Sports betting in Indiana saw a significant increase in July, with the year-over-year handle rising by 28%. This growth is a positive sign for the state’s sports betting industry, which has been steadily growing since its legalization.
The increase in the handle can be attributed to a number of factors, including the continued popularity of sports betting among Indiana residents, as well as the return of major sports leagues after the COVID-19 pandemic disrupted the sports calendar last year. In addition, the state’s sports betting operators have been actively promoting their services, attracting new customers and retaining existing ones.
Indiana’s sports betting market has been one of the most successful in the country, with strong competition among operators leading to a wide range of offerings for customers. The state’s regulatory framework has also played a key role in the industry’s success, providing a stable and secure environment for both operators and customers.
Overall, the increase in the sports betting handle in Indiana is a positive sign for the state’s economy, as it brings in additional revenue and creates jobs in the industry. With the continued growth of the sports betting market, Indiana is well-positioned to remain a key player in the rapidly expanding US sports betting industry.
### Article Summary:
Sports betting in Indiana saw a 28% year-over-year increase in handle in July. This growth is attributed to factors such as the popularity of sports betting among residents, the return of major sports leagues, and active promotion by operators. Indiana’s sports betting market is successful due to strong competition among operators and a supportive regulatory framework. This increase in handle is positive for the state’s economy, bringing in revenue and creating jobs in the industry.Indiana remains a key player in the US sports betting industry.
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