Indiana Sportsbook Revenue Halved By Covid-19 In March

[image credit : William Hill]

The suspension of sporting action and the closure of the state’s casinos from mid-March has slashed Indiana’s sports betting revenue for the month.

With all major US leagues, not to mention other popular sports from around the world, shut down as a result of the novel coronavirus (Covid-19) pandemic, and Indiana casinos closed from March 16, betting activity was significantly curtailed.

Market handle across all operators fell from the record high of $187.2m in February to $74.8m, a 60.0% month-over-month decline. Revenue, meanwhile, was down 50.5% at $5.5m.

bitcoin
Bitcoin (BTC) $ 64,740.00 4.71%
ethereum
Ethereum (ETH) $ 1,858.17 5.69%
tether
Tether (USDT) $ 0.999731 0.01%
xrp
XRP (XRP) $ 1.34 5.53%
bnb
BNB (BNB) $ 586.91 5.60%
usd-coin
USDC (USDC) $ 0.999931 0.00%
solana
Solana (SOL) $ 77.67 8.47%
tron
TRON (TRX) $ 0.287465 0.40%
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.05 0.00%
staked-ether
Lido Staked Ether (STETH) $ 2,265.05 3.46%
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)