Indiana’s sportsbooks hit an early-summer lull, with the hiatus of major American sports leaving the June handle down to US$29.8m.
That is well short of the $145m that could have been reasonably expected with a full sporting schedule, according to PlayIndiana.
However, with major sports set to resume and with the reopening of casinos and sportsbooks, the hope is that there will be a swift recovery.
Dustin Gouker, lead analyst for PlayIndiana.com, said: “Historically, June is a slow month for sports betting, but the return of major sports are huge for Indiana’s sportsbooks and we already see the momentum with a boost in futures betting.
“A surge in betting should come as major sports move closer. In fact, with pent-up demand and truncated seasons that shorten the wait for a potential payout, futures betting could prove particularly enticing.”
June’s handle was down 20.1 per cent from $37.3m in May, but up 13.3 per cent from $26.3m in April, according to official reporting.
The month produced $2.9m in adjusted gross revenue, down 8.1 per cent from $3.2m in May, yielding $277,601 in tax revenue for the state.
