Last updated on October 19th, 2021 at 09:00 am
Sportsbooks enjoyed a huge boost in sports betting handle this September in Indiana. The September sports betting handle in Indiana is the highest monthly handle ever recorded by the state. Football, of course, takes the credit for the huge boost in handle for the month. Aside from college basketball, which contributes much to the higher handle as well, the NFL started early in September. And as everyone using sports betting software knows, football is the most popular sport that people bet on in the US.
The sports betting market in Indiana started to see an increase in betting handle again back in August, with a 10.9% month-on-month growth in handle. The statistics are even better in the latest report, which covers August to September. For this period, we have an amazingly high 64.8% increase of the sports betting handle from $215.6 million to $335.4 million. Looking at year-on-year data, we are also seeing better numbers, with this September’s handle being 71.3% higher than September 2020’s $2074 handle. The previous record of the highest handle was back in January with $303.08 million.
Sports Betting Software in Indiana
Online sports betting is also widely popular in Indiana. $326 million of the total monthly handle came from online sportsbooks. Which shows us that using a sports betting solution to run and manage online sportsbooks is proving to be a very profitable strategy in the sports betting business.
The state also records the highest mobile sports betting handle ever, at $326.62 million. This is 63% higher than that of August’s $199.798 million. It is also a whopping 82.5% higher than September 2020’s mobile handle of $178.977 million, if we look at the year-on-year numbers.
The state also earns well for the month. The sports betting tax for September is at $3,214,433. This is 104.9% higher than August’s $1,571,080. Many experts in the industry believe that the state’s betting market can easily be topped in the months to come. The NBA season begins on October. This is in addition to other popular sports events, such as the MLB playoffs, college sports and more. Truly, we can only expect nothing but better numbers for sports betting in Indiana in the months to come.
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