INDIANAPOLIS State data shows sports betting is on the rise in Indiana.
In the midst of football season, big wins in Indiana dont just happen on the field. Theyre also found at businesses like Winners Circle in downtown Indianapolis, where Hoosiers are gambling on this weeks games.
I found out that the game really doesnt mean anything unless youve got a little bit on it, said Rick Stahl, who lives in Indianapolis. Its a little bit exciting.
At Winners Circle, sports betting has become at least half of the business, according to general manager Jarrod Rogers.
In September, Winners Circle saw a 25% increase in sports betting wagers compared to September 2020, Rogers said.
The restrictions for COVID have lessened some, and so were able to operate at a fuller capacity, Rogers said. We also have more kiosks up and going. We have more ticket writers up and going.
Data from the Indiana Gaming Commission shows some of the statewide gains in sports gambling.
September 2021 saw a 3% increase in in-person wagers and an 85% increase in wagers placed online compared to the same month last year.
For that same time frame, gross receipts, or the amount of money exchanged between customers and sportsbook operators, grew 65% for brick-and-mortar operations and 265% online.
Sports wagering tax revenue collected by the state more than doubled, with a 137% increase, year-over-year for the month of September.
Its exploded, said Jimmy Allen, Indiana area manager for Caesars Sportsbook. We went live two years ago with it. And everybody kind of was jumping in and getting their feet wet. And then the mobile apps started to hit.
Sports gaming businesses have spent a lot of time and effort and money to try to market themselves to consumers, so I think theres probably a growing consumer awareness, said Nathaniel Grow, associate professor of business law and ethics for the IU Kelley School of Business.
Grow said he expects the rise in sports betting to continue, especially online.
Given the pandemic and given the ease of just firing up an app on your cell phone and placing a bet, I think thats probably where the bulk of the future growth is, he said.
According to state officials, 75% of the tax collected from sports gambling goes to the states general fund, and the other 25% goes toward prevention and treatment of compulsive gambling.
If you or someone you know struggles with compulsive gambling, resources can be found here.
More here:
Sports betting on the rise in Indiana, data shows - Fox 59
- Iowa-based athletes in betting inquiry sue, say rights violated - ESPN - April 29th, 2024 [April 29th, 2024]
- Roger Goodell tries to reconcile the NFL's embrace of sports betting - NBC Sports - April 29th, 2024 [April 29th, 2024]
- Shedeur Sanders is the betting favorite to go first overall in the 2024 NFL draft - Yahoo Sports - April 29th, 2024 [April 29th, 2024]
- In its second full year, mobile sports betting in Arkansas is set to make over $500 million dollars | Arkansas Democrat ... - Arkansas Online - April 29th, 2024 [April 29th, 2024]
- Rhode Island sports betting revenue dips in March despite handle increase - iGaming Business - April 29th, 2024 [April 29th, 2024]
- Nevada Sports Betting Handle Fails To Hit $800 Million For March - Sports Handle - April 29th, 2024 [April 29th, 2024]
- ESPN BET Vermont Promo Code For April 29th, 2024: Everything You Need to Know - Bookies.com - April 29th, 2024 [April 29th, 2024]
- Minnesota senator's arrest could upend sports betting, other bills - iGaming Business - April 29th, 2024 [April 29th, 2024]
- An Under In A Braves Game? It Could Happen Tonight - Outkick - April 29th, 2024 [April 29th, 2024]
- BetMGM Bonus Code BOOKIES: Get Up To $1,500 In Bonuses On April 28th, 2024 - Bookies.com - April 29th, 2024 [April 29th, 2024]
- Boston Celtics vs Miami Heat Odds, Picks, Props & Injury Reports for Game 4 - Sports Betting Dime - April 29th, 2024 [April 29th, 2024]
- Thanks to NCAA Tournament, Delaware sees uptick in sports betting numbers in March - Delaware First Media - April 29th, 2024 [April 29th, 2024]
- The impacts of banning bonuses on the sports betting and online gaming market in Brazil - Games Magazine Brasil - GAMES MAGAZINE BRASIL - April 29th, 2024 [April 29th, 2024]
- Elon faculty featured in FOX8 report on legalized sports betting in N.C. - Today at Elon - April 29th, 2024 [April 29th, 2024]
- NASCAR Dover 2024 Weekend Betting Recap I NASCAR Gambling Podcast (Ep. 401) - SGPN - April 29th, 2024 [April 29th, 2024]
- MLB Betting and DFS Podcast: The Solo Shot, Monday 4/29/24 - FanDuel Research - April 29th, 2024 [April 29th, 2024]
- Iowa athletes file federal lawsuit against DCI over sports betting probe - The Gazette - April 29th, 2024 [April 29th, 2024]
- Fanatics Sportsbook North Carolina Promo: Bet And Get $1K In Bonuses For April 29th, 2024 - Bookies.com - April 29th, 2024 [April 29th, 2024]
- The Coyotes Are Now Inactive. Their Sports Betting License Is Not - Sportico - April 29th, 2024 [April 29th, 2024]
- DraftKings $200 Promo Code: Bet $5, Get $200 In Bonuses On April 29th, 2024 - Bookies.com - April 29th, 2024 [April 29th, 2024]
- SeguroBet sees sports betting and iGaming strengthened after participation in BiS SiGMA Americas - Games Magazine ... - GAMES MAGAZINE BRASIL - April 29th, 2024 [April 29th, 2024]
- Iowa College Athletes Going to Federal Courts Over Sports Betting Violations - OddsShopper.com - April 29th, 2024 [April 29th, 2024]
- What are the Main Differences Between Esports and Traditional Sports Betting? - Esports News UK - April 29th, 2024 [April 29th, 2024]
- Iowa athletes file federal lawsuit against DCI after sports betting investigation - UI The Daily Iowan - April 29th, 2024 [April 29th, 2024]
- Minnesota Timberwolves vs Phoenix Suns Game 4 Predictions, Player Props & Odds (April 28) - Sports Betting Dime - April 29th, 2024 [April 29th, 2024]
- Sports betting CPI hears from Brazilian Footbal Confederation representatives this Monday - Games Magazine Brasil - GAMES MAGAZINE BRASIL - April 29th, 2024 [April 29th, 2024]
- NBA Betting Promos For Heat vs. Celtics, Game 4 - Winners and Whiners - April 29th, 2024 [April 29th, 2024]
- Betway Sportsbook Promo Code: Grab A First Bet Reset Of Up To $250 For NBA On April 29th 2024 - Bookies.com - April 29th, 2024 [April 29th, 2024]
- Kentucky Derby Projected to Receive More Attention in 2024 - Covers - April 29th, 2024 [April 29th, 2024]
- 38 states rake in millions in sports betting while Oklahoma still waits for legalization - KOKI FOX 23 TULSA - March 29th, 2024 [March 29th, 2024]
- Sports Betting Scandals Are Piling Up. What It Means for Gambling Stocks. - Barron's - March 29th, 2024 [March 29th, 2024]
- Sports betting: How gambling can impact the integrity of the game - WRAL News - March 29th, 2024 [March 29th, 2024]
- A new coalition wants to address the risks of youth sports betting in Massachusetts - Boston Herald - March 29th, 2024 [March 29th, 2024]
- A Better East Texas: Professional sports betting scandals - KLTV - March 29th, 2024 [March 29th, 2024]
- Sports betting won't be legal in Georgia after lawmakers couldn't agree on how to spend taxes - goskagit.com - March 29th, 2024 [March 29th, 2024]
- Sports betting bill will help MN veterans, charities - ECM Publishers - March 29th, 2024 [March 29th, 2024]
- Sports betting won't be legal in Georgia after lawmakers couldn't agree on how to spend taxes - Bowling Green Daily News - March 29th, 2024 [March 29th, 2024]
- NCAA set to push states with legalized sports betting to ban prop bets for all college sporting events - Yahoo Sports - March 29th, 2024 [March 29th, 2024]
- Sports betting addiction on the rise - Toledo - WTVG - March 29th, 2024 [March 29th, 2024]
- Pritzker eyes bigger piece of Illinois sports betting action after 4 booming years - WVIK - March 29th, 2024 [March 29th, 2024]
- All Eyes on Georgia Sports Betting During Final Legislative Day - Sports Betting Dime - March 29th, 2024 [March 29th, 2024]
- Best North Carolina sports betting promos for UNC vs. Alabama in Sweet 16: Claim thousands in NC sportsbook ... - Sporting News - March 29th, 2024 [March 29th, 2024]
- South Carolina Sports Betting 2024: Best SC Sportsbooks - The Hudson Reporter - March 29th, 2024 [March 29th, 2024]
- A Better East Texas: Professional sports betting scandals - KTRE - March 29th, 2024 [March 29th, 2024]
- Sports betting hits ground running | wltx.com - WLTX.com - March 29th, 2024 [March 29th, 2024]
- North Carolina reports nearly $200m in handle in first week of legalized sports gambling - EGR Global - March 29th, 2024 [March 29th, 2024]
- I got over 100 messages telling me I suck: UNC basketball star concerned with hate messages after sports betting takes off - WGHP FOX8 Greensboro - March 29th, 2024 [March 29th, 2024]
- Fanatics replaces PointsBet in Kansas - Sports betting - iGB - iGaming Business - March 29th, 2024 [March 29th, 2024]
- Sports betting addiction on the rise - Wichita - KWCH - March 29th, 2024 [March 29th, 2024]
- 'March Madness' Sports Betting Is Big Business - Investopedia - March 29th, 2024 [March 29th, 2024]
- Get $250 in bonus bets for UNC vs. Alabama with this NC sports betting bonus before tonight's 9:39 p.m. ET tip-off - syracuse.com - March 29th, 2024 [March 29th, 2024]
- IGA executive director confident of California sports betting with tribal help - iGaming Business - March 29th, 2024 [March 29th, 2024]
- Georgia Sports Betting Legislation Fails Once Again - Winners and Whiners - March 29th, 2024 [March 29th, 2024]
- Sports betting won't be legal in Georgia after lawmakers couldn't agree on how to spend taxes - The Caledonian-Record - March 29th, 2024 [March 29th, 2024]
- Sports Betting Scandals: Ohtani Fallout and NCAA Prop Betting Ban - SportsGrid - March 29th, 2024 [March 29th, 2024]
- Sports gambling has gotten out of control - The Philadelphia Inquirer - March 29th, 2024 [March 29th, 2024]
- Best Sports Betting Apps in the US in March 2024 - Gaming Today - March 29th, 2024 [March 29th, 2024]
- Survey finds majority of Canadians want immediate nationwide sports betting ad ban - EGR Global - March 29th, 2024 [March 29th, 2024]
- Authorizing sports betting in Georgia may lack needed votes from lawmakers - goskagit.com - March 29th, 2024 [March 29th, 2024]
- Sports Betting is coming to NC in one month - WWAY NewsChannel 3 - February 13th, 2024 [February 13th, 2024]
- $3.5 million wagered across Maine in first Super Bowl since launch of online sports betting - Maine Public - February 13th, 2024 [February 13th, 2024]
- Sports Betting Bill Clears Another Missouri House Committee - Covers - February 13th, 2024 [February 13th, 2024]
- I-TEAM: Sports Betting/Online Gambling Addictions growing on CT college campuses - Eyewitness News 3 - February 13th, 2024 [February 13th, 2024]
- Ohio gamblers place more than $7.6B in bets in first year - Dayton Daily News - February 13th, 2024 [February 13th, 2024]
- Sports betting in Minnesota: What are the odds it becomes legal? - KARE11.com - February 13th, 2024 [February 13th, 2024]
- North Carolina Issues First Batch of Sports Betting Licenses to Suppliers - Covers - February 13th, 2024 [February 13th, 2024]
- Will Kentucky cover the spread vs. Ole Miss? Betting Trends, Record ATS - WYMT - February 13th, 2024 [February 13th, 2024]
- NFL Playoffs Fuel Record-Breaking Contributions From Maryland's Sports Betting - Bay Net - February 13th, 2024 [February 13th, 2024]
- Will Louisville cover the spread vs. Boston College? Betting Trends, Record ATS - WYMT - February 13th, 2024 [February 13th, 2024]
- BetMGM and X Sign Exclusive Sports Betting Partnership - PR Newswire - February 13th, 2024 [February 13th, 2024]
- Gambling disorders on the rise nationwide after legalization of sports betting - Q2 News - February 13th, 2024 [February 13th, 2024]
- Why US sports betting could become a $45 billion business - Goldman Sachs - February 13th, 2024 [February 13th, 2024]
- Will Colorado State cover the spread vs. San Diego State? Betting Trends, Record ATS - Wyoming News Now - February 13th, 2024 [February 13th, 2024]
- Will Michigan cover the spread vs. Illinois? Betting Trends, Record ATS - WLUC - February 13th, 2024 [February 13th, 2024]
- Are the Suns favored vs. the Kings on February 13? Game odds, spread, over/under - WYMT - February 13th, 2024 [February 13th, 2024]
- With three months in the books, Maine sports betting readies for Super Bowl - Press Herald - February 13th, 2024 [February 13th, 2024]
- Sports betting is coming to X as Musk's site partners with BetMGM - Washington Times - February 13th, 2024 [February 13th, 2024]
- Hard Rock Bet Promo Code: Sign Up And Claim $100 In Bonuses - RotoWire - February 13th, 2024 [February 13th, 2024]
- Will North Carolina cover the spread vs. Syracuse? Betting Trends, Record ATS - KNOP - February 13th, 2024 [February 13th, 2024]
- State Rep. Blackshear: 'Nave' to think sports betting isn't already taking place in Alabama - Yellowhammer News - February 13th, 2024 [February 13th, 2024]