State of Indiana Gains $1.2 Million of Sports Gambling Tax Revenue in January

Here’s the new update of sports gambling revenue for the month of January.

Sports gambling continues to grow in Indiana, and the state continues to benefit.

The Indiana Gaming Commission says Hoosiers bet nearly $178 million in the month of January, which is $16 million more than December. From that money, the state raked in $1.2 million in tax revenue.

Gaming analysts say 72% of the bets came from Hoosiers gambling on their phones, compared to 28% placing bets at a casino. DraftKings sportsbook was the most popular app, taking in $73 million in sports bets in Indiana. FanDuel was second, making $52 million in sports wagers.

Source: 99.5 WVIG




Published by Hoosier Econ

Located out of Central Indiana. Blogger of economics, politics and societal trends.

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