Indiana sports books end year with $160M month, close 2019 with more than $430M in bets

#7
South will still go to Hammond. Don't forget, cant bet on Illinois colleges in Illinois either.

Blue Chip Casino (Fanduel) is easily half Michigan bettors.

not yet, nevada changed their mind on Nevada NCAA. ... some NYC books in the 70's and 80's would not take IVY league....now they take everything
 
#10
not yet, nevada changed their mind on Nevada NCAA. ... some NYC books in the 70's and 80's would not take IVY league....now they take everything
It took Nevada over 40 years to change their mind on allowing betting on in-state NCAA schools (Gaming Regulation 22.120(b)). Don't hold your breath.
 

John Kelly

Born Gambler
Staff member
#15
Look for Illinois to stop the flow of money to Hammond and East Chicago with a casino and sports book in Calumet City, Illinois.

Roads are being widened on Torrence Avenue near River Oaks mall.

With Amazon and Walmart forcing the closure of shopping malls all across the country, some casino companies are purchasing the real estate for land-based casinos.
 
#17
I havent been there but I was told Rivers is ready to go.The whole sportsbar/ book thing is in place and they are just waiting to flip the switch.
 
#20
Look for Illinois to stop the flow of money to Hammond and East Chicago with a casino and sports book in Calumet City, Illinois.

Roads are being widened on Torrence Avenue near River Oaks mall.

With Amazon and Walmart forcing the closure of shopping malls all across the country, some casino companies are purchasing the real estate for land-based casinos.
All that Wisconsin money is going to flow south. Wisconsin will be one of the last states to ever get sports betting. Besides better against the bears is free money right?
 

skinny

EOG Senior Member
#21
It took Nevada over 40 years to change their mind on allowing betting on in-state NCAA schools (Gaming Regulation 22.120(b)). Don't hold your breath.
That was when senator McCain of Arizona tried to get college sports betting banned in Nevada.
GCB then allowed books to take action on unlv and unr. Believe it was around 2000 or 2001.
 
#23
It takes Illinois a day to pass it, then it takes a year to decide how to divvy up the money.

The 430m looks great in the news . % of the revenue makes it look small. . At the end of the year adding up all the months . That is something any state could use along with the jobs
 
#24
Look for Illinois to stop the flow of money to Hammond and East Chicago with a casino and sports book in Calumet City, Illinois.

Roads are being widened on Torrence Avenue near River Oaks mall.

With Amazon and Walmart forcing the closure of shopping malls all across the country, some casino companies are purchasing the real estate for land-based casinos.
Gotta win the license first. A casino will go into the south suburbs in a couple years, but still won't be decided on until around September. Meanwhile who cares where there are books? Illinois will be no different than everyone else, 85-90% of volume will be bet online/moblie.
 
#26
Pennsylvania also rockin' it!

Pennsylvania sportsbooks round off year with $343m month
January 17, 2020
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Pennsylvania online and retail sportsbooks posted a record handle of US$342.6m in December — and crossed $1 billion in online bets since launch — to cap a year that generated nearly $1.5bn in wagers.
With a full year of online sports betting ahead and an increasingly robust offering of operators, Pennsylvania could more than double that handle in 2020.
Dustin Gouker, analyst for PlayPennsylvania.com, said: “That last two months of 2019 began to show us the real potential of the Pennsylvania market.
“The launch of DraftKings in November, adding one of the best-known brands to Pennsylvania, helped push online betting forward. And now that the online market is maturing, it is entirely possible that 2020 could bring in $4bn or more in online and retail bets."
In December, Pennsylvania’s sportsbooks accepted $342.6m in wagers, up 8.2 per cent from $316.5m, according to official data. Before November, Pennsylvania had never accepted more than $200 million in a single month.
 
#31
These states posting these nine figure number has to help get more states to legalize sports betting. These numbers are going to be larger.

Who will be the first state to get over the 1 billion number?
 
#33
These states posting these nine figure number has to help get more states to legalize sports betting. These numbers are going to be larger.

Who will be the first state to get over the 1 billion number?
Probably NY in a few years whenever they finally get mobile. I don't think NJ or Nevada can get to 1 billion in handle in a month. I'm doubting FL or TX will approve it for awhile and I doubt PA will get enough play with the tax rates disincentivizing the business for operators. CA getting mobile seems even further off than NY. So NY is it, they might get ramped fast with all the play happening in NJ now getting NY patrons used to betting on mobile.
 
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