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PlayIndiana.com: Sports betting expectedly slows in April

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Indiana’s sports betting industry experienced another month-over-month decline in April, as wagering dropped to its lowest level since October 2020. But in a state that has known little else but growth, the expected decline is indicative of the beginning of a typical sports betting slowdown period that will likely last until the beginning of football season, according to PlayIndiana, which provides news and analysis of the state’s gaming industry.

“Even a high volume of regular season baseball and NBA basketball games can’t make up for a calendar devoid of NFL and college football games, or a major betting event like the NCAA Tournament,” said Jessica Welman, lead analyst at PlayIndiana. “Because the pandemic turned the 2020 sports schedule on its head, Indiana hasn’t really experienced a full year of normal sports betting activity. But there are normal seasonal ebbs and flows in sports betting, and this is the start of what is historically the slowest period of every year.”

Indiana sportsbooks collected $236.4 million in wagers in April, according to official reporting released Wednesday. That is down 25.4% from $316.7 million in March and counts as the lowest monthly handle since sportsbooks generated a $230.9 million handle in October 2020.

April’s bets produced $20.1 million in adjusted gross revenue, down 23.8% from $26.4 million in March. That yielded $1.9 million in state taxes.

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Indiana sportsbooks have already accepted $1.2 billion in bets through the first four months of the year. Even with a month-over-month decline in April, this year stands in stark contrast to 2020. In what was the low point of the year, online sportsbooks took in just $26.3 million in wagers in April 2020, while retail outlets were completely shuttered as the sports world went quiet.

“This is the first time we get to see how Indiana will perform during the spring and summer months, and through one month Indiana is meeting expectations,” said Nicole Russo, analyst for PlayIndiana. “With the Olympics ahead and the NBA Playoffs pushed back a month, this could actually be a better summer than in most years. And Indiana’s sportsbooks are well-positioned to take advantage.”

Online betting accounted for 88.4%, or $209.1 million, of the state’s handle, an increase from 88.1% in March. Retail sportsbooks generated the remaining $27.3 million in wagers, down from $37.5 million in March.

DraftKings once again topped all online operators with $79.3 million in online bets, down from $111.2 million in March. That produced $6.1 million in gross receipts, down from $8.5 million in March. FanDuel was second with $67.1 million in bets, down from $92.4 million in March. That produced $5.7 million in gross receipts, down from $6.8 million.

The leaders were followed by:

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  • BetMGM ($30.9 million handle, down from $39.4 million in March; $3.1 million win, down from $3.6 million).
  • PointsBet ($10.3 million handle, down from $13.1 million; $794,476 win, down from $1.7 million)
  • William Hill ($8.5 million handle, down from $9.5 million; $378,830 win, down from $879,577)
  • BetRivers/French Lick Resort ($7.3 million handle, down from $9.2 million; $381,975 win, down from $829,034)
  • TheScore ($3.2 million handle, up from $3 million; $128,670 win, down from $263,111)
  • Unibet ($2 million handle, down from $2.1 million; $23,884 win, down from $139,283)
  • WynnBet ($411,778 handle; $47,206 win)
  • TwinSpires ($158,702 handle; -$8,929 win)
  • Caesars (No handle; -$2,167 win, down from $1,392)

Hollywood Lawrenceburg, nearest Cincinnati, led the retail market again with $8.4 million in wagers. Ameristar East Chicago was second with $5.2 million.

The online market also got more competitive in April. First with the launch of WynnBET on April 1, then later with the launch of TwinSpires just ahead of the Kentucky Derby. Barstool is also gearing up for the much-anticipated launch of its app.

“Even as the market approaches its second birthday, operators remain bullish on Indiana,” Russo said. “With two of the highest-volume retail sportsbooks in the state already, Barstool’s online app could really move the market. Fresh entries into the market will keep the largest operators in the state on their toes and vying for new customers.” 

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

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LuckyStart Casino Adds New Payment Method

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LuckyStart Casino has announced the addition of a new payment method – Interac – available for all players in Canada, in order to make it easier for their customers to fund their account balance and cash out their winnings quickly.

The brand is aware of the popularity of this payment method amongst Canadian players, and hence, it has decided to add it and enable flexible deposit and withdrawal limits, in order to be considered as the best Interac casino in Canada, especially since the brand is also releasing Interac-exclusive bonuses and promotions.

Furthermore, LuckyStart has announced flexible limits for deposits and withdrawals, to make it easier for players to fund their account balance and cash out their winnings, offering instant approval and same-day processing, which are traits that LuckyStart believes are going to position it as the best Interac casino in Canada.

LuckyStart now supports Interac on the desktop and mobile website, offers exclusive bonuses for Interac bonuses, as well as instant withdrawals, and unrestricted access to their catalog of 5000+ real money games.

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LuckyStart believes there is no better way to celebrate an accomplishment in the online gambling world than by launching new bonuses and promotions. That’s why the brand has released a new welcome bonus package for all players who deposit via Interac, as LuckyStart envisions becoming the best Interac casino in Canada.

This new welcome bonus package available for all Interact deposits rewards players with up to $4800 in free bonus money across their first 4 deposits, along with 400 Free Spins. When compared to the welcome packages offered by other Interact casinos, LuckyStart stands out with the biggest offer currently available.

The post LuckyStart Casino Adds New Payment Method appeared first on Gaming and Gambling Industry in the Americas.

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Alcohol and Gaming Commission of Ontario

Titanplay Re-launches in Ontario

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Titanplay, a fully licensed and regulated online gaming platform by the Alcohol and Gaming Commission of Ontario (AGCO) and iGaming Ontario (iGO), announced its official re-launch in the Canadian province. This strategic re-entry introduces a refreshed experience tailored to Ontario’s dynamic audience of online casino players and sports bettors.

The re-launch marks a new chapter for Titanplay, with significant upgrades to its casino and sportsbook. Designed for Ontario residents, the new platform delivers a secure and compliant online gaming environment to casual players, strategic bettors, and high rollers alike.

Titanplay now offers an expanded library of certified casino games, including popular slots, live dealer tables, and exclusive titles from leading industry providers. The integrated sportsbook provides real-time odds and wide-ranging markets – from NHL and NBA to international soccer, tennis, and more. Players can enjoy faster performance, improved mobile access, and responsible gaming tools aligned with Ontario’s regulations, whether they prefer placing bets or spinning the reels.

The Titanplay’s platform is optimized for both desktop and mobile devices, offering seamless navigation and secure transactions. The 24/7 customer support, intuitive account management, and localized payment options round out the updated user experience.

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Operating within Ontario’s regulated iGaming framework, Titanplay adheres strictly to all AGCO and iGO compliance requirements. This re-launch is more than just a platform update; it’s a commitment to local Ontario players who deserve fairness, choice, responsible gaming environment, data protection, and accountability from their gaming provider.

Titanplay is now live and accepting registrations across Ontario. Players must be 19 years of age or older and reside within the province to access the platform.

The post Titanplay Re-launches in Ontario appeared first on Gaming and Gambling Industry in the Americas.

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AGCO takes action to remove unapproved gambling machines from Ontario convenience stores

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The Alcohol and Gaming Commission of Ontario (AGCO) is continuing its efforts to combat unregulated gambling and protect the public. As part of these efforts, the AGCO took steps this week to revoke the lottery seller registrations of a number of retailers in the GTA that were found to be offering unapproved electronic gambling machines under the Prime Slot brand.

The AGCO regulates all gambling in the province of Ontario to ensure gambling products and gaming sites are held to high standards of game integrity, player safety, and the protection of minors and vulnerable individuals.

Over the past decade, unregulated gaming machines have increasingly proliferated across North America. While they largely rely on chance like traditional slot machines, manufacturers have claimed they are games of skill and have installed terminals in convenience stores and other locations where gaming machines would otherwise be prohibited.

The AGCO will continue to take every action within its authority to protect the public against the risks that these unregulated machines pose – particularly in locations easily accessible to children and youth.

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A registered lottery seller served with a Notice of Proposed Order to revoke their registration has the right to appeal the AGCO’s action within 15 days to the Licence Appeal Tribunal (LAT), an adjudicative tribunal that is part of Tribunals Ontario and independent of the AGCO.

“Unapproved gambling machines have no business being in convenience stores or other locations, particularly those that are available to children and youth. ” – Dr. Karin Schnarr, Chief Executive Officer and Registrar, AGCO

Background:

Under Section 10(b) of the Gaming Control Act, the Registrar shall refuse to register an applicant as a supplier or to renew the registration of an applicant as a supplier if there are reasonable grounds to believe that the applicant will not act as a supplier in accordance with law, or with integrity, honesty, or in the public interest.

Under Section 12 of the Gaming Control Act, the Registrar may propose to suspend or to revoke a registration for any reason that would disentitle the registrant to registration or renewal of registration under section 10 if the registrant were an applicant.

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The post AGCO takes action to remove unapproved gambling machines from Ontario convenience stores appeared first on Gaming and Gambling Industry in the Americas.

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