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Indiana Sportsbooks Post $351M in June, Highest June Handle on Record

Published: Aug 15, 2025, 8:00 AM
3 min read
Updated: Aug 15, 2025, 8:00 AM

June Revenue Insights

INDIANAPOLIS, IN
Indiana’s sports betting industry recorded $351.46 million in wagers in June 2025, setting a new high for the month since the state launched legal betting in 2019. Sportsbooks generated $45.34 million in gross gaming revenue (GGR) and $4.31 million in state taxes, driven by a 12.90 percent hold rate, the highest June win rate on record.

The month’s handle was down 18.5 percent from May’s $433.27 million, reflecting the usual summer slowdown once the NBA and NHL seasons conclude. But compared to June 2024, betting volume was up nearly 18 percent, and GGR surged by 49 percent year over year.

June Performance Over the Years

YearHandle ($)GGR ($)Hold %State Tax ($)
2025351,462,412.0045,341,194.0012.904,307,414.00
2024298,166,251.0030,442,289.0010.212,897,586.00
2023224,070,050.0019,036,099.008.501,848,269.00
2022256,307,260.0015,653,583.006.111,497,766.00
2021246,321,671.0026,748,803.0010.862,420,541.00
202029,783,582.002,543,803.008.54277,600.00

This June marked the fifth straight year of growth in monthly handle for the period, underscoring how Indiana’s market has expanded even in traditionally slower sports months.

Year-to-Date 2025 Snapshot

MonthHandle ($)GGR ($)Hold %State Tax ($)
January538,705,451.0055,066,011.0010.225,231,271.00
February432,889,381.0047,745,086.0011.034,535,784.00
March553,578,453.0035,789,455.006.473,399,998.00
April437,099,849.0040,165,026.009.193,815,678.00
May433,271,496.0043,777,883.0010.104,158,899.00
June351,462,412.0045,341,194.0012.904,307,414.00
Compare All U.S. States Sports Betting Revenue

IN Monthly Sports Betting Revenue

Taxes

Data is pulled directly from the NJ Division of Gaming Enforcement (DGE) Monthly Reports

Source:

RG

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Why the Numbers Shifted

The drop in total handle from May was expected as the summer sports calendar narrows. With no NBA Finals or NHL Stanley Cup games in the second half of the month, baseball, WNBA, golf, and early NFL futures bets dominated the action. Sportsbooks also benefited from more favorable betting results, particularly in baseball, helping push the hold rate nearly three percentage points above last year’s June level.

Higher-margin bets, including parlays, likely contributed to the revenue boost as well. Even with fewer wagers placed, the stronger win rate meant operators collected more revenue than in several higher-handle months earlier in the year.

Looking Ahead

July is traditionally one of the slowest sports betting months nationwide, but sportsbooks will be aiming to maintain momentum ahead of the NFL and college football seasons. The next major handle surge is expected in September when NFL football returns, historically the most lucrative period for Indiana’s market.

<p><strong>Sol Fayerman-Hansen</strong> is Editor-in-Chief at RG.org with 20+ years of experience in sports journalism, gambling regulation, and tech. His work has appeared in <i>Forbes</i>, <i>ESPN</i>, and <i>NFL.com</i>, covering U.S. and Canadian gambling laws, major sports events, and wagering trends. Since 2023, Sol has led RG.org’s global editorial efforts, focusing on transparency, data accuracy, and regulatory insight. He works closely with researchers and legal experts to uphold E-E-A-T and Trust Project standards.</p><p>📍 Israel/Canada 🌐 English, Hebrew 🎯 Gambling law, responsible gaming, tech in betting</p>
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