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Even though Indiana casinos and sportsbooks took a step back in June, state coffers managed to come out on the positive side.
The latest report from the Indiana Gaming Commission shows while the 12 casino operators reported $189 million in adjusted gross revenue (AGR), it was down from the $191.8 million generated in May.
However, despite low revenue numbers, casino operators managed to contribute more than $66 million in total tax revenue.
Indiana tax revenue up in June
The 13 Indiana sports betting operators contributed more than $1.8 million in taxes for the month, while casinos added $58.5 million. The result is $66.9 million in gaming taxes (including $4 million in supplemental taxes) in June, up from the $65.3 million collected in May.
The spike in tax revenue is a result of decent revenue numbers for casino operators.
In June, Hard Rock Casino Northern Indiana and Horseshoe Indianapolis took the top honors with $34.1 million and $26.8 million, respectively.
The top five operators by AGR in June were:
- Hard Rock – $34.1 million
- Horseshoe Indianapolis – $26.8 million
- Horseshoe Hammond – $22.5 million
- Caesars Southern Indiana – $18.3 million
- Harrah’s Hoosier Park – $18.2 million
Indiana sports betting takes a step back
In May, Indiana sportsbooks generated $283.4 million in sports betting handle, an annual decrease of 9.1% compared to May 2022. Unfortunately, there aren’t many sports options to bet on in June.
As a result, sports betting handle in June topped out at $224.1 million.
Breaking down handle by sport paints a clear picture of what Hoosier State residents and guests are betting on.
Handle by sport:
- Football – $1,638,998
- Basketball – $24,074,687
- Baseball – $64,985,977
- Parlay – $81,990,091
- Other – $51,007,832
- TOTAL – $223,697,585
The top online earner for June remains the DraftKings Sportsbook, which generated over $87 million in betting handle. Its partner, Ameristar Casino collected $1.2 million in retail sports betting handle.
DraftKings competition, the FanDuel Sportsbook, generated $69.4 million in online handle, and $385,923 in retail handle, good for second.
Lastly, the Hard Rock Sportsbook generated a mere $2.7 million in online handle, which was good for third in the state.
