All About Indiana Sports Betting
Sports betting in the Hoosier State became part of state history on May 8, 2019, after Indiana's governor, Eric Holcomb, inked a bill that allowed sports betting in Indiana. On Oct. 3, online wagering began for the first time with DraftKings and BetRivers.
By the end of 2023, Indiana’s regulated sports wagering market had amassed more than $14 billion in total handle since launch, generating over $121 million in tax revenue (9.5% tax on GGR) according to the Indiana Gaming Commission’s 2024 report. The state earmarks 3.33% of all gambling-tax receipts for its Addiction Services Fund, and in 2023, Indiana ranked 15th nationally in state funding for problem-gambling programs.
2024 Annual Results
In 2024, Indiana set new records across every key metric:
| Metric | 2024 Figure |
|---|---|
| Total Handle | $5,212,332,663 |
| Gross Gaming Revenue (GGR) | $422,523,310 |
| Hold % | 9.48% |
| Tax Revenue | $46,245,605 |
- Handle of $5.21 billion represented a year-over-year increase of roughly 15% over 2023’s annual total.
- GGR climbed to $422.5 million, driven by strong app adoption and marquee sporting events.
- The average hold rate stabilized at 9.48%, in line with the state’s tax-on-GGR framework.
- Tax receipts of $46.25 million again allocated 3.33% to the Addiction Services Fund, reinforcing Indiana’s commitment to responsible-gambling initiatives.
All figures are sourced directly from the Indiana Gaming Commission’s 2024 Annual Report, ensuring complete accuracy and transparency.