DraftKings Continues to Soar in Indiana – The Latest Figures

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DraftKings Continues to Soar in Indiana – The Latest Figures

Author: American Gambler Staff | Publish Date: September 4, 2023 | Last Updated: September 15, 2023

DraftKings Sportsbook closed July as the leading sportsbook in the state of Indiana for the second straight month, per a release from the Indiana Gaming Commission. The sportsbook took $77.5 million in bets this July, outpacing all other betting apps in the Hoosier State.

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Per figures released by the Indiana Gaming Commission, DK totaled 40 percent of all online betting wagers in the state.

DraftKings Indiana Continues Hot Streak

While the Hoosier State has hosted legal betting sites since September 2019, it’s been dominated by DraftKings and FanDuel for the past two years. The state has proven to be a hotly-contested battlefield between the two sports betting giants, with DraftKings taking the crown from FanDuel in 10 of the last 19 months.

DraftKings Indiana By the Numbers

DraftKings holds the largest market share among sports betting operators in Indiana since January 2022 at 34.12 percent. FanDuel follows closely behind at 32.69 percent. DraftKings’ $77.5 million in bets processed this July put them significantly ahead of FanDuel, who accepted $62.7 million over the month. No other sportsbook handled over 10 percent of the state’s total betting in July.

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The two top operators continue to duke it out for the top spot as NFL season arrives, featuring a whole new slate of sportsbook promos.

DraftKings Indiana eyes the top spot

Sports bettors spent $203.7 million in Indiana this July, while operators combined for $23.4 million in revenue. While the former number represents a slight drop from July 2022, the latter is a 14 percent increase over last year. The state made out alright from July 2022 as well, reporting $2.2 million collected in sports betting taxes from the month.

DraftKings has now grabbed 40 percent of Indiana’s sports betting handle for two months in a row – both months being better than any the platform has had since February 2021. They have a firm grip on the top spot in the state for the time being – we’ll see how their performance held up through August when the Indiana Gaming Commission releases its revenue summary for the month.

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American Gambler Staff