It was a good first month for sports gambling in the state of Indiana, even though it wasn’t even an entire month.
The Hoosier state began accepting wagers on the world of sports about a week into the month of September. In that short period of time, the state of Indiana made more than $800,000 in tax revenue on more than $35 million in total bets. The exact numbers are staggering.
Those figures are expected to substantially increase. This week DraftKings unveiled their app which will now accept wagers from mobile devices within the state limits.
There’s certainly an appetite for sports gambling in the area and the Commonwealth could certainly use an extra million dollars a month in revenue. Will the state legislature take action? I’ll believe it when I see it.