Indiana sports betting doing fine without football

Figures released on March 11 by the Indiana Gaming Commission showed that all sports betting in in February reached a total of $187 million in the state, up 10% from the previous month. That brought in just over $1 million in taxes.

What was more encouraging for the state was the fact that even with no NFL football, the state still drew in huge numbers on wagers placed on basketball. Wagers placed on the Super Bowl reached $11.6 million, while wagers on the NBA and college basketball drew $90 million.

“The Super Bowl was the single most significant event in February, but Indiana has done exceptionally well with basketball,” said Jessica Welman, an analyst for PlayIndiana.com. “That balance is helping Indiana avoid a post-football slump, which is common in jurisdictions such as Nevada.

According to lead analyst Dustin Gouker at PlayIndiana.com, much of the success has come from the fact that people from neighboring states have come to Indiana to place wagers. This has made the Hoosier state the perfect option for neighboring residents where sports gambling is allowed.