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Indiana sportsbooks Make Huge Leap to $460M in October
Indiana sportsbooks shattered the state record for betting volume for the second consecutive month by handling more than $460 million in October.
The surge in betting brought on in part by the year’s first full month of football also made Indiana just the fifth state to reach $5 billion in lifetime sports wagers, according to PlayIndiana, which tracks the state’s gaming industry.
“Five full weekends of the NFL and college football, the opening of the NBA season, and baseball’s postseason gave sportsbooks a rare convergence of betting inventory in October. To surpass the previous record by so much shows an increasing base of bettors, too. It’s hard to imagine a better start to the football season than what has happened in the last two months,” Jake Garza, an analyst for PlayIndiana.com, said.
Online and retail sportsbooks drew $461.1 million in October, easily surpassing September’s record handle of $355.4 million by 29.7%, according to official reporting released Friday. October’s handle was also up 99.7% from $230.9 million in October 2020. Bettors increased the pace of betting to $14.9 million per day over the 31 days of October from $11.8 million per day in September and $7.4 million in October 2020.
Despite the surge in betting, gross revenue fell 16.4% to $27.8 million from the record of $33.3 million set in September. Year-over-year, revenue was up 10.9% from $25.1 million in October 2020. October’s win created $27.6 million in taxable revenue, yielding $2.6 million in state taxes.
With five weekends of games, football betting jumped 18.4% to $175.8 million in October from $148.6 million in September. The opening of the NBA season led to significant action, too, jumping to $53.5 million in basketball betting from just $5.2 million in September. Parlay betting also rose to $127.6 million from $92.0 million.
The record month pushed Indiana into some rarified air among legal sports jurisdictions, joining New Jersey, Nevada, Pennsylvania, and Illinois as the only states to generate a handle of more than $450 million in a month, more than $5 billion in lifetime legal sports betting, and more than $400 million in lifetime gross revenue.
Since launching in 2019, Indiana sportsbooks have generated $5.1 billion in wagering, $412.5 million in gross revenue and $78.3 million in tax revenue.
“No state has capitalized on its potential as a sports betting market better than Indiana. As impressive as some of these records have been, it is also important to remember that Indiana as a market still hasn’t fully matured,” said Eric Ramsey, an analyst for the PlayUSA.com Network, which includes PlayIndiana.com.
Online betting drew $411.9 million in wagers, or 89.3% of October’s total handle. DraftKings led online operators in October with a $150.7 million handle, up from $130.4 million handle in September. Last month’s bets created $7.8 million in gross receipts, up from $7.2 million in September. FanDuel was next with $113.3 million in online wagering, up from $77.2 million in September. Those bets produced a state-best $9.2 million in gross receipts.
Dynabit Gaming
Infingame levels up casino portfolio with Dynabit Gaming
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Leading aggregator to roll out Dynabit Gaming’s games to LatAm operators
Infingame, one of the industry’s fastest-growing iGaming aggregators, has continued to enhance its games portfolio thanks to its latest strategic partnership with Dynabit Gaming, an emerging games studio known for its innovative titles.
By partnering with Infingame, Dynabit Gaming’s full suite of immersive slots and next-gen table games will be rolled out to operators across Latin America, giving Infingame’s partners access to a fresh, dynamic selection of casino games designed to drive engagement and retention.
Boasting an extensive portfolio of 16,000+ slots, table, crash and live dealer games from 200+ studios, Infingame’s newly revamped platform is powered by state-of-the-art technology that enables operators and game studios to scale their business across new markets – all made available via a single API integration.
This latest strategic partnership solidifies Infingame’s status as a leading casino aggregation platform – demonstrating its unwavering commitment to deliver feature-rich, market-leading experiences for players, with an unmatched level of localisation for Latin America.
Inna Pakhiyanina, Chief Business Development Officer at Infingame, commented on the partnership: “With innovative games and a fresh spin on slot development, partnering with Dynabit Gaming was an obvious value-add for Infingame. Their portfolio of games will be the perfect addition to our platform as we continue to raise the bar for casino aggregators.
“Dynabit Gaming has a reputation for developing exciting, feature-rich content that resonates with players. We’re thrilled to be bringing their games to our platform and offering operators a fresh, highly engaging selection.”
Having established its position as a fast-growing, disruptive force within the iGaming sector, Infingame’s aggregation platform has been designed specifically to help operators expand their footprint across Latin America.
The post Infingame levels up casino portfolio with Dynabit Gaming appeared first on Gaming and Gambling Industry in the Americas.
Celina Guedes Regional Director Brazil at EGT
EGT Digital and EGT to make a memorable debut at SBC Summit Rio 2025
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EGT Digital and EGT will participate for the very first time in this year’s edition of SBC Summit Rio, which will be held on 26 and 27 February. The special selection of the innovative developments of the two companies will be available at booth B490.
The visitors will have the opportunity to get acquainted with EGT Digital’s wide range of slot games, including over 120 popular in-house developed titles on a variety of themes, as well as the jackpot top performers Bell Link, High Cash, Clover Chance, and Single Progressive Jackpot, which are a preferred choice in more than 50 markets around the world.
The iGaming provider will also demonstrate its in-house developed “all-in-one” betting platform X-Nave, containing 4 main modules: Sport Product, Gaming Aggregator, CRM Engine, and Payment Gateway. Standing out with great versatility, the modules can function both as part of the turnkey solution or independently of each other, as they are able to integrate with third-party developments.
The X-Nave’s Sport Product will reveal its rich sports and esports coverage, virtual gaming, real-time betting data, and the impressive number of markets it includes. Operators will learn more about its numerous tools and options, which will allow them to further enrich their customers’ gaming experience.
EGT Digital’s Gaming Aggregator will present over 13,000 titles from more than 130 providers, as well as features like the Buy Bonus, Hot and Cold games category with live RTP insights, and a number of functionalities for content personalization like the Recommendation Engine and Casino as Widget.
The CRM Engine with its numerous player management tools and bonus features, as well as the Payment Gateway, including wide diversity of payment methods, will also be available to operators to offer them everything they need to create offerings perfectly fitting their clients’ tastes and requirements.
EGT’s VLT solutions will also be on display to demonstrate their enormous potential for the Brazilian market.
“I am glad that we will participate in this year’s edition of SBC Summit Rio,” shared Celina Guedes, Regional Director Brazil at EGT. “Being among the largest and most important exhibitions in the market, it will give us the chance to meet with operators, regulators and industry experts from the region and demonstrate our cutting-edge gaming solutions. It will also allow us to gain valuable insights into the recently regulated Brazilian market. I believe that our participation in the show will help us to achieve our main goal of further promoting our brands on a local level and rank them among the leading providers in the country.”
The post EGT Digital and EGT to make a memorable debut at SBC Summit Rio 2025 appeared first on Gaming and Gambling Industry in the Americas.
Balkan's
CT Interactive Strengthens its Presence in Bulgaria
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CT Interactive has strengthened its presence in the Bulgarian market by expanding its portfolio with a new selection of certified games. The latest certification reinforces the company’s commitment to delivering engaging and high-quality gaming content, providing operators with a diverse selection of fresh and innovative titles.
“Bulgaria remains a key market for CT Interactive, and this certification is another step in our strategy to continuously provide top-tier, regulation-compliant games to our partners. We are dedicated to expanding our portfolio with exciting content that enhances player engagement while meeting the highest industry standards,” Martin Ivanov, Chief Operating Officer at CT Interactive, said.
Some of the newly certified games include: The New Queen of Fruits, Book of Power, Guardians of Asgard, Clover Queen, Piggy Crash, Fruits & Sweets Buy Bonus, Hyper Cuber Buy Bonus, Duck of Luck Buy Bonus and others. These titles showcase a mix of dynamic themes and innovative mechanics, designed to appeal to a wide range of player preferences.
The post CT Interactive Strengthens its Presence in Bulgaria appeared first on European Gaming Industry News.
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