Indiana Marks One Year Anniversary With 22.3 Percent Growth in September Handle

Indiana Marks One Year Anniversary
  • The handle from September marks a 22.3% growth from this time last year when sports betting was legalized in Indiana. 
  • The increase in sports betting handle from August to September signals a return to pre-COVID betting confidence in IN. 
  • The numbers published today reflect the same rebound trend seen in other states such as NJ, which saw a 111.97% increase from July to August.

It’s been a rocky road for states that have legalized sports betting with the COVID crisis wreaking havoc on bettor confidence on the amount and size of wagers they were placing in states across the United States earlier this year. This increase in the anniversary month of legalization of sports betting in the state solidifies the recovery trend for an industry that is only a year old in the state.

Indiana Surpasses Pre COVID Numbers

Bettor confidence in Indiana bottomed out in April this year during the midst of the COVID pandemic but has been rebounding steadily since July. This latest report by the Indiana Gaming Commission solidifies the growth trend in concurrence with the return of the NFL and also marks the one year anniversary for legal sports betting in Indiana.

This growth mirrors the handle numbers coming out of New Jersey where the recovery in their sports betting industry has been underway since May.

Month Total Handle Percentage Change From Previous Month
January $171,049,250 +5.7%
February $187,186,221 +9.4%
March $74,818,802 -60.0%
Aprils $26,304,128 -64.8%
May $37,334,940 +41.9%
June $29,783,580 -20.2%
July $70,876,622 +137.9%
August $169,018,238 +138.4%
September $206,794,405 +22.3%

What Is in the Future for Indiana’s Sports Betting Industry?

Bettor confidence in regards to how much and how often they feel safe to wager their money is a clear temperature test for the economy as a whole as it singles out consumer financial confidence in a way that only the stock market has previously been able to do.

At this time with handles in legalized states across the country rising uniformly it seems almost a certainty that the growth in Indiana will continue unabated into the future with no plateau in sight. That is, as long as there isn’t a second wave of corona that will bring on more and more canceled games, an unfortunate likelihood that seems to be more and more likely with each passing week of the NFL.

It seems that Indiana is on track to continue their handle amount into the future raising questions as to how much would have been wagered this year by this time if the COVID-19 pandemic had never happened.

We've been featured on:
espn logo
reuters logo
cbs-news logo
forbes logo
entrepreneur logo
entrepreneur logo
We only list licensed sportsbooks
WorldSportsNetwork
WorldSportsNetwork
WorldSportsNetwork
WorldSportsNetwork

© Rebel Penguin ApS 2023 (a subsidiary of Gaming Innovation Group Inc.)

We support responsible gambling. If you feel like you're losing control over your gambling experience, call 1-800-GAMBLER (NJ, PA, WV), 1-800-9-WITH-IT (IN), 1-800-BETS-OFF (IA), 1-800-522-4700 (NV), 1-800-522-4700 (CO, TN), 1-855-2CALLGA (IL), 1-800-270-7117 (MI).

WSN.com is registered with the New Jersey Division of Gaming Enforcement (DGE) under affiliate vendor ID 89744, with the Indiana Gaming Commission (IGC) under certificate of registration number SWR-000148, approved by the Pennsylvania Gaming Control Board as a gaming service provider, under certificate registration number 117656-1, possesses a Vendor Minor sports betting license from the Colorado Limited Gaming Control Commission (account number 94414163), granted a vendor registration number VR007603-20-001 by the Michigan Gaming Control Board, an interim Sports Wagering Supplier license, under license number SWS 066, issued by the West Virginia Lottery Commission, a sports betting vendor registration, under registration number #100400, issued by the Director of Gaming Licensing and Investigations of the Virginia Lottery to operate in the State of Virginia, and a Vendor Registration issued by the Sports Wagering Committee of the Tennessee Education Lottery Corporation.

Advertising disclosure: WSN contains links to online retailers on its website. When people click on our affiliate links and make purchases, WSN earns a commission from our partners, including ESPN and various sportsbooks.