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) $ 62,828.00 0.61%
ethereum
Ethereum (ETH) $ 2,345.05 2.35%
binance-coin
Binance Coin (BNB) $ 556.48 0.42%
xrp
XRP (XRP) $ 1.72 5.25%
cardano
Cardano (ADA) $ 1.42 1.33%
tether
Tether (USDT) $ 1.00 0.14%
polkadot
Polkadot (DOT) $ 41.36 2.20%
uniswap
Uniswap (UNI) $ 34.29 4.55%
litecoin
Litecoin (LTC) $ 268.19 1.17%
dogecoin
Dogecoin (DOGE) $ 0.128874 41.59%
S&P 500  ^GSPC 
$4,142.87  $1.28  (0.03%)
Dow Jones Industrial Average  ^DJI 
$33,863.30  $186.03  (0.55%)
NASDAQ Composite  ^IXIC 
$13,944.02  $52.08  (-0.37%)
Russell 2000  ^RUT 
$2,265.74  $36.82  (1.65%)
Crude Oil May 21  F*CL.NYM 
$63.40  $3.22  (5.35%)
   
$0.0000  $0.0000  (0.00%)