Friday, December 9, 2022
spot_img

Indiana generates 221 7m in gaming revenue for April

Indiana’s sports betting and casino industries generated revenue surpassing $221.7m this April. 

Hard Rock Casino Northern Indiana generated the highest adjusted gaming revenue (AGR) from a single venue, at $36.6m.  

The casino also saw the highest amount of total table wins, with $12.7m made for April. 

The greatest wins from slots came from Horseshoe Indianapolis, at $23.4m, while another Horseshoe casino, Horseshoe Hammond, had the greatest amount of taxable AGR, with $29.8m eligible for tax. 

The total tax generated from sports betting and casino games surpassed $74.2m for April, with Horseshoe Hammond understandably generating the highest amount of tax at $11.2m; $10.4m of which was made up by wagering tax. 

In terms of tax generated from sports wagering, Blue Chip Casino generated the highest amount; $1.2m from $11.4m of taxable AGR. 

Horseshoe Hammond’s generated tax has taken its year-to-date total to $97.2m, the highest generated year-to-date tax of any Indiana-based venue. Horseshoe’s Indianapolis venue also brought in a substantial $67.2m in tax for the state of Indiana, $66.7m of which came from wagering tax.  

The casino operator has contributed significantly to the state’s $552.9m in total tax generated for the year, from all sports betting and casino venues. 

Horseshoe will be hoping its baccarat offering remains as popular as it was this April, which handled $11.5m in bets this April. Its blackjack offering was strong too, with a table drop of $8m in April 2022. 

Despite the strength of Horseshoe, however, Blue Chip Casino generated the greatest handle of $112.4m in sports wagering for the month, with Ameristar not far behind with handle of $101.6m this April. 

As Chelsea and Liverpool prepare to face off in Saturday’s FA Cup final, Gambling Insider surveyed the sports betting industry to measure expectations. Ahead of the second cup final meeting this season…

During last month’s ICE London show, we sat down with Yggdrasil’s new CEO Björn Krantz, then Chief of Global Marketing Operations, to get his take on navigating regulatory frameworks, technological development…

Related Articles

- Advertisement -spot_img

Latest Articles