Indiana Betting Volume Down, Revenue Climbs in June

Written by:
Gilbert Horowitz
Published on:
Jul/14/2021

Indiana's June 2021 sports betting handle was down 3.2% from $254.4 million to $246.3 million while revenues went up.

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The Euro 2020, NHL and NBA Playoffs along with daily MLB games provided enough action to drive gross revenues from $18.8 million in May to $25.5 million.

For a handful of sportsbooks industrywide, the Logan Paul-Floyd Mayweather Jr. exhibition bout represented the largest take of the year.  Most books shied away from the fight due to the lack of judges however. BetOnline, an offshore sportsbook, confirmed the fight was its biggest betting event of the year.

- Gilbert Horowitz, Gambling911.com

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Hawaii Senate Committee Advances Digital Sports Betting Bill

 

 

Hawaii, one of the few remaining states without legalized gambling, has taken a significant step toward changing that status. A digital sports betting bill has advanced through a key Senate committee, indicating growing legislative interest in expanding the state's gaming options. The proposed measure would permit online sports wagering while prohibiting physical betting establishments, keeping Hawaii in the digital-only realm of gambling regulation.

Robinhood Gets Into Prediction Market Betting

On Monday March 17, Robinhood Derivatives, LLC (RHD) announced a prediction markets hub directly within the Robinhood App, giving customers the opportunity to trade on the outcomes of some of the world’s biggest events.

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