Casino revenue sees month-over-month increase in March
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Indiana casinos raked in more than $217 million in revenue in March. Gaming analysts from PlayIndiana.com report last month’s total generated about $74 million in taxes for the state.
The March total is up slightly over the $205 million take in February, but lower than the $235 million revenue total from the same month last year.
The Hard Rock Casino Northern Indiana in Gary had the highest revenue total of all Indiana casinos at $40 million. Horseshoe Indianapolis and Horseshoe Hammond followed with $34 million and $29 million, respectively.
March Madness also helped boost Indiana’s sports betting total last month. The Hoosier State saw more than $432 million in bets, up from $356 million in February but also lower than the March 2022 total of $476 million.
Basketball was clearly the driver of Indiana sports betting in March, accounting for $224 million in bets.
PlayIndiana says the slow season for sports betting in Indiana is here, now that the Super Bowl and March Madness have come and gone.