The Indiana Gaming Commission revealed on Tuesday that the Hoosier State set new all-time highs in sports betting handle and revenue for the month of September 2021.
According to the IGC, legal Indiana sports betting amassed a total betting handle of more than $355.4 million, eclipsing the previous standard of $348.2 million which was recorded in January 2021. A new record of $33.9M in taxable adjusted gaming revenue for the month of September was also reported.
Second Straight Month of Positive Numbers
With those figures, Indiana has recoded its second straight month of positive numbers. Hoosier State sports betting saw a 10.9% increase in August. It followed that up with a massive 64.8% increase from the August numbers which the gaming agency attributed to the start of the 2021 NFL season.
The IGC expects an even larger figure for October 2021 with the NFL season in full swing. MLB betting is also expected to kick into high gear with the playoffs underway. Likewise, the NBA season is set to begin this month, with the Indiana Pacers making their season debut on October 20 in Charlotte. The Pacers play their first home game against the Miami Heat on October 23.
Online Sports Betting Also Sets a Record
The September 2021 online betting handle of $326.6 million also broke the January 2021 record of $303 million. Last month’s mobile betting total was up 63.5% from the previous month total of $199.7 million. Compared with the September 2020 figures of $178.9 million, the latest month’s results was 82.5% better.
As a result, the State received a total of $3.2M in taxes, marking the first time that it has gone past the $3 million mark since legal Indiana sports betting launched in September 2019. A total of $19.5 million in taxes have been paid this year which represents more than half of the total $36.6 million remitted since its launch.