Indiana has grown into a powerhouse of Midwest sports betting, consistently posting billions in annual handle since its launch. Each month, the Indiana Gaming Commission publishes detailed reports on handle, GGR, hold %, and taxes, making it one of the most transparent markets in the country. Our page organizes and analyzes this verified data so researchers and journalists can track Indiana’s steady climb.
Revenue Insights
$531.8M Handle
Football Fever
Parlay Power
Balanced Market
Sports Betting in Indiana
Indiana launched legal sports betting in September 2019, quickly establishing itself as one of the Midwest’s most active markets. The state benefits from a competitive landscape with multiple online operators and strong participation from retail sportsbooks located in casinos and racinos. Football and basketball seasons traditionally drive the highest wagering volumes, while March Madness provides a significant annual boost due to the state’s deep basketball culture. The tax rate of 9.5% on adjusted gross revenue has generated substantial funding for the state, supporting both general and dedicated public initiatives. Despite seasonal fluctuations, Indiana’s hold percentage has remained relatively stable, and operators continue to see strong engagement from bettors across the state.
Want to find the most trusted sportsbooks in Indiana? Check out our data-driven reviews.
Annual Sports Betting Growth in Indiana
Data is pulled directly from the Indiana Gaming Commission Annual Reports
Source:
RG
Monthly Sports Betting Growth in Indiana
Data is pulled directly from the Indiana Gaming Commission Monthly Reports
Source:
RG
Indiana Sports Betting revenue Performance
Indiana’s betting market has shown consistent expansion since its 2019 launch, supported by a balanced mix of retail and online betting options. Below are the full historical and year-to-date figures.
Indiana Sports Betting Revenue (2019–2024)
| Handle ($) | GGR ($) | Hold % | Tax Revenue ($) |
|---|---|---|---|
| 435,996,520.00 | 41,576,946 | 0.1244 | 3,931,772.00 |
| 1,769,270,606.00 | 136,395,416 | 0.0757 | 13,165,417.00 |
| 3,829,411,987.00 | 308,304,353 | 0.0815 | 29,089,084.00 |
| 4,467,882,215.00 | 386,888,311 | 0.0882 | 36,797,945.00 |
| 4,337,817,508.00 | 404,363,766 | 0.0950 | 38,417,065.00 |
| 5,212,332,663.00 | 484,278,307 | 0.0948 | 46,245,605.00 |
Indiana Sports Betting Revenue (Jan–Jun 2025)
| Month | Handle ($) | GGR ($) | Hold % | Tax Revenue ($) |
|---|---|---|---|---|
| Jan | 538,705,451.00 | 55,066,011.00 | 10.22 | 5,231,271.00 |
| Feb | 432,889,381.00 | 47,745,086.00 | 11.03 | 4,535,784.00 |
| Mar | 553,578,453.00 | 35,789,455.00 | 6.47 | 3,399,998.00 |
| Apr | 437,099,849.00 | 40,165,026.00 | 9.19 | 3,815,678.00 |
| May | 433,271,496.00 | 43,777,883.00 | 10.10 | 4,158,899.00 |
| Jun | 351,462,412.00 | 45,341,194.00 | 12.90 | 4,307,414.00 |
| Jul | 284,895,675.00 | 34,447,023.00 | 12.09 | 3,272,737.00 |
| Aug | 361,145,386.00 | 45,512,936.00 | 12.60 | 4,323,729.00 |
| Sept | 531,837,835 | 42,691,071 | 8.03 | 3,965,652 |
Latest Updates in Indiana Sports Wagering
- May 28, 2025 – Indiana announces that hundreds of sports-betting-related companies will not need licensing starting July 1. (Louisville Public Media)
- May 2019: Indiana enacted a state gambling law, HB 1015, which established a comprehensive framework for online sports betting and land-based gambling in Indiana, creating a solid legal and administrative foundation for sports wagering. (LegiScan, 2019)
- September 2019: First retail sportsbooks open.
- October 2019: Online sports betting officially begins.
- December 31, 2020: Indiana completes its first year with a sports betting handle exceeding $1 billion.
- December 31, 2023: Indiana demonstrates remarkable growth with its first year with over $4 billion in bets.
- July 10, 2024: The state gambling industry is rocked by scandal as state Rep. Sean Eberhart is sentenced to 12 months and a day in federal prison in a casino corruption case. (IndyStar, 2024)
Indiana Snapshot
| Key Aspect | Details |
|---|---|
| Population | Approximately 6.9 million residents as of 2024. (World Population Review, 2024) |
| Political Affiliation | Heavily Republican, the state has a Republican trifecta, controlling the governorship and both legislative chambers. (270towin.com 2024) |
| Year Sports Betting Legalized | Legalized on May 13, 2019. Retail sports betting has been active since September 2019, with online and mobile betting apps becoming available in October 2019. (American Gaming Association, 2024) |
| Number of Sportsbooks Operating | 11 licensed operators, including market leaders like DraftKings, BetRivers, Hard Rock Bet, BetMGM, FanDuel, and Caesars, and 15 retail sportsbooks. |
| Professional Sports Teams | Indiana has two major professional teams, both based in Indianapolis. The state's NBA team is the Indiana Pacers, and its NFL franchise is the Indianapolis Colts. |
FAQs
General Information
When was sports betting permitted in Indiana?
Sports betting was permitted beginning on September 1, 2019.
How many sportsbooks operate in Indiana?
There are 12 online sportsbooks operating in the state: Caesars, BallyBet, FanDuel, BetMGM, DraftKings, bet365, ESPN Bet, Betway, Fanatics Sportsbook, BetRivers, Hard Rock Sportsbook, and SBK Sportsbook. There are also 15 retail sportsbooks in the Hoosier State.
Market Data
What was Indiana’s total sports wagering handle in 2023?
According to Indiana Gaming Commission reports, the state reported a wagering handle of $$4,337,817,508.00 in 2023.
How much revenue was generated in 2023?
Indiana's gross gaming revenues in 2023 reached $404,363,766.00, and more than $38 million in taxes were collected.
Trends and Insights
What are the most popular sports for wagering?
Football leads in wagering, with NFL and college games being the most bet-on events.
What is covered on this page?
This page provides a breakdown of Indiana's sports betting market, including handle, revenues, and operator updates, all backed by official reports. (Indiana Gaming Commission, 2024)
