US Sports betting records continue to fall. As per the figures released by the Indiana Gaming Commission, the state’s licensed sportsbooks handled nearly $231mn in wagers in October, up from $207.5mn in September.
October’s revenue was increased by 50% by $21.1mn.
Digital Wagering was for $193mn (83.6%) of October’s handle. DraftKings led the market with $90.5mn, followed by FanDuel $63.5mn and BetMGM $20.1mn.
In Iowa, the Iowa Racing & Gaming Commission reported betting licenses handling a record $81.9mn in October, $9mn more than September. The retail wagering was up 21.6% to $25mn. The digital bets more than doubled to $57mn.
Iowa’s October betting revenue hit by $9.2mn, around $4mn better than September. Digital revenue shot up 140.2% to $6.4mn. The retail revenue dipped almost 10% to $2.7mn. The William Hills sportsbook at Penn National Gaming’s Prairie Meadows racino won $19.8mn and revenue $2.3mn.
West Virginia Lottery reported a betting handle of $44.6mn and revenue of $3.74mn in the four weeks ending October 31. The two online casinos DraftKings and BetMGM reported total spending of $53.1mn in October, a 29% drop from a five-week total of September. However, the revenue was down by 17% to $1.9mn.
Detroit’s three commercial casino operators reported betting revenue of $7.6mn in October. Detroit reported $4.4mn in September. MGM Grant Detroit led the way with $3.7mn, followed by $2.2mn and Greektown $1.7mn.
Detroit’s casinos are currently operating at 15% capacity due to the COVID19. The table revenue was down 18.9% year-on-year to $93.8mn.