Caesars Southern Indiana

Indiana Regulators Approve Caesars Southern Indiana $250M Sale

The Indiana Gaming Commission has approved the $250 million sale of Caesars Southern Indiana casino to North Carolina-based EBCI Holdings. The decision was taken at the commission’s public business meeting Thursday. The deal is likely to close by the next month following the necessary regulatory approval, In Dec. 2020, Caesars …

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Hard Rock Casino Gary

Indiana Sees $3bn in Sports Betting Handle in Last 12 Months

Though the summer slump pushed Indiana sports betting handle to below $200 million for the first time in almost a year, the state saw $3 billion since July 2020. The July handle also pushed Indiana sports betting’s lifetime handle past $4 billion. According to the figures released Thursday by the …

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Indianaopolis

Basketball Keeps Indiana Sports Betting Afloat in June With $246M Handle

Indiana sports betting kept afloat amid the peak of the summer slump as it reported $246 million in June handle, down 3.2% from May’s $254.4 million. Basketball betting and the addition of two operators – Barstool Sportsbook and Betway – kept the market somewhat stable during sleepy months in US …

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Horseshoe Casino Hammond Indiana

Caesars Allowed to Retain Horseshoe Hammond Casino Ownership, Operations

The Indiana authority has allowed Caesars Entertainment to retain the Horseshoe Casino in Hammond, reversing its 2020 order to sell the property. On Thursday, The Indiana Gaming Commission (IGC) amended its previous order, requiring Caesars to sell a third casino asset in the Hoosier State to a new operator by …

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Indiana city skyline

Indiana Sports Betting Posts $254M in May Handle, Up 7.6%

Indiana sports betting has emerged from April slumber, witnessing a 7.6% increase to $254.4 million in May handle, compared to $236.4 million a month prior. The modest growth was thanks to a few significant sporting events, including the NBA Playoffs and the Indianapolis 500. The addition of a few more …

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Barstool retail sportsbook

Barstool Sportsbook Launches in Indiana Online Sports Betting Market

Barstool Sportsbook launched its online app Tuesday in Indiana sports betting, ahead of the NBA playoffs and the Indianapolis 500. Penn National Gaming had announced the news last Friday in a news release. The launch comes after the Indiana Gaming Commission approved the parent company’s application to offer mobile sports …

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Indiana city skyline

Indiana Sports Betting Tops $1bn in First Four Months of 2021

Indiana sports betting has topped the $1 billion mark in the first four months of this year despite a 25% decline in April’s handle. The Hoosier State saw a huge shrink in its sports betting handle a month after holding the NCCAA Men’s Basketball Tournament exclusively in the state. According …

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NCAA March Madness 2021

Indiana Sports Betting Posts Basketball-boosted $316.7M in March

Indiana sports betting recovered from a sluggish February, with a 15% jump to $316.7 million in handle in March. February brought dips in handle across the entire US market thanks to the month having fewer sporting events and being the shortest of the year. However, March saw the start of …

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Indiana Hoosiers helmets

Indiana Sports Betting Streak Ends as February’s Handle Dips 21%

February has ended Indiana sports betting‘s five-month streak of record-setting handles, nosediving 21.4% to $273.9 million for the month. The Hoosier State saw the biggest month in January, which brought $348.2 million in sports betting handle. That being said, the year-over-year comparison proves February 2021 did not do too badly …

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Indianaopolis

Indiana Welcomes January With Record Sports Betting Handle of $348M

While building on its sports betting records for the fifth straight month, Indiana posted a handle of more than $348 million in January. According to state figures released Friday by Indiana Gaming Commission, January’s number eclipses the previous best of $313.1 million recorded in December, representing a month-over-month increase of …

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