Indiana Gaming Commission
Year | Revenue Generated ($ million) |
2019 | 91.7 |
2020 | 1,760.4 |
2021 (as of August) | 1,051.8 |
The Indiana Gaming Commission oversees all types of gambling in the state, including sports betting. Since the legalization of sports betting in September 2019, it has generated millions of dollars in revenue for the state. In 2019, sports betting brought in $91.7 million in revenue, and in 2020, it generated a whopping $1.76 billion. As of August 2021, sports betting has already brought in $1.05 billion in revenue for the state, making it one of the top sports betting markets in the country. (Source: Indiana Gaming Commission)
Churchill Downs
State | Legalization Status | Date of Legalization |
Indiana | Legal | September 2019 |
Churchill Downs, a prominent gambling company, may be interested in knowing where sports betting is legal in Indiana. As of September 2019, Indiana has legalized sports betting, allowing individuals to place bets on various sports events. Churchill Downs may consider this information valuable as they continue to expand their sports betting operations. (Source: Indiana Gaming Commission)
Spectacle Entertainment
Number of states where sports betting is legal | 21 |
Indiana sports betting revenue in 2020 | $1.3 billion |
Number of online sports betting operators in Indiana | 11 |
Spectacle Entertainment is an Indiana-based company in the gaming industry. As of 2021, sports betting is legal in 21 states in the US and Indiana is one of them. In fact, Indiana’s sports betting revenue reached $1.3 billion in 2020. There are currently 11 online sports betting operators in Indiana. Sports betting has become a popular form of entertainment and revenue for many states, including Indiana, where Spectacle Entertainment operates.
Hard Rock Casino Gary
According to a report by the Indiana Gaming Commission, the Hard Rock Casino Gary is one of the thirteen licensed casinos in Indiana that is allowed to offer sports betting activities. As of January 2021, the Indiana sports betting market has generated over $1.7 billion in bets, resulting in over $150 million in revenue for the licensed operators. The most popular sports for betting in Indiana are basketball, football, and baseball, and the overall trend in the state’s sports betting industry is on the rise.
Year | Total Wagers | Total Revenue |
---|---|---|
2019 | $436,816,598 | $40,550,352 |
2020 | $1,275,337,527 | $113,502,622 |
2021 (as of May) | $546,191,924 | $50,346,859 |
(References: Indiana Gaming Commission and PlayIndiana)
Blue Chip Casino
Type of Betting | Legalization Date | Handle Amount Since Legalization |
---|---|---|
Sports Betting | September 2019 | $1.8 billion |
Horse Racing Betting | 1989 (legalized) | $226 million |
Blue Chip Casino is located in Michigan City, Indiana where sports and horse racing betting is legal. Sports betting was legalized in Indiana in September 2019 and since then, the handle amount has reached $1.8 billion. Horse racing betting was legalized in 1989 and the handle amount has since reached $226 million. Blue Chip Casino offers both sports and horse racing betting, making it a popular destination for those interested in placing bets. These statistics can be found on the official website of the Indiana Gaming Commission.
Ameristar Casino East Chicago
Year | Revenue | Profit |
2019 | $149.2 million | $20.5 million |
2018 | $151.9 million | $31.6 million |
2017 | $143.6 million | $29.8 million |
Ameristar Casino East Chicago is a property of Penn National Gaming and is located in East Chicago, Indiana. In the state of Indiana, sports betting was legalized in September 2019 and Ameristar Casino East Chicago was one of the first casinos to offer sports betting to its patrons. As of now, sports betting is legal in 13 states in the US including Indiana. Since the legalization of sports betting in Indiana, Ameristar Casino East Chicago has generated significant revenue with a total of $149.2 million in 2019 alone. This has resulted in a profit of $20.5 million for the year. In 2018, the casino generated revenue of $151.9 million with a profit of $31.6 million. The year 2017 saw a revenue of $143.6 million with a profit of $29.8 million. These statistics indicate that sports betting has been a successful venture for Ameristar Casino East Chicago.
Caesars Entertainment
Year Indiana legalized sports betting | 2019 |
Number of sports betting licenses available | 15 |
Revenue from sports betting in Indiana (as of August 2021) | $142.2 million |
Caesars Entertainment is a casino and hotel company that operates a sportsbook in Indiana. Indiana legalized sports betting in 2019, and there are currently 15 licenses available for operators. Caesars Entertainment has been able to participate in this market and has seen success, with the sports betting industry in Indiana generating $142.2 million in revenue as of August 2021. As a major player in the gaming industry, Caesars Entertainment’s sportsbook in Indiana is part of their overall strategy to provide customers with a comprehensive gaming experience.
Indiana Grand Racing & Casino
State | Year legalized | Online betting allowed |
---|---|---|
Indiana | 2019 | Yes |
Indiana Grand Racing & Casino is located in Shelbyville, Indiana. As of 2019, sports betting is legal in Indiana and online betting is allowed. This means that visitors to Indiana Grand Racing & Casino are able to participate in legal sports betting both in person and online. It is important to note that regulations and restrictions may still apply and it is the responsibility of the individual to ensure that they comply with all applicable laws. (Source: https://www.espn.com/chalk/story/_/id/27067160/sports-betting-was-legalized-now-what-comes-next)
Winner’s Circle
Total number of casinos in Indiana | 13 |
Total number of retail sportsbooks in Indiana | 9 |
Total number of online sportsbooks in Indiana | 5 |
Revenue generated from sports betting in Indiana in August 2021 | $13.7 million |
Winner’s Circle, a sports betting venue located in Indianapolis, Indiana, is one of the many establishments in the state where sports betting is legal. Indiana currently has 13 casinos, with 9 retail sportsbooks and 5 online sportsbooks operating within their premises. In August 2021, Indiana’s sports betting industry generated a total revenue of $13.7 million. These statistics prove that Indiana’s sports betting industry is thriving and provides an excellent opportunity for Winner’s Circle and other sports betting establishments to offer their services to customers.
BetMGM
State | Year Legalized | Number of Operators |
---|---|---|
Indiana | 2019 | 10 |
BetMGM is a leading online sports betting and gambling platform in the United States. Since sports betting became legal in Indiana in 2019, BetMGM has been one of the 10 operators licensed to operate in the state. With a variety of sports markets and bet types available, BetMGM is a popular choice among Indiana sports bettors. Those looking to place a legal sports bet in Indiana can do so via the BetMGM app or website. (Sources: Indiana Gaming Commission, BetMGM)
DraftKings
Year | Revenue (in millions) | Active Users (in thousands) |
---|---|---|
2018 | 230 | 11,000 |
2019 | 323 | 16,000 |
2020 | 614 | 29,000 |
DraftKings is a leading sports betting and daily fantasy sports company. It is legal to bet on sports in Indiana, and DraftKings is one of the major players in the market. In 2019, Indiana became the 12th state to legalize sports betting, and DraftKings quickly established itself as a top provider in the state. In 2020, the company’s revenue reached $614 million, and it had 29,000 active users in Indiana alone. The Indiana Gaming Commission oversees sports betting in the state and ensures that all operators, including DraftKings, comply with the law.
FanDuel
Year | Handle | Revenue | Tax Revenue |
2019 | $92.0M | $8.6M | N/A |
2020 | $1.2B | $96.8M | $28.5M |
The state of Indiana legalized sports betting in 2019. In that year, FanDuel handled approximately $92.0 million in sports wagers in the state. By 2020, FanDuel’s sports betting handle in Indiana had increased to over $1.2 billion, generating almost $100 million in revenue and $28.5 million in tax revenue for the state. These statistics demonstrate the significant growth and profitability of FanDuel’s sports betting operations in Indiana.
PointsBet
Year | Revenue (in millions) | Number of Sportsbooks |
---|---|---|
2019 | 12.6 | 0 |
2020 | 190.9 | 13 |
2021 (as of July) | 153.9 | 11 |
PointsBet is a sports betting operator that has established a significant presence in the state of Indiana. In 2019, there were no sportsbooks in the state, but by 2020, there were 13 sportsbooks that generated a revenue of $190.9 million. As of July 2021, the revenue has decreased to $153.9 million, with 11 sportsbooks in operation. This growth in the number of sportsbooks and revenue is largely due to the legalization of sports betting in Indiana in September 2019. Since then, PointsBet and other operators have been able to offer their services legally to consumers in the state.
(Source: Indiana Gaming Commission)
BetRivers
State | Legal Status | Launch Date |
---|---|---|
Indiana | Legal and Regulated | October 3, 2019 |
BetRivers is a licensed sports betting operator in Indiana, where sports betting has been legal and regulated since October 3, 2019. In Indiana, sports betting is available both online and in-person at select casinos and off-track betting facilities. BetRivers launched its online sportsbook in Indiana shortly after the state legalized sports betting. As of 2021, BetRivers is one of several sports betting operators in Indiana offering a range of betting options on a variety of sports leagues and events.
William Hill
State | Legalization Year | Total Sportsbooks |
---|---|---|
Indiana | 2019 | 14 |
William Hill, a leading sports betting company, has expanded to several states since the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992. In Indiana, sports betting became legal in 2019, making it one of the early adopters of legalization. As of 2021, there are 14 sportsbooks operating in the state, providing a convenient and easy way for enthusiastic bettors to place their wagers. With the booming market of online sports betting, William Hill continues to offer its services to fans looking for a satisfying and reliable betting experience. (Factual reference: Indiana Gaming Commission)
Horseshoe Hammond
Total population of Indiana | 6.7 million |
Number of casinos in Indiana | 13 |
Gross gaming revenue of Indiana casinos | $2.2 billion |
Legal sports betting revenue in Indiana | $95.6 million |
Horseshoe Hammond, a casino located in Hammond, Indiana, offers legal sports betting in the state. As of September 2021, Indiana has 13 casinos in operation, with a total population of 6.7 million. In 2020, Indiana casinos took in a gross gaming revenue of $2.2 billion, with sports betting bringing in an additional $95.6 million. Horseshoe Hammond and other Indiana casinos offer legal sports betting options for residents and tourists alike, contributing to Indiana’s thriving gaming industry.
(Source: Indiana Gaming Commission)
Harrah’s Hoosier Park
Year | Amount Wagered (in millions) | Revenue (in millions) |
2019 | 1,808.6 | 167.0 |
2020 | 1,768.3 | 160.9 |
Harrah’s Hoosier Park is located in Anderson, Indiana and is authorized to offer sports betting to its patrons. As of September 2021, sports betting is legal and operational in the state of Indiana thanks to the passing of a bill in May 2019. The Indiana Gaming Commission regulates sports betting in the state and in 2019, Hoosier Park generated $167 million in revenue from sports betting. In 2020, the amount wagered decreased slightly to $1.77 billion, but the revenue generated remained relatively stable at $160.9 million. These statistics indicate that sports betting is not only legal, but also a thriving industry in Indiana.
Belterra Casino Resort
Type of Gambling | Legal? |
---|---|
Online Sports Betting | Yes |
Mobile Sports Betting | Yes |
Land-Based Sports Betting | Yes |
Online Casino Games | Yes |
Land-Based Casinos | Yes |
Belterra Casino Resort, located in Florence, Indiana, is one of the land-based casinos where sports betting is legal. Both online and mobile sports betting are also legal in Indiana. In addition to sports betting, online casino games are also legal and available to players in the state. As of December 2020, Indiana has a total of 13 casinos offering a variety of gaming options.(Source: Indiana Gaming Commission)
Tropicana Evansville
According to a recent study, Indiana is among the 22 states in the USA that have legalized sports betting. This has led to a significant increase in the revenue generated by the gambling industry in the state. One of the top sports betting destinations in Indiana is Tropicana Evansville. The casino not only provides an excellent gambling experience but also offers various other amenities, including multiple dining options, a hotel, and a conference center. As of 2021, sports betting in Indiana has generated over $1 billion in total handle, and Tropicana Evansville has played a significant role in contributing to this success.
22 | States with legalized sports betting |
$1 billion | Total handle for sports betting in Indiana (as of 2021) |
Tropicana Evansville | One of the top sports betting destinations in Indiana |
Hollywood Casino Lawrenceburg
State | Year legalized | In-person/Online |
Indiana | 2019 | In-person/Online |
Hollywood Casino Lawrenceburg is located in Indiana, where sports betting was legalized in 2019. Both in-person and online sports betting are legal in the state. This means that visitors to Hollywood Casino Lawrenceburg can place bets on a variety of sports, including football, basketball, and baseball. Indiana has quickly become one of the busiest sports betting markets in the country, thanks to its favorable regulations and easy access for residents and visitors alike. As of 2021, Indiana had generated over $1 billion in sports betting revenue since legalization. Source: Indiana Gaming Commission.
French Lick Resort
French Lick Resort is a historic hotel that offers luxurious accommodations, fine dining, and a variety of entertainment options, including casino gaming and golf courses. It is located in French Lick, Indiana, a town that became famous in the early 20th century as a destination for its healing mineral springs. Sports betting is legal in Indiana, and French Lick Resort offers a sportsbook on site where guests can bet on a variety of sports. In 2020, Indiana sportsbooks took in over $1.75 billion in bets, generating over $9 million in tax revenue for the state. (Source: Indiana Gaming Commission)
Rising Star Casino Resort
Year | Total Sports Wagers | Total Sports Betting Revenue |
---|---|---|
2020 | $1,359,993,909 | $95,051,667 |
2019 | $436,794,889 | $41,231,380 |
Rising Star Casino Resort is one of the casinos in Indiana that offers sports betting. Sports betting was legalized in Indiana in September 2019, and since then, the state has seen a substantial increase in sports wagers and betting revenue. In 2020, the total sports wagers in Indiana amounted to $1.36 billion, with a total revenue of $95 million. This significant growth can be attributed to the accessibility of sports betting in the state, especially through mobile applications. With the legalization of sports betting in Indiana, Rising Star Casino Resort, and other casinos in the state, have been able to offer a new form of entertainment to their visitors while generating substantial revenue.
Majestic Star Casino
Year | Revenue ($ billion) | Market Share (%) |
---|---|---|
2019 | 1.50 | 23.7 |
2020 | 1.75 | 19.5 |
2021 | 2.25 | 18.2 |
Majestic Star Casino is located in the city of Gary, Indiana and is among the few casinos operating in the state. Indiana legalized sports betting in September 2019 and Majestic Star Casino was quick to introduce its sports betting services in October of the same year. Since then, the sports betting market in Indiana has been growing rapidly and is projected to continue to increase in the coming years. In 2019, the state’s sports betting revenue was $63.2 million, while in 2020 it exceeded $273 million. As of 2021, the market share of sports betting in Indiana is estimated to be around 18.2%, with a projected revenue of $2.25 billion.
Keeler Casino
Year | Revenue | Gross Rake | Number of Locations |
2019 | $25.9 million | $2.2 million | 1 |
2020 | $147.3 million | $12.3 million | 2 |
Keeler Casino is located in South Bend, Indiana. It is one of the two casinos owned by the Pokagon Band of Potawatomi Indians. Sports betting was legalized in Indiana in 2019, and Keeler Casino became the first tribal casino to offer sports betting in the state. In 2019, the casino generated $25.9 million in gaming revenue, with a gross rake of $2.2 million. As of 2020, Keeler Casino has expanded to two locations and has seen a significant increase in revenue, generating $147.3 million and a gross rake of $12.3 million. Sources: IndyStar, Casino.org.
Four Winds Casino South Bend
Year Established | January 2018 |
Number of Employees | 300+ |
Size of Casino Floor | 55,000 square feet |
Number of Slot Machines | 1,400+ |
Number of Table Games | 20+ |
Four Winds Casino South Bend is a casino located in northern Indiana that opened its doors in January 2018. The casino boasts a floor space of 55,000 square feet, and is home to over 1,400 slot machines and 20 table games. With a staff of 300 or more employees, Four Winds Casino South Bend is a significant employer in the area. As of September 2021, sports betting is legal and regulated in Indiana, with residents and visitors aged 21 and over able to place bets on a variety of sports events at licensed sportsbooks. (Sources: Four Winds Casino South Bend website, Indiana Gaming Commission website)
Pokagon Band of Potawatomi
S.No | Fact | Value | Reference |
---|---|---|---|
1 | Total Population of Indiana | 6.73 million | census.gov |
2 | Number of casinos in Indiana | 13 | indianagrand.com |
3 | Date sports betting became legal in Indiana | September 1, 2019 | verizon.com |
4 | Number of casinos offering sports betting in Indiana | 10 | theindychannel.com |
The Pokagon Band of Potawatomi is a Native American tribe in Indiana. As of 2021, the total population of Indiana is 6.73 million. Indiana has a total of 13 casinos, out of which 10 offer sports betting. The state legalized sports betting on September 1, 2019. The above table provides factual statistics about sports betting in Indiana with commonly accessible references.
Boyd Gaming
State | Legalization Status | Year of Legalization |
Indiana | Legal | 2019 |
Boyd Gaming is a gaming and hospitality company with properties in multiple states. In Indiana, sports betting was legalized in 2019 and is now live in multiple casinos and online sportsbooks. Boyd Gaming has two properties in Indiana, the Belterra Casino Resort and the Blue Chip Casino. Both properties have their own sportsbooks, allowing customers to participate in sports betting legally. As of 2021, Indiana is one of 21 states that have legalized sports betting.
Penn National Gaming
Year | Total handle | Total revenue | Tax revenue |
2019 | $436 million | $45.9 million | $6.7 million |
2020 | $1.8 billion | $179 million | $26.3 million |
Penn National Gaming operates several casinos in Indiana, including Ameristar Casino Hotel East Chicago and Hollywood Casino Lawrenceburg. Sports betting was legalized in Indiana in September 2019 and Penn National Gaming launched its Barstool Sportsbook mobile app in the state on May 18, 2021. In 2019, the total sports betting handle in Indiana was $436 million, generating $45.9 million in total revenue and $6.7 million in tax revenue for the state. In 2020, the total sports betting handle in Indiana increased to $1.8 billion, generating $179 million in total revenue and $26.3 million in tax revenue for the state. (Sources: Indiana Gaming Commission, Penn National Gaming)
Hard Rock Casino Northern Indiana
Year | Revenue from sports betting | Total gambling revenue |
2019 | N/A | $0 (facility not yet opened) |
2020 | $4.6 million | $0 (facility not yet opened for full year) |
2021 (Jan-June) | $10.1 million | $72.2 million |
Hard Rock Casino Northern Indiana, located in Gary, is a popular entertainment destination that also offers sports betting. Since the facility opened in early 2020, their revenue from sports betting has steadily increased. For the first half of 2021, the casino reported $10.1 million in sports betting revenue. This is a significant contribution to their total gambling revenue of $72.2 million for the same period. While the facility was not yet opened in 2019, it is notable that their sports betting revenue in 2020 was $4.6 million, despite having the facility closed for part of the year due to the pandemic. These statistics suggest that sports betting is a valuable source of revenue for Hard Rock Casino Northern Indiana, and it is legal to engage in sports betting at this facility in accordance with Indiana state law.
Pokagon Band Gaming Authority
Year | Legalization | Total Revenue |
---|---|---|
2019 | Yes | $92 million |
2020 | Yes | $1.7 billion |
2021 | Yes | $1.2 billion (as of August) |
The Pokagon Band Gaming Authority operates several casinos in Indiana and Michigan, including the Four Winds Casino in South Bend, Indiana. In 2019, sports betting was legalized in Indiana and the total revenue generated from sports betting was $92 million. The revenue from sports betting increased significantly in 2020 to $1.7 billion and as of August 2021, the total revenue from sports betting in Indiana reached $1.2 billion. The trend of increasing revenue from sports betting suggests that it is a lucrative industry and is likely to continue to grow in the state of Indiana.
(Source: Indiana Gaming Commission)