Daily Archives: September 12, 2023

Indiana sports betting handle level year-on-year at $238m in August

Player spending on sports betting in Indiana remained level year-on-year in August at $238.1m (£191.0m/€222.2m) while revenue dipped slightly.

Monthly handle was in line with the $238.0m reported in August 2022 and 16.8% higher than $203.8m in Indiana in July this year.

Baseball again proved the most popular sport among consumers, attracting $66.8m in bets. Basketball bets totalled $19.8m and football $17.3m, while other sports drew $63.0m in wagers. A further $70.7m was spent on parlay bets.

Taxable adjusted gross revenue in August amounted to $23.5m. This was 7.5% behind the $25.4m posted last year but only marginally less than $23.3m in July 2023.

Blue Chip Casino and FanDuel dominance continues in Indiana

Blue Chip Casino and partner FanDuel continued to lead the market with $8.5m in revenue and a $71.1m handle. Ameristar Casino and DraftKings again had a higher handle of $95.6m but lagged behind in revenue terms with $7.7m.

Belterra Casino and partner FanDuel completed the..

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Colorado sports betting handle dips below $300m in July

Player spending on sports betting in Colorado amounted to $281.1m (£224.7m/€261.8m) in July, the first time the state’s handle fell below $300.0m since August 2022.

Colorado’s betting handle was 8.9% higher than $258.4m in July 2022 but 9.5% behind $310.7m in June this year. July was also the fourth consecutive month of month-on-month betting handle decline for Colorado.

Online betting accounted for $279.4m of all wagers placed during the month. In contrast, just $1.7m was spent betting at retail sportsbooks in Colorado.

Baseball again drew the most bets, with players wagering a total of $104.9m during the month. Basketball was a distant second on $34.5m, then tennis at $33.9m. Players also spent $44.8m placing parlay bets in July.

Revenue rockets 171% month-on-month in Colorado

Gross gaming revenue from betting amounted to $25.0m in July. This was 20.2% ahead of $20.8m in July 2022 and 171.7% more than $9.2n in June this year.

Online revenue for the month in Colorado reached $2..

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West Flagler mulls Supreme Court appeal after rehearing denied

After the DC Circuit Court of Appeals denied West Flagler's rehearing motion, the plaintiff will weigh up whether to appeal the matter to the Supreme Court.

In a one-sentence response to West Flagler’s petition the court denied the motion, in the latest twist for the two pari-mutuel betting operators seeking to challenge the Seminole Tribe of Florida’s compact with the State of Florida.

“Upon consideration of appellees’ petition for rehearing en banc, the response thereto, and the absence of a request by any member of the court for a vote, it is ORDERED that the petition be denied,” read the court’s statement.

West Flagler had been seeking an en banc rehearing, meaning the case would be heard by the entire bench of the court, as opposed to the panel of three that ruled in the original case, West Flagler Associates Ltd vs Haaland.

The outcome of the case saw the Seminoles permitted to offer mobile sports betting statewide by confirming the federal legality of the state’s “hu..

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