $5,300,374 $221,013 $534,669 $44,953
Indiana Grand $5,145,159 $0 $5,145,159 $1,057,766 $110,455
Caesars Southern Indiana $3,421,291 $0 $3,421,291 $611,900 $39,127
Bally’s Evansville $1,791,664 $0 $1,791,664 $260,320 $27,222
Total $463,684,738 $422,912,752 $40,771,986 $47,142,571 $4,463,261

October 2021

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue Taxes (9.5%)
Ameristar East Chicago DraftKings | theScore Bet $160,762,619 $153,935,553 $6,827,066 $8,776,408 $830,358
Blue Chip FanDuel $114,651,752 $113,258,342 $1,393,411 $9,505,229 $903,023
Belterra BetMGM | Betway $49,878,404 $48,980,895 $897,509 $3,625,270 $344,401
Hollywood Lawrenceburg PointsBet | Barstool $49,512,514 $33,905,040 $15,607,474 $2,482,337 $235,822
Harrah’s Hoosier Park Caesars $46,309,932 $40,235,126 $6,074,806 $945,530 $47,101
French Lick BetRivers $14,344,497 $13,634,906 $709,591 $844,791 $80,276
Horseshoe Hammond Unibet $7,992,329 $2,053,962 $5,938,368 $403,966 $27,472
Rising Star TwinSpires | WynnBet $6,149,549 $5,940,759 $208,790 $508,539 $56,743
Indiana Grand $5,750,626 $0 $5,750,626 $610,457 $58,083
Caesars Southern Indiana $3,880,504 $0 $3,880,504 -$52,245 $18,881
Bally’s Evansville $1,898,516 $0 $1,898,516 $188,190 $18,189
Total $461,131,242 $411,944,581 $49,186,661 $27,838,472 $2,620,348

September 2021

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $138,468,042 $133,459,483 $5,008,559 $8,306,501 $794,308
Blue Chip FanDuel $78,136,462 $77,231,138 $905,324 $10,723,287 $1,018,714
Hollywood Lawrenceburg PointsBet | Barstool $38,614,649 $27,091,061 $11,523,588 $4,948,407 $493,314
Belterra BetMGM | Betway $38,287,749 $37,667,397 $620,352 $4,749,167 $451,190
Harrah’s Hoosier Park Caesars $35,337,258 $30,662,296 $4,674,962 $1,412,498 $184,400
French Lick BetRivers $9,357,058 $8,948,954 $408,104 $660,702 $62,806
Horseshoe Hammond Unibet $5,142,770 $950,588 $4,192,182 $568,208 $64,359
Rising Star TwinSpires | WynnBet $4,222,972 $4,117,333 $105,639 $428,730 $40,752
Caesars Southern Indiana $2,042,937 $0 $2,042,937 $348,009 $36,374
Tropicana Evansville $1,428,747 $0 $1,428,747 $272,478 $20,221
Indiana Grand $4,386,538 $0 $4,386,538 $889,120 $84,525
Total $355,425,184 $320,128,251 $35,296,933 $33,307,106 $3,250,964

August 2021

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $79,451,201 $76,050,283 $3,400,918 $4,630,049 $439,862
Blue Chip FanDuel $52,995,143 $52,642,898 $352,245 $4,992,731 $474,321
Belterra BetMGM | Betway $26,765,510 $26,488,211 $277,299 $2,567,828 $243,945
Hollywood Lawrenceburg PointsBet | Barstool $20,130,161 $14,518,215 $5,611,946 $1,880,176 $178,648
Tropicana Evansville Caesars $17,392,230 $16,862,075 $530,155 $1,025,307 $96,048
French Lick BetRivers $5,938,911 $5,777,952 $160,959 $439,365 $41,747
Horseshoe Hammond Unibet $3,463,013 $775,921 $2,687,092 $317,234 $18,712
Indiana Grand $3,313,345 $0 $3,313,345 $296,491 $28,186
Harrah’s Hoosier Park $3,050,586 $0 $3,050,586 $270,733 $25,662
Rising Star TwinSpires | WynnBet $2,162,318 $2,123,634 $38,684 $122,773 $11,556
Caesars Southern Indiana $974,405 $0 $974,405 $161,750 $12,392
Total $215,636,823 $195,239,189 $20,397,634 $16,704,437 $1,571,079

July 2021

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $66,630,479 $63,587,961 $3,042,519 $5,167,421 $490,923
Blue Chip FanDuel $54,812,502 $54,343,643 $468,859 $5,322,994 $505,684
Belterra BetMGM | Betway $25,879,817 $25,594,936 $284,882 $2,213,978 $210,337
Hollywood Lawrenceburg PointsBet | Barstool $20,048,561 $14,155,587 $5,892,974 $2,418,172 $229,748
Tropicana Evansville William Hill $8,515,185 $7,908,956 $606,230 $241,766 $30,476
French Lick BetRivers $7,183,252 $6,861,126 $322,126 $688,570 $65,426
Horseshoe Hammond Caesars | Unibet $3,240,547 $852,852 $2,387,695 $243,086 $34,956
Indiana Grand $2,981,025 $0 $2,981,025 $299,775 $28,494
Harrah’s Hoosier Park $2,748,622 $0 $2,748,622 $340,030 $32,236
Caesars Southern Indiana $1,125,218 $0 $1,125,218 $119,243 $14,303
Rising Star TwinSpires | WynnBet $1,327,460 $1,274,580 $52,880 $170,001 $15,468
Total $194,492,669 $174,579,640 $19,913,029 $17,225,036 $1,658,052

June 2021

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $83,906,560 $79,422,986 $4,483,574 $5,919,140 $562,318
Blue Chip FanDuel $65,122,487 $64,222,392 $900,095 $9,204,100 $874,389
Hollywood Lawrenceburg PointsBet | Barstool $34,083,533 $25,049,518 $9,034,015 $1,751,544 $166,397
Belterra BetMGM | Betway $29,782,549 $29,277,103 $505,446 $3,256,307 $309,349
Tropicana Evansville William Hill $11,868,813 $11,117,901 $750,912 $3,105,585 $295,031
French Lick BetRivers $7,264,510 $6,927,250 $337,260 $643,018 $61,087
Horseshoe Hammond Caesars | Unibet $4,205,100 $1,036,916 $3,168,183 $600,510 $57,048
Indiana Grand $3,832,624 $0 $3,832,624 $453,951 $43,125
Harrah’s Hoosier Park $3,295,726 $0 $3,295,726 $250,795 $23,826
Caesars Southern Indiana $1,527,817 $0 $1,527,817 $114,818 $10,908
Rising Star TwinSpires | WynnBet $1,431,951 $1,355,597 $76,354 $179,615 $17,063
Grand Total $246,321,671 $218,409,664 $27,912,006 $25,479,383 $2,420,541

May 2021

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $89,174,818 $84,792,062 $4,382,756 $4,605,331 $437,506
Blue Chip FanDuel $80,000,077 $79,295,853 $704,224 $7,673,122 $728,947
Belterra BetMGM | Betway $29,788,164 $29,304,760 $447,404 $2,562,430 $243,431
Hollywood Lawrenceburg PointsBet | Barstool $26,084,407 $17,632,903 $8,451,505 $2,013,013 $191,236
Tropicana Evansville William Hill $8,941,195 $8,238,867 $702,328 $207,082 $19,673
French Lick BetRivers $6,950,173 $6,825,909 $124,264 $458,187 $43,528
Horseshoe Hammond Caesars | Unibet $4,354,210 $1,311,791 $3,042,419 $329,182 $31,272
Harrah’s Hoosier Park $3,741,071 $0 $3,741,071 $388,667 $36,923
Indiana Grand $3,072,921 $0 $3,072,921 $410,227 $38,972
Caesars Southern Indiana $1,270,882 $0 $1,270,882 $122,159 $11,605
Rising Star TwinSpires | WynnBet $1,067,307 $989,986 $77,322 $83,792 $7,960
Total $254,445,226 $228,392,131 $26,017,096 $18,853,192 $1,791,053

April 2021

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $87,631,485 $82,437,019 $5,194,466 $7,136,527 $677,970
Blue Chip FanDuel $67,628,249 $67,090,674 $537,575 $5,708,014 $542,261
Belterra BetMGM $31,377,566 $30,932,736 $444,830 $3,100,499 $294,547
Hollywood Lawrenceburg PointsBet $18,717,214 $10,287,400 $8,429,814 $2,178,860 $206,992
Tropicana Evansville William Hill $9,317,085 $8,482,255 $834,830 $524,880 $49,864
French Lick BetRivers $7,490,581 $7,260,939 $229,642 $385,283 $36,602
Horseshoe Hammond Caesars | Unibet $4,846,087 $2,009,477 $2,836,610 $60,223 $5,721
Indiana Grand $3,792,157 $0 $3,792,157 $402,409 $38,229
Harrah’s $3,504,269 $0 $3,504,269 $408,041 $38,764
Caesars Southern Indiana $1,449,649 $0 $1,449,649 $125,983 $11,968
Rising Star TwinSpires | WynnBet $648,967 $570,480 $78,486 $48,457 $4,603
Total $236,403,308 $209,070,980 $27,332,328 $20,079,176 $1,907,522

March 2021

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $120,414,215 $114,224,535 $6,189,680 $9,177,459 $871,859
Blue Chip FanDuel $92,409,340 $91,260,954 $1,148,386 $6,932,373 $658,575
Belterra BetMGM $40,237,180 $39,432,282 $804,898 $3,729,561 $354,308
Hollywood Lawrenceburg PointsBet $23,984,447 $13,143,104 $10,841,343 $3,318,480 $315,256
Tropicana Evansville William Hill $10,765,468 $9,523,019 $1,242,449 $1,187,993 $112,859
French Lick BetRivers $9,794,400 $9,159,690 $634,710 $868,617 $82,519
Horseshoe Hammond Caesars | Unibet $6,158,528 $2,364,067 $3,794,462 $41,324 $3,926
Indiana Grand $5,278,686 $0 $5,278,686 $599,772 $56,978
Harrah’s $5,024,768 $0 $5,024,768 $391,563 $37,198
Caesars Southern Indiana $2,410,546 $0 $2,410,546 $48,985 $4,654
Rising Star BetAmerica $240,183 $76,686 $163,496 $54,511 $5,179
Total $316,717,762 $279,184,337 $37,533,425 $26,350,639 $2,503,311

February 2021

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar DraftKings | theScore Bet $114,951,758 $110,098,240 $4,853,518 $4,225,113 $401,386
Blue Chip FanDuel $71,544,562 $70,911,646 $632,915 $4,955,336 $470,757
Belterra BetMGM $33,639,852 $33,013,203 $626,649 $2,240,748 $212,871
Hollywood Lawrenceburg PointsBet $21,606,233 $11,322,078 $10,284,155 $2,161,900 $205,380
French Lick BetRivers $7,864,285 $7,470,268 $394,016 $539,843 $51,285
Tropicana Evansville William Hill $7,211,619 $5,633,525 $1,578,094 $561,271 $53,321
Horseshoe Hammond Caesars | Unibet $6,623,448 $2,478,041 $4,145,407 $936,406 $88,959
Harrah’s $4,036,965 $0 $4,036,965 $387,639 $36,826
Indiana Grand $3,828,570 $0 $3,828,570 $471,791 $44,820
Caesars Southern Indiana $2,370,098 $0 $2,370,098 $467,361 $44,399
Rising Star BetAmerica $215,683 $100,555 $115,128 $8,497 $807
Total $273,893,073 $241,027,556 $32,865,517 $16,955,904 $1,610,811

January 2021

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Revenue State Tax
Ameristar DraftKings | theScore Bet $134,411,121 $124,804,469 $9,606,652 $10,734,942 $1,019,819
Blue Chip FanDuel $90,550,502 $89,240,067 $1,310,435 $6,159,428 $585,146
Belterra BetMGM $57,017,119 $52,423,923 $4,593,197 $5,010,400 $475,988
Hollywood Lawrenceburg PointsBet $26,836,024 $13,456,598 $13,379,426 $3,210,072 $304,957
French Lick BetRivers $9,839,725 $9,038,825 $800,900 $884,002 $83,980
Horseshoe Hammond Caesars | Unibet $9,630,461 $2,233,308 $7,397,153 $927,381 $88,101
Tropicana Evansville William Hill $7,249,670 $5,136,765 $2,112,905 $760,051 $72,205
Indiana Grand $4,847,618 $0 $4,847,618 $812,954 $77,231
Harrah’s $4,634,872 $0 $4,634,872 $703,018 $66,787
Caesars Southern Indiana $2,949,142 $0 $2,949,142 $276,803 $26,296
Rising Star BetAmerica $278,422 $171,253 $107,169 $26,427 $2,511
Total $348,244,676 $296,505,207 $51,739,469 $29,505,479 $2,803,021

December 2020

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $125,036,349 $115,522,028 $9,514,321 $6,888,872 $654,427
Blue Chip FanDuel $80,063,263 $78,155,241 $1,908,022 $5,096,428 $691,145
Belterra BetMGM $45,717,450 $40,983,964 $4,733,487 $2,312,517 $219,691
Hollywood Lawrenceburg PointsBet $23,407,102 $11,396,776 $12,010,327 $3,322,399 $315,369
French Lick BetRivers $11,614,525 $10,606,542 $1,007,983 $756,505 $71,884
Horseshoe Hammond Caesars | Unibet $9,283,839 $2,038,927 $7,244,911 $1,212,209 $111,902
Tropicana Evansville William Hill $5,789,095 $4,159,818 $1,629,277 $916,927 $86,972
Harrah’s Hoosier Park $4,897,505 $0 $4,897,505 $629,976 $57,564
Indiana Grand $4,426,755 $0 $4,426,755 $680,967 $64,692
Caesars Southern Indiana $2,554,968 $0 $2,554,968 $161,869 $15,396
Rising Star BetAmerica $321,622 $209,608 $112,013 $24,936 $3,431
Total $313,112,473 $263,072,904 $50,039,569 $22,003,606 $2,292,472

November 2020

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $103,687,824 $97,370,965 $6,316,860 $8,381,938 $796,337
Blue Chip FanDuel $65,953,899 $64,191,496 $1,762,403 $8,088,747 $768,443
Belterra BetMGM $26,195,736 $25,326,955 $868,781 $2,277,932 $216,444
Hollywood Lawrenceburg PointsBet $21,509,522 $9,909,485 $11,600,037 $2,525,601 $240,284
French Lick BetRivers $10,945,519 $10,319,202 $626,317 $708,366 $64,576
Horseshoe Hammond Caesars | Unibet $7,281,136 $2,379,222 $4,901,914 $1,078,396 $106,067
Tropicana Evansville William Hill $5,530,411 $4,046,457 $1,483,954 $838,439 $79,637
Harrah’s Hoosier Park $4,449,323 $0 $4,449,323 $495,091 $48,663
Indiana Grand $3,623,587 $0 $3,623,587 $461,711 $47,748
Caesars Southern Indiana $1,934,544 $0 $1,934,544 $359,724 $34,205
Rising Star BetAmerica $292,493 $144,130 $148,362 $39,696 $3,771
Total $251,403,994 $213,687,912 $37,716,082 $25,255,641 $2,406,175

October 2020

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $97,473,595 $91,936,937 $5,536,659 $9,596,062 $750,191
Blue Chip FanDuel $65,619,083 $63,589,991 $2,029,093 $7,319,108 $600,581
Belterra BetMGM $20,928,487 $20,069,843 $858,645 $1,898,207 $179,538
Hollywood Lawrenceburg PointsBet $18,549,115 $7,067,247 $11,481,868 $2,730,095 $185,420
French Lick BetRivers $8,404,251 $7,801,222 $603,028 $712,096 $63,679
Horseshoe Hammond Caesars | Unibet $6,444,361 $2,227,195 $4,217,165 $875,613 $58,378
Indiana Grand $4,481,740 $0 $4,481,740 $657,753 $60,398
Harrah’s Hoosier Park $4,139,689 $0 $4,139,689 $562,522 $45,311
Caesars Southern Indiana $2,401,967 $0 $2,401,967 $428,886 $34,467
Tropicana Evansville William Hill $2,194,555 $149,897 $2,044,658 $293,334 $25,233
Rising Star BetAmerica $295,408 $189,108 $106,300 $21,138 $2,153
Total $230,932,251 $193,031,440 $37,900,810 $25,094,814 $2,005,347

September 2020

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings | theScore Bet $95,056,265 $89,825,567 $5,230,699 $3,833,251 $525,710
Blue Chip FanDuel $57,696,201 $56,507,126 $1,189,074 $2,409,933 $317,495
Hollywood Lawrenceburg PointsBet $16,055,246 $6,196,439 $9,858,806 $1,461,578 $214,609
Belterra BetMGM $13,893,605 $13,190,060 $703,545 $1,412,644 $135,001
French Lick BetRivers $6,625,020 $6,243,220 $381,799 $370,952 $42,114
Horseshoe Hammond Caesars | Unibet $5,193,243 $1,119,147 $4,074,096 $280,245 $0
Indiana Grand $5,004,782 $0 $5,004,782 $657,620 $58,108
Harrah’s Hoosier Park $4,047,959 $0 $4,047,959 $434,887 $47,555
Caesars Southern Indiana $2,047,180 $0 $2,047,180 $109,488 $0
Tropicana Evansville $1,668,146 $0 $1,668,146 $245,214 $14,803
Rising Star BetAmerica $162,459 $88,832 $73,627 $22,454 $1,556
Total $207,450,106 $173,170,392 $34,279,714 $11,238,265 $1,356,952

August 2020

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $78,646,658 $73,701,146 $4,945,512 $5,819,958 $465,125
Blue Chip FanDuel $50,751,375 $50,057,516 $693,859 $3,642,451 $216,175
Hollywood Lawrenceburg PointsBet $11,720,382 $4,783,206 $6,937,176 $1,128,945 $107,298
Belterra BetMGM $9,903,467 $9,387,161 $516,306 $743,872 $70,678
French Lick BetRivers $5,107,678 $5,005,798 $101,880 $343,847 $32,023
Horseshoe Hammond Caesars | Unibet $3,589,353 $902,247 $2,687,106 $248,916 $0
Harrah’s Hoosier Park $3,500,365 $0 $3,500,365 $282,683 $26,073
Indiana Grand $2,577,860 $0 $2,577,860 $293,988 $16,941
Caesars Southern Indiana $1,590,272 $0 $1,590,272 -$6,409 $0
Tropicana Evansville $1,517,254 $0 $1,517,254 $94,407 $0
Rising Star BetAmerica $113,574 $63,494 $50,079 $9,161 $0
Total $169,018,238 $143,900,568 $25,117,669 $12,601,820 $934,314

July 2020

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings | theScore $34,022,029 $32,863,948 $1,158,081 $2,438,361 $291,923
Blue Chip FanDuel $24,468,974 $24,222,577 $246,397 $1,177,635 $239,430
Hollywood Lawrenceburg PointsBet $3,789,448 $1,103,867 $2,685,581 $535,307 $43,392
Belterra BetMGM $3,647,366 $3,522,336 $125,030 $423,888 $39,033
French Lick BetRivers $2,702,634 $2,668,898 $33,736 $199,349 $18,776
Horseshoe Hammond Caesars | Unibet $903,626 $145,997 $757,628 $42,066 $0
Caesars Southern Indiana $420,658 $0 $420,658 $41,790 $0
Harrah’s Hoosier Park $324,042 $0 $324,042 $79,755 $0
Tropicana Evansville $292,118 $0 $292,118 -$74,479 $0
Indiana Grand $234,605 $0 $234,605 $20,980 $12,024
Rising Star BetAmerica $71,123 $18,297 $52,826 $862 $0
Total $70,876,622 $64,545,922 $6,330,700 $4,885,514 $644,578

June 2020

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $18,430,007 $18,239,086 $190,921 $1,540,429 $166,740
Blue Chip FanDuel $7,900,687 $7,867,516 $33,171 $795,707 $83,482
French Lick BetRivers $1,349,570 $1,336,452 $13,118 $157,735 $15,221
Belterra BetMGM $1,141,097 $1,124,010 $17,087 $120,335 $12,158
Hollywood Lawrenceburg PointsBet $844,344 $520,376 $323,968 -$2,470 $0
Horseshoe Hammond Caesars $54,946 $33,444 $21,502 -$27,186 $0
Rising Star BetAmerica $34,384 $28,212 $6,172 $962 $0
Tropicana Evansville $28,547 $0 $28,547 -$2,847 $0
Harrah’s Hoosier Park $0 $0 $0 -$4,725 $0
Indiana Grand $0 $0 $0 -$2,508 $0
Caesars Southern Indiana $0 $0 $0 -$31,629 $0
Total $29,783,582 $29,149,096 $634,486 $2,543,803 $277,600

May 2020

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $20,132,953 $20,132,953 $0 $1,801,639 $173,536
Blue Chip FanDuel $12,271,816 $12,271,816 $0 $1,056,061 $101,030
French Lick BetRivers $2,396,529 $2,396,529 $0 $168,380 $16,681
Belterra BetMGM $1,501,998 $1,501,998 $0 $123,467 $10,850
Hollywood Lawrenceburg PointsBet $986,258 $986,258 $0 $74,687 $0
Rising Star BetAmerica $37,323 $37,323 $0 $10,042 $0
Horseshoe Hammond Caesars $8,063 $8,063 $0 $2,755 $0
Harrah’s Hoosier Park $0 $0 $0 $0 $0
Indiana Grand $0 $0 $0 $0 $0
Caesars Southern Indiana $0 $0 $0 $0 $0
Tropicana Evansville $0 $0 $0 $0 $0
Total $37,334,940 $37,334,940 $0 $3,237,031 $302,097

April 2020

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $13,649,514 $13,649,514 $0 $908,322 $91,006
Blue Chip FanDuel $9,715,664 $9,715,664 $0 $558,155 $40,576
French Lick BetRivers $2,067,231 $2,067,231 $0 $116,284 $11,047
Hollywood Lawrenceburg PointsBet $449,638 $449,638 $0 -$4,768 $0
Belterra BetMGM $418,195 $418,195 $0 $48,043 $5,559
Rising Star BetAmerica $3,886 $3,886 $0 $3,519 $0
Horseshoe Hammond $0 $0 $0 $0 $0
Harrah’s Hoosier Park $0 $0 $0 $0 $0
Indiana Grand $0 $0 $0 $0 $0
Caesars Southern Indiana $0 $0 $0 $0 $0
Tropicana Evansville $0 $0 $0 $0 $0
Total $26,304,128 $26,304,128 $0 $1,629,555 $148,189

March 2020

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $35,213,890 $33,087,455 $2,126,435 $2,658,851 $252,615
Blue Chip FanDuel $22,282,365 $21,589,354 $693,011 $1,460,616 $151,393
French Lick BetRivers $3,677,470 $3,596,127 $81,343 $327,455 $31,108
Horseshoe Hammond $3,439,690 $0 $3,439,690 $211,475 $0
Hollywood Lawrenceburg PointsBet $2,897,166 $334,237 $2,562,929 $251,772 $23,283
Belterra BetMGM $2,300,562 $2,057,873 $242,689 $335,587 $30,099
Harrah’s Hoosier Park $1,768,079 $0 $1,768,079 $32,459 $12,767
Indiana Grand $1,668,531 $0 $1,668,531 $95,088 $20,820
Caesars Southern Indiana $800,758 $0 $800,758 -$25,689 $0
Tropicana Evansville $594,036 $0 $594,036 -$49,753 $0
Rising Star BetAmerica $176,254 $132,568 $43,686 $2,330 $0
Total $74,818,801 $60,797,614 $14,021,187 $5,300,191 $522,086

February 2020

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $79,971,894 $74,110,276 $5,861,618 $6,047,650 $574,585
Blue Chip FanDuel $65,935,858 $63,833,235 $2,102,623 $2,665,685 $195,715
Horseshoe Hammond $12,391,845 $0 $12,391,845 $52,445 $102,387
French Lick BetRivers $8,054,464 $7,666,808 $387,656 $375,884 $35,710
Hollywood Lawrenceburg $6,803,081 $0 $6,803,081 $308,577 $43,947
Harrah’s Hoosier Park $4,510,204 $0 $4,510,204 $301,764 $25,739
Indiana Grand $4,469,396 $0 $4,469,396 $516,760 $49,131
Caesars Southern Indiana $2,215,524 $0 $2,215,524 $16,774 $14,212
Tropicana Evansville $1,563,318 $0 $1,563,318 $31,513 $9,137
Belterra BetMGM $934,291 $70,061 $864,230 $59,348 $3,247
Rising Star BetAmerica $336,347 $212,953 $123,393 $5,554 $0
Total $187,186,221 $145,893,333 $41,292,888 $10,381,954 $1,053,811

January 2020

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $73,037,356 $65,993,539 $7,043,817 $6,014,079 $571,461
Blue Chip FanDuel $52,211,848 $49,519,651 $2,692,197 $2,210,553 $267,528
Horseshoe Hammond $13,705,355 $0 $13,705,355 $1,803,809 $171,452
French Lick BetRivers $8,303,667 $7,770,033 $533,634 $604,310 $57,412
Hollywood Lawrenceburg $7,736,943 $0 $7,736,943 $578,993 $50,304
Harrah’s Hoosier Park $5,428,810 $0 $5,428,810 $321,786 $30,958
Indiana Grand $4,991,790 $0 $4,991,790 $365,318 $33,165
Caesars Southern Indiana $2,395,735 $0 $2,395,735 $143,966 $15,268
Tropicana Evansville $1,999,848 $0 $1,999,848 $210,974 $18,871
Belterra $934,724 $0 $934,724 $8,077 $5,379
Rising Star BetAmerica $303,174 $89,622 $213,552 -$38,643 $0
Total $171,049,250 $123,372,845 $47,676,405 $12,223,222 $1,221,796

December 2019

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue Taxes (9.5%)
Ameristar East Chicago DraftKings $75,045,756 $66,701,840 $8,343,916 $5,971,963 $555,345
Blue Chip FanDuel $40,145,926 $35,962,198 $4,183,728 $2,395,170 $227,541
Belterra $948,810 $0 $948,810 $151,640 $14,527
Hollywood Lawrenceburg $8,929,827 $0 $8,929,827 $824,235 $83,601
French Lick BetRivers $9,389,083 $7,908,510 $1,480,573 $541,787 $50,578
Horseshoe Hammond $13,380,609 $0 $13,380,609 $1,148,008 $109,448
Harrah’s Hoosier Park $5,655,637 $0 $5,655,637 $441,112 $41,266
Tropicana Evansville $1,971,301 $0 $1,971,301 $185,176 $20,604
Indiana Grand $4,601,753 $0 $4,601,753 $208,275 $16,715
Caesars Southern Indiana $1,581,536 $0 $1,581,536 $170,884 $16,741
Rising Star BetAmerica $158,686 $2,129 $156,557 $29,864 $2,675
Total $161,808,924 $110,574,677 $51,234,247 $12,068,114 $1,139,042

November 2019

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $72,071,227 $64,084,130 $7,987,097 $5,021,021 $410,048
Blue Chip FanDuel $28,197,799 $23,727,830 $4,469,969 $1,980,739 $188,170
Horseshoe Hammond $12,964,573 $0 $12,964,573 $800,208 $63,823
French Lick BetRivers $9,634,074 $8,393,415 $1,240,659 $521,641 $46,306
Hollywood Lawrenceburg $8,787,291 $0 $8,787,291 $1,149,215 $81,829
Harrah’s Hoosier Park $6,972,109 $0 $6,972,109 $557,764 $44,076
Indiana Grand $4,193,837 $0 $4,193,837 $171,205 $18,913
Tropicana Evansville $2,011,102 $0 $2,011,102 $174,841 $11,918
Caesars Southern Indiana $1,414,256 $0 $1,414,256 $106,081 $8,009
Belterra $920,344 $0 $920,344 $92,233 $8,362
Rising Star $110,300 $0 $110,300 $18,373 $1,907
Total $147,276,912 $96,205,375 $51,071,537 $10,593,321 $883,363

October 2019

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Ameristar East Chicago DraftKings $46,169,268 $39,374,511 $6,794,757 $4,500,139 $477,434
Horseshoe Hammond $10,680,358 $0 $10,680,358 $1,682,353 $163,004
French Lick BetRivers $7,057,675 $6,265,969 $791,706 $570,489 $52,692
Blue Chip FanDuel $6,927,143 $2,373,840 $4,553,303 $938,834 $85,816
Hollywood Lawrenceburg $6,925,496 $0 $6,925,496 $843,970 $105,171
Harrah’s Hoosier Park $6,158,917 $0 $6,158,917 $974,467 $100,089
Indiana Grand $3,763,184 $0 $3,763,184 $516,140 $48,045
Tropicana Evansville $1,962,816 $0 $1,962,816 $324,200 $34,938
Caesars Southern Indiana $1,240,408 $0 $1,240,408 $128,192 $14,330
Belterra $812,130 $0 $812,130 $150,692 $14,641
Total $91,697,395 $48,014,320 43,683,075 $10,629,476 $1,096,160

September 2019

Licensee Online Brand(s) Total Handle Online Handle Retail Handle Gross Revenue State Tax
Horseshoe Hammond $8,980,989 $8,980,989 $1,977,650 $197,640
Ameristar East Chicago $5,411,479 $5,411,479 $1,312,224 $121,211
Hollywood Lawrenceburg $5,227,776 $5,227,776 $1,207,013 $117,401
Harrah’s Hoosier Park $4,334,908 $4,334,908 $1,246,612 $123,406
Blue Chip $3,870,797 $3,870,797 $921,481 $90,960
Indiana Grand $3,621,628 $3,621,628 $738,314 $72,666
Tropicana Evansville $1,067,650 $1,067,650 $298,958 $28,617
Caesars Southern Indiana $1,051,750 $1,051,750 $293,330 $27,868
French Lick $939,222 $939,222 $157,608 $20,665
Belterra $709,219 $709,219 $131,672 $12,668
Total $35,215,418 $35,215,418 $8,284,862 $813,102

Preliminary Revenue Predictions for Sports Betting in Indiana

The Indiana Gaming Commission (IGC) engaged Eilers & Krejcik Gaming, a leading research and consulting firm specializing in the gaming industry, to evaluate the potential impacts of legalizing and regulating sports betting within the state. The insights from this study were pivotal in shaping the discussions around the sports betting bill during the 2018 legislative session.

Key Areas of Analysis:

  1. Revenue Projections: Forecasts for revenue from both retail and mobile sports betting.
  2. Economic Impacts: Evaluation of the economic benefits of implementing sports betting in Indiana.

The conclusions of the report were based on an in-depth analysis of several factors, including:

  • Market Dynamics: Analysis of both domestic and international gaming markets.
  • Regulatory Frameworks: Evaluation of Indiana’s regulatory landscape for gambling.
  • Consumer Behavior: Survey of area residents to gauge interest and expected participation.
  • Economic Implications: Assessment of potential impacts on state revenues and employment.

Assumptions from Bill H1325 (2018 Legislative Session):

  • Licenses: Limited to the 13 commercial casinos in Indiana.
  • Access: Sports betting to be available via both retail and mobile platforms.
  • Fees:
    • Initial license fee for retail sportsbooks: $75,000 with a yearly administrative fee of $5,000.
    • Online sportsbooks: Initial license fee of $10,000 with an annual fee of $5,000.
  • Tax Rate: Set at 9.25% of total revenue from sports betting.

Final Regulations:

The initial provisions in the sports betting bill were largely retained, with notable changes in licensing fees:

  • License Fee: $100,000 initial fee with a $50,000 annual renewal fee.
  • Tax Rate: Adjusted to 9.5%.

Revenue Projections (First Five Years):

Year Retail Sports Betting Revenue Mobile Sports Betting Revenue Total Sports Betting Revenue
1 $30.1 million $26.1 million $56.2 million
2 $90.1 million $78.4 million $168.5 million
3 $120.2 million $104.4 million $224.6 million
4 $108.1 million $135.8 million $243.9 million
5 $102.1 million $154.0 million $256.1 million

Considerations:

  • Market Maturity: Anticipated by Year 3.
  • Neighboring States: Projections account for the potential legalization of sports betting in surrounding states, which could affect Indiana's market by drawing in out-of-state bettors, especially through mobile sports betting.
  • Retail vs. Mobile: Exclusive reliance on retail betting was deemed non-viable. The report projected that a market limited to retail operations would peak after three years, capturing only 46% of the potential market compared to a combined retail and mobile betting system.

Conclusion:

The forecasts provide a framework for policymakers and stakeholders to understand the potential financial and economic impacts of legalized sports betting in Indiana. The adoption of both retail and mobile platforms ensures broader market reach and maximizes revenue, reflecting the advice to embrace online betting options to sustain growth.