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Indiana Sportsbooks Post Strong Handle, Revenue Totals in October

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Indiana Sportsbooks Post Strong Handle, Revenue Totals in October


Posted on: November 13, 2022, 05:29h. 

Final up to date on: November 13, 2022, 05:29h.

Final month, Indiana sportsbooks posted one among their finest months ever since sports activities betting went dwell within the state three years in the past.

Indiana Assembly Hall
Simon Skjodt Meeting Corridor, dwelling to the Indiana Hoosiers faculty basketball group. In October, Indiana’s sportsbooks posted their sixth-best deal with ever at $446.2 million, and the taxable AGR of $46.9 was the third-best because the state legalized sports activities betting three years in the past. (Picture: IUHoosiers.com)

In October, the state’s retail sportsbooks and on-line wagering apps took $446.2 million in wagers for October, in response to data the Indiana Gaming Fee launched this week. That’s the highest whole since Hoosier bettors wagered $476.8 million in March. October’s deal with can be the sixth largest recorded within the state.

The sportsbooks additionally had one among their most worthwhile months, too. Whereas the $46.9 million taxable adjusted gross income (AGR) was down greater than $4 million from the report $51.2 million reported in September, it’s nonetheless the third-highest taxable AGR reported within the state.

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At a tax price of 9.5%, the state obtained barely lower than $4.5 million.

For the calendar 12 months, Indiana sportsbooks have reported a deal with of $3.58 billion. That’s up 23.5% from the identical timespan final 12 months. The sportsbooks’ taxable AGR of $304.3 million has led to the state receiving $28.9 million by the primary 10 months of the 12 months.

The return of soccer over the previous two months has definitely helped sportsbooks submit robust numbers, however with the NBA’s return in October and faculty basketball resuming this month, Indiana ought to proceed to see positive factors in deal with for the subsequent few months.

High Two Apps Account for 64% of Deal with

DraftKings and FanDuel have been the clear leaders in Indiana final month.

DraftKings reported a deal with of $149 million and gross receipts of $12.4 million, whereas FanDuel took $135.1 million in wagers and had $18.1 million in gross receipts.

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BetMGM had a deal with of $42.8 million and revenues of almost $4.5 million. Caesars Sportsbook’s community of retail sportsbooks throughout Indiana and its on-line app produced a deal with of $48.6 million and revenues of $4.8. The net app accounted for $32.6 million in deal with and revenues of $2.4 million.

Barstool Sportsbook, which has an app and two brick-and-mortar sportsbooks at Penn Leisure’s Ameristar East Chicago and Hollywood Lawrenceburg casinos, completed October taking $31 million in bets and had revenues of $3.3 million.

BetRivers took $11.2 million in wagers final month and recorded an AGR of $584,315. PointsBet had a deal with of $9.9 million and revenues of $766,088, and Laborious Rock Sportsbook reported a $10 million deal with, with the web sportsbook taking $8.8 million in wagers in its second month of operation. The net app additionally accounted for $465,352 of Laborious Rock’s $739,030 in AGR.

Laborious Rock is one among three on-line sports activities betting operators which have formally opened within the state because the begin of the soccer season. The others are MaximBet and SBK.

Indiana On line casino AGR Up From September

Indiana’s casinos produced a mixed AGR of $194.7 million and taxable AGR of $189.2 million. These figures are up $2.4 million and $2.3 million, respectively from September, however are down $7.2 million and $7.1 million from October 2021.

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Laborious Rock Northern Indiana continues to be the Hoosier State’s high on line casino, because the Gary facility reported taxable AGR of $34.5 million. Horseshoe Hammond was subsequent at $27.9 million, and Horseshoe Indianapolis reported taxable AGR of $23.6 million.

Caesars Southern Indiana was the state’s high on line casino among the many state’s six southern operators at $20.1 million.



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Indiana

Memphis plays Indiana, looks for 5th straight home win

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Memphis plays Indiana, looks for 5th straight home win


Associated Press

Indiana Pacers (9-11, ninth in the Eastern Conference) vs. Memphis Grizzlies (13-7, fourth in the Western Conference)

Memphis, Tennessee; Sunday, 3:30 p.m. EST

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BOTTOM LINE: Memphis will try to keep its four-game home win streak intact when the Grizzlies face Indiana.

The Grizzlies are 9-3 on their home court. Memphis leads the Western Conference with 59.0 points in the paint led by Jaren Jackson Jr. averaging 11.7.

The Pacers are 2-8 on the road. Indiana has a 4-3 record against opponents over .500.

The Grizzlies’ 12.9 made 3-pointers per game this season are just 0.4 fewer made shots on average than the 13.3 per game the Pacers allow. The Pacers are shooting 48.6% from the field, 4.7% higher than the 43.9% the Grizzlies’ opponents have shot this season.

TOP PERFORMERS: Jackson is averaging 22.2 points, 5.8 rebounds and 1.8 blocks for the Grizzlies.

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Tyrese Haliburton is averaging 17.5 points and 8.7 assists for the Pacers.

LAST 10 GAMES: Grizzlies: 7-3, averaging 122.3 points, 48.9 rebounds, 30.6 assists, 9.2 steals and 8.2 blocks per game while shooting 48.5% from the field. Their opponents have averaged 111.2 points per game.

Pacers: 4-6, averaging 112.5 points, 40.4 rebounds, 26.9 assists, 9.6 steals and 5.5 blocks per game while shooting 47.7% from the field. Their opponents have averaged 117.4 points.

INJURIES: Grizzlies: Zach Edey: out (ankle), Vince Williams Jr.: out (ankle), GG Jackson II: out (foot ).

Pacers: Aaron Nesmith: out (ankle), Andrew Nembhard: out (knee), Isaiah Jackson: out for season (calf), James Wiseman: out for season (calf), Ben Sheppard: out (oblique).

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The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.




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Indiana State Museum casts holiday magic at Celebration Crossing

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Indiana State Museum casts holiday magic at Celebration Crossing


INDIANAPOLIS (WISH) — Families are invited to dive into the allure of the holiday season as Celebration Crossing returns to the Indiana State Museum.

“We had visitors lined up and ready to go before the museum opened this morning. We see families that come back year after year, and they want to be part of our opening day festivities because it has that ‘wow’ factor!” said Indiana State Museum and Historical Sites director of communications Carla Knapp.

Santa came from the North Pole by helicopter to welcome visitors at the museum.

Mr. and Mrs. Claus, along with holiday singers, welcomed families inside to light the stunning 92 County Tree, the centerpiece of the festivities. The 25-foot wonder showcases handcrafted ornaments representing each Indiana county’s nature and cultural wonders.

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“Celebration Crossing is a tradition that goes back over 30 years for us here at the Indiana State Museum. There are pieces throughout the museum today that you’ll see that were a part of that experience way back in the beginning. You’ll see the Santa Claus Express, the original train people rode at L.S Ayres in downtown Indianapolis,” said Knapp.

Families can enter Santa’s whimsical house and the 18-passenger train ride that transports guests through a snowy forest.

“Visitors can ride that through a wintery wonderland and see magical holiday creatures that live in the forest. There’s movement, dancing, music, and then it snows!” Knapp said.

A new addition to this year’s festivities is the Kwanzaa community festival.

At this festival, visitors can immerse themselves in the rich cultural traditions of Kwanzaa, featuring African music, dance, vendors, and a community worship service.

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“The Indiana State Museum is for all Hoosiers. We try to bring elements of the holidays that everyone can celebrate and be part of. So, whether it’s Christmas, Kwanzaa, Hannukah, or other holidays that you’re celebrating … you can come here and see it reflected through Celebration Crossing,” Knapp said.

Celebration Crossing will run from Nov. 29 – Jan. 5, 2025, with a break on Dec. 25.



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Indiana Suits Up and Dives In for Wednesday PM Lactate Set | PRACTICE + PANCAKES

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Indiana Suits Up and Dives In for Wednesday PM Lactate Set | PRACTICE + PANCAKES


On Wednesday afternoons, the Indiana Hoosier swim team puts on racing suits and goes off the blocks. This “Lactate workout” is meant to create and help the body practice dealing with lactic acid.

There were three different lactate groups today: Longer, middle, and sprint.

The sprint workout (which included US Olympian Matt King) was:

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  • 2×75 @ 10:00 (275+ cooldown)
  • 2×50 @ 7:00 (200+ cooldown)
  • 4×25 @ 3:00 (75 cooldown)

The middle workout (which included Olympians Josh Matheny, Tomer Frankel, and Rafael Miroslaw) was:

  • 1×150 @ 10:00 (300+ cooldown)
  • 1×75 @ 10:00 (275+ cooldown)
  • 2×50 @ 7:00 (200+ cooldown)
  • 4×25 @ 3:00 (75 cooldown)

The longer workout (which included US Olympian Anna Peplowski) was:

  • 1×150 @ 10:00 (300+ cooldown)
  • 2×75 @ 8:00 (225+ cooldown)
  • 3×50 @ 6:00 (150+ cooldown)





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