Posted by: Southsider2k12 Nov 11 2019, 02:47 PM
Hoosiers wagered nearly $92 million on sports in October—the first month that mobile bets were accepted—according to numbers released Friday by the Indiana Gaming Commission.
The $91.7 million that Indiana sportsbooks accepted last month is almost triple the amount wagered in September when sports betting became legal. Total wagers that month were $35.2 million.
“Indiana is quickly becoming a star among legal sports betting markets in the U.S.,” said Dustin Gouker, lead analyst for PlayIndiana.com, a news and research organization that follows sports gambling. “Indiana is so far ahead of its neighbors in Illinois, Ohio, Kentucky, and Michigan, that the Hoosier state is well on its way to establishing itself as the gambling capital of the Midwest.”
In-person sports betting began at most of the state’s casinos and off-track betting facilities in September, but mobile wagering, which enables Hoosiers to place bets through their phones or computers without visiting a casino, had been slower to get started.
DraftKings, which is working with Ameristar Casino in East Chicago, and Rush Street Interactive, which is working with French Lick Casino, launched mobile options on Oct. 3.
And both of those casinos saw significant increases in wagers placed from September to October, supporting the prediction from industry experts that mobile wagering will seize most of the state’s sports betting market.
FanDuel, which is working with Blue Chip Casino in Michigan City, started mobile betting on Oct. 22.
With the mobile option, Hoosiers do not have to register in-person before placing bets. Geo-fencing technology ensures that anyone placing a bet on their smartphone or computer is within Indiana’s borders.
The bets placed in October generated close to $1.1 million in tax revenue for the state, up from the $813,000 the state collected through wagering taxes in September.
Adjusted gross revenue for the sportsbooks reached $11.5 million, up from $8.6 million in September.
Posted by: Southsider2k12 Nov 25 2019, 02:46 PM
MICHIGAN CITY — Men are lounging in easy chairs glancing at their phones while enormous overhead screens broadcast sports highlights and games throughout the new FanDuel Sportsbook at Blue Chip Casino.
It’s early Thursday afternoon. A few are at the adjacent sports bar — The Game — sipping a beer or munching on one of the lunch offerings on the menu. By evening, the combined 2,400-square-foot space devoted to the sports bar and sportsbook will start filling up for the 8 p.m. matchup between the Colts and the Texans.
Saturdays and Sundays will be even busier with a full slate of college and NFL football games.
So far, officials at Blue Chip are impressed by the sportsbook knowledge of visitors as well as the new business those sports fans are bringing to the casino. In just the first two months since sports betting was legalized in Indiana on Sept. 1, fans have wagered about $10.8 million at Blue Chip or through the mobile FanDuel app.
And that’s just at Blue Chip.
Including all of the sportsbook locations throughout the state, more than $126.9 million has been wagered in just two months, and the state already has taken in roughly $1.9 million in taxes for its general fund.
Those figures don’t include Rising Sun Casino in southwestern Indiana, which only opened its sportsbook in November, and two Majestic Star locations in Gary, which are yet to open.
“We’re very happy how it’s been going,” said Brenda Temple, vice president and general manager of Blue Chip. “The FanDuel Sportsbook is attracting a younger demographic and quite a few are trying out the other games and amenities we have to offer.”