Indiana reports sports betting handle of $362m for May

Sports Betting

The Indiana Gaming Commission reported sports betting handle of $362 million for May on Wednesday, a 27.6% increase from last year.

Basketball handle totaled $97.2 million, an increase of $25.5 million from May 2023 as the Pacers reached the Eastern Conference finals for the first time since 2014. Clark, the No. 1 overall pick of the Indiana Fever who has made the WNBA a mainstream sports talking point as much for her on-court play as what goes on around her in relation to women’s basketball, also helped generate action despite the Fever’s 1-8 start to the season.

FanDuel and DraftKings maintained their status quo in Indiana — FanDuel leading in revenue and DraftKings first for handle. FanDuel did more in May with less handle than April, fashioning a 14.1% hold in reaping $15.8 million from $112.1 million in handle. Revenue was up $8,760 from April despite a $16.7 million decline in wagering.