Connect With Us

Inside INdiana Business
Subscribe Now Log In
  • Home
  • News
    • Education
    • Health
    • Tech
    • STEM
    • Advanced Manufacturing & Logistics
    • Life Sciences
    • Ag INnovation
    • INPower
  • Videos
  • Big Wigs
    • Submit Big Wigs
  • Events
    • Engage Southwest Indiana – Evansville
    • Engage Northwest Indiana – Valparaiso
    • Engage Greater Lafayette – West Lafayette
    • Engage West Central Indiana – Terre Haute
    • Engage South Bend – Elkhart
    • Engage Northeast Indiana – Fort Wayne
    • Engage Central Indiana – Indianapolis
  • Newsletters
  • Podcasts
  • On-Air
    • TV & Radio Listings
  • Contact
    • About IIB
    • Meet the Team
    • Contact Us
    • Advertise
    • Gift Cards
    • Flagship Stations
    • Gerry’s Message
    • Speaking Engagement Request

Connect With Us

Sportsbooks Ticked Lower in April

Thursday, May 12, 2022 06:10 PM EDT Updated: Thursday, May 12, 2022 06:29 PM EDT
By Wes Mills
(image courtesy: Pexels.com)

Indiana’s sportsbooks ticked lower in April, following a big run during the first three months of the year. The state’s online and retail sports wagering generated $360 million in bets last month, generating $2.7 million in state revenue.
In March, Indiana sports bettors wagered nearly $479 million, according to data from the Indiana Gaming Commission.

Analysts from PlayIndiana.com say April marks the beginning of a seasonal ebb in sports betting that typically lasts until football season.

“Indiana is among the most mature markets in the U.S., but sportsbooks continue to post impressive year-over-year gains, month after month. Even with some economic headwinds, this annual growth should continue through the summer,” said Eric Ramsey, an analyst for PlayIndiana.com.

Despite the drop, sports betting volume in April gained more than 50% year over year, according to PlayIndiana. In April 2021, bettors placed $236 million in wagers.

Story Continues Below

Most Popular Stories

  • FDA rejects Lilly drug for eczema due to inspection issues

  • Arquettes serving as Visiting Experts in Residence at Ball State

  • Connersville Care Pavilion to change ownership this month

  • Manchester marks final beam for $20M health hub expansion

  • Study outlines impact of 122nd Fighter Wing

  • Helping Indiana high schools tackle the loneliness epidemic 

Perspectives

Helping Indiana high schools tackle the loneliness epidemic 

Helping Indiana high schools tackle the loneliness epidemic 

As administrators and teachers tackle another post-pandemic school year, they are concerned about the overall wellbeing of their students. They see firsthand what U.S. Surgeon General Dr. Vivek Murthy calls an “epidemic of loneliness and isolation” and they want more resources to help them meet this moment. ...

Inside INdiana Business

Inside INdiana Business
A division of IBJ Media

1 Monument Circle, Suite 300
Indianapolis, IN 46204

PHONE: (317) 634-6200

FAX: (317) 263-5060

NEWSLETTER@IIBNEWS.COM

  • Home
  • News
  • Videos
  • Gerry Dick
  • Newsletters
  • On-Air
  • Contact

Copyright © 2023 All Rights Reserved Privacy Policy | Terms of Service