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Indiana Sportsbook Industry Sets Record in December

The Indiana Sportsbook Industry has a good reason to celebrate. For the first time, Indiana’s sports betting handle hit the $300 million mark, a good number to end the year with. To be specific, the state has a $313.1 million handle. This is 62% higher than November’s $251.4 million. If we compare it to December 2019, December 2020’s handle is 112.6% higher than the previous year’s $147.3 million.

Of course, using gambling software, specifically online sportsbooks, is a key factor in getting a high handle, even during a pandemic. The total mobile sports betting handle for the state is $269.2 million. This is 26% higher than November’s $213.7 million, and 179.8% million higher than December 2019’s $96.2 million. Of course, mobile sports betting dominates the market, taking in 86% of the total wagers for the month.

Indiana Sportsbook Industry

The adjusted gross revenue for sports betting in Indiana for December is $24.3 million. It is a bit lower than November 2019’s $25.3 million. But, the state’s numbers for the month is 161.4% higher than the same month of the previous year’s $9.3 million. Football is the most popular sport, with a handle of $101.8 million. This includes both college football and the NFL. Basketball also did well, with a $89.7 million handle.

But the monthly handle is not the only record that Indiana sets in 2020. The state has a total of $1.8 billion in handle for 2020. This makes them one of the few states in the US to reach the billion-dollar handle. As a state that is continuing to develop its gambling market, they are a good indicator that the gambling industry is healthy. In fact, its easy for those who are learning how to be a successful bookie, thanks to the popularity of online sports betting across the country.

The post Indiana Sportsbook Industry Sets Record in December appeared first on PricePerPlayer.com.



This post first appeared on How To Be A Successful Bookie, please read the originial post: here

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Indiana Sportsbook Industry Sets Record in December

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