LAS VEGAS — The Super Bowl helped Indiana’s retail and online sportsbooks post a February that saw another monthly record. And with March Madness ahead and new online casinos launching, Indiana is positioned to weather the launch of retail sports betting in Michigan and Indiana, according to analysts from PlayIndiana.com.

Indiana’s February handle hit $187.2 million, up 9.6% from a then-record $170.8 million handle generated in January, according to official reporting released Tuesday.

Bettors placed $11.6 million in bets on football, almost entirely on the Super Bowl. And basketball continues to be a significant draw, generating $90.2 million in February wagers. Even Oscars betting appeared to be a hit, accounting for a significant portion of the $39.7 million wagered on the state’s “other” events.

The state took in just over $1 million in tax revenue from sports wagering for February.

For more revenue information on Indiana sportsbooks, visit PlayIndiana.com/revenue.

 

 

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