As more and more sports leagues are returning across the world, a lot of sportsbook pay per head providers are seeing a very healthy increase in handle for the month of May. For now, retail sportsbooks and casinos are still closed, so all of the betting action is done online. Indiana sportsbooks mobile handle increases in May as well, where we are seeing a 41% increase in mobile sports betting activity.
In May, the total sports betting handle was $37.33 million, which is a 41.9% increase from April’s $26, 304,128. The sports betting revenue for May is showing a huge 103.9% increase of $3.179 million, from April’s $1.559 million.
Indiana Sportsbooks Mobile Handle
The sports industry, as well as retail gambling industry have both been shut down since mid-March. But as countries slowly recover, and industries are slowly reopening, providers of sports betting solutions such as PricePerPlayer Sportsbook software are seeing more betting activity on the rise.
Indiana is one of the states in the US that accepts online sports wagering. This policy clearly helped their local markets stay afloat, compared to states that only allow for retail betting. Since people are now trying out online betting, they may enjoy the convenience of betting on sports from anywhere. And the increasing number of sports events coming up will only bring the numbers higher.
Sports Betting in Indiana
Indiana has a list of sports that its sportsbooks can offer to their residents. And in early June, the Indiana gaming commission added other sports that people can bet on. These are professional bull riding events, the Premier Lacrosse leagues, the PGA and LPGA, and even other sports. In fact, almost a million dollars was wagered on Korean baseball in May.
There will be more betting options opening up soon, and if you want to be a successful bookie, you should have your sportsbook set up and ready to take in wagers. The PGA will be hosting its tournament this week. In addition, we also have sports leagues in North America, such as major league soccer, the NBA, MLB and the NHL coming back soon. While mid-June will herald the reopening of retail casinos and sportsbooks, analysts are still seeing an upward trend for mobile sports betting across the country.