Tag Archives: Indiana
US – Gambling tax revenue surges passed $1bn in Indiana
After experiencing negative pandemic related impacts in 2021, Indiana’s casinos posted significant year over year increases that boosted Indiana tax revenues tom the tune of $1bn. Casino wagering and supplemental taxes for 2022 totalled $660m, up 18 per cent from $560m in 2021. Sports betting taxes were up 38 per cent, from $23m in 2021…
US – MaximBet readies for Indiana and Iowa launch
MaximBet has announced that Indiana and Iowa will be its next two states to launch as part of its ongoing national expansion. “Indiana and Iowa represent a prime opportunity for MaximBet to bring its world-class sportsbook and unparalleled real-life experiences to two of the most passionate sports markets in the country,” said Daniel Graetzer, CEO,…
US – Indiana sportsbooks finish 2021 with $463m December
Indiana’s online and retail sportsbooks closed the year with another busy month, producing more than $25m in revenue on more than $460m in wagering in December. Though just short of the record handle reached in November, December’s brisk action capped a groundbreaking year in Indiana that produced nearly $4bn in bets. “This fall has been…
US – Indiana sportsbooks stay hot with fresh round of records in November
Indiana sportsbooks narrowly set a third consecutive monthly betting record with more than $463m in wagers, producing a surge in revenue of nearly $50m. The good times for sportsbooks won’t end anytime soon with college basketball joining football and the NBA in the winter sports mix. “Basketball betting, both college and professional, is more important in Indiana than almost every other legal sports…
US – Indiana Gaming Commission grants Vigo licence to Churchill Downs
The Indiana Gaming Commission has awarded a casino license for Vigo County to Churchill Downs to build and operate the Queen of Terre Haute casino, beating off competition from Full House Resorts. Projects by Hard Rock and Premiere Gaming fell at an earlier hurdle. The Queen of Terre Haute will feature up to 1,000 slot…
US – Indiana sportsbooks enjoy another good month in October
Indiana sportsbooks shattered the state record for betting volume for the second consecutive month by handling more than $460m in October. The surge in betting brought on in part by the year’s first full month of football also made Indiana just the fifth state to reach $5bn in lifetime sports wagers, according to PlayIndiana, which…
US – Full House up 12.6 per cent in third quarter
Full House Resorts, operator of casinos in Mississippi, Colorado, Indiana and Nevada, generated revenues in the third quarter of 2021 of $47.2m, a 12.6 per cent increase from $42m in the prior-year period. Both periods reflect a full quarter of reopened operations, as all of the company’s properties reopened by June 2020 after closing in…
US – Indiana sports betting handles $460m in October
Indiana sportsbooks shattered the state record for betting volume for the second consecutive month by handling more than $460m in October. The surge in betting brought on in part by the year’s first full month of football also made Indiana just the fifth state to reach $5bn in lifetime sports wagers. “Five full weekends of…
US – Eastern Band of Cherokees celebrate Caesars Southern Indiana relaunch
EBCI Holdings held a ribbon-cutting ceremony to celebrate taking over the ownership of Caesars Southern Indiana North Carolina-based Eastern Band of Cherokee Indians. The 110,000-square-foot casino in Elizabeth is EBCI Holding’s first casino acquisition outside of North Carolina. The aim is to own ‘six to eight casinos over the next five years.’ Although there is…
