Indiana Sports Betting Handle Ramps Up In March, But Revenue Falls

2026-05-01T04:56:09Z

JeremyZqs4:

The [http://auropedia.com/index.php/User:MikkiForman1 proliferating Indiana] [http://auropedia.com/index.php/The_BET_9Ja_Promotion_Code_2026_Is_YOHAIG sports betting] market had another strong month in March, [http://43.143.142.387001/kishavilla1742 accepting] more than $550 million in wagers and producing nearly $3.4 million in state taxes. The $553.6 million [https://www.adpost4u.com/user/profile/4413125 handle represented] a 10.5% growth over March 2024. However, the $35.8 million in adjusted gaming [https://qr.nukkun.com/epifaniam8 revenue] (AGR) was 10.2% lower than the previous year’s total. - Market activity increased year-over-year and from February, but AGR fell. - March Madness drove basketball to be the far-and-away most popular market. - DraftKings retained its spot as the top market operator. The AGR decline marked a sharp deviation from February's performace, when [https://staging.persianhandicrafts.com/blog/persiada-crafts-story-part-1 operators increased] handle by 5.2% to $432.9 million and AGR by 25.7% to $47.8 million. Surprisingly, the market outperformed its February numbers, including the all-popular Super Bowl. Handle grew 27.9% from $432.8 million, although AGR fell 25% from $47.7 million, and the tax contribution declined from $4.5 million. It's no [https://www.ebersbach.org/index.php?title=User:DorthyQuintana surprise] March [https://ggapps.xyz/erniepegues25 Madness betting] drove the market. The American Gaming Association estimated before the tournament tipped off that U.S. would receive $3.1 billion in bets. The Indiana Gaming Commission reported $270.1 million (48.8%) of March's sports betting handle came from basketball wagers. Baseball was the second-most popular sport for straight bets, generating a $13.3 million handle, or 2.4% of the total. Football produced $1.4 million in bets, or less than 1% of the handle. [https://devops.rs2i.fr/mckinleyvanott Parlay bets] were a massive attraction, just as they are in every state and across every market. Indiana sports bettors placed $178.5 million in parlay bets, more than 32.2% of the monthly total. That was an extra 2.6% of the monthly handle over the 29.6% [https://iamzoyah.com/@velva05085582?page=about parlays accounted] for in March 2024’s total handle. DraftKings leads March handle, revenue Ameristar Casino partner DraftKings had the best performance of any Indiana operator in March, generating $196.9 million in online and retail bets and producing $13.4 million in AGR. FanDuel (Blue Chip Casino) came in second with $166.3 million in total handle and $12.6 million in AGR. Hollywood Lawrenceburg partner Fanatics ($37.7 million) narrowly outpaced Belterra [https://gitea.my-intrudair.com/lone221853082 partner BetMGM] ($37.6 million) in total online handle, although BetMGM had much higher gross receipts ($2.8 million to $862,284). Bet365 had $30.3 million in [https://pokeavalar.pl/wiki/index.php?title=User:VioletteTwopeny online handle] and $1.2 million in gross receipts; William Hill (ESPN Bet) [https://qikli.co/lamarmetcalf11 produced] a $27.5 million online handle and $685,003 in receipts; BetRivers had a $14.4 million [https://www.telix.pl/forums/users/ronaldwhittingto/ online handle] and $917,543 in receipts; Hard Rock finished with an $11.5 million online handle and $512,375 in receipts; Bally Bet produced a $2.7 million online handle and $96,898 in receipts; and Caesars [https://genpod.co.za/blog/season-essentials rounded] things out with an $840,880 handle and $55,669 in receipts. Although [https://suachuamaybienap.com/index.php/User:JeremyZqs4 DraftKings led] the market and increased its year-over-year handle, its market share fell from 37.3 to 35.5%. [http://www.xngel.com/@arlenewhitting?page=about FanDuel produced] nearly identical shares of 30.7 and 30% in 2024 and 2025.

User:JeremyZqs4

2026-05-01T04:56:06Z

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Indiana Sports Betting Handle Ramps Up In March, But Revenue Falls

User:JeremyZqs4