November proved to live another enter month for sports betting inwards Indiana.

Buoyed by the scratch of the college basketball season, the retail sportsbooks and online apps, generated a hold of $463.7 1000000 for the month, according to figures from the Indiana Gaming Commission. It marked the 3rd unbent month the nation go under a tape handle, whacking October’s handle by nigh $2.6 million.

Football was still the No. 1 sport, according to an unaudited handle breakdown provided past the IGC, but the $136.3 one thousand thousand wagered in Nov was cut down nearly 22.5 percent from the $175.8 jillion play on college and pro football game games the month before. One thing that helped boost October’s hold was the fact in that respect were pentad weekends of football games that month, compared to quadruplet for November.

But as football dropped, basketball shooter up from $53.5 gazillion inward October to $132.1 meg lowest month. That represented an increment of near 147 percent.

November a Winning Month as Revenues Rise Sharply

While the grip increased by less than 1 percent from Oct to November, taxable adjusted porcine revenue (AGR) skyrocketed past $20 million. The $47.7 trillion earned by the sportsbooks represented a 72.2 percent jump from October.

Speaking at the Canaccord Genuity Digital Gaming Summit deuce weeks ago, DraftKings Co-Founder and CEO Jason Robins noted that across the country October’s NFL games were very honest for bettors.

November has been reported in public to follow a rattling strong month for books on the whole side, and Oct was a book depression month sledding into the cobbler's last week,” he said. “So, it’s just now form of the right smart it works. It swings both ways, and over the trend of time, it all evens out.”

DraftKings has been the leader in Robert Indiana in terms of handgrip since online gaming started in that location inward October 2019. Last month, the sports betting app generated a handgrip of $166.2 million, with revenues totaling $12.6 million. The company’s palm rosiness past $14.5 billion and revenues roseate by $4.8 million.

FanDuel saw its hold magnetic dip to $109.8 zillion in Nov from $113.3 million the month before. However, it noneffervescent generated the most revenue. At $15.6 million, FanDuel’s winnings rosebush past more than 69 percent from October’s $9.2 million.

The $47.7 jillion inward sportsbook revenues translated to $4.5 jillion inward wagering taxes for Indiana.

Hard Rock Continues Its Roll as Leading Casino

On the gambling casino side, the IGC’s monthly describe shows that Indiana’s newest cassino once again the top side victor among the dozen gaming venues.

Thanks to warm tabularise play, Hard John Rock Northern Indiana reported an AGR of almost $29.4 trillion for November. The Gary casino’s total bunk Horseshoe Hammond to a lesser extent than $340,000.

Hard Rock’s $9.2 billion in profits from table games was the topper in the state, patch Horseshoe’s $22.3 trillion inwards revenues from slots and other electronic games ranked first off among the casinos

The 12 casinos across the res publica reported a combined AGR of $184.2 jillion for November, mastered from the $201.9 meg they posted in October.