2020 has caused a lot of issues for sports gambling, online gaming and casino companies across America, and Indiana sports betting companies have been feeling the impact in recent months. The current pandemic has caused disruption for a number of industries in the state, with workers being furloughed and others losing their jobs.
The sports betting scene in Indiana is particularly fascinating, and worth taking a look at as an example of how the pandemic has affected businesses. In this blog post, we’ll be taking a look at the Indiana sports betting scene in more depth, and examining how the month of June went for local businesses in the sector.
How did the sports betting sector perform in Indiana last month?
As a whole, the Indiana sports betting sector had a difficult time last month. As reported in this Indiana Gaming Commission paper, the sports betting endeavours in June bought in $29.8 million statewide. This is a steep drop from May – roughly 20% – as May’s sports betting performances came in at a solid $37.3 million.
This drop in revenue is shocking to see on paper, but all things considered, it does make a lot of sense. It’s been a difficult year for the sports betting world, and many companies have found themselves struggling to make ends meet. There has been a big focus on digital sports betting and online gaming, to help keep businesses afloat.
Businesses in Indiana who exclusively trade in person found June particularly difficult. While digital- focussed companies have been able to engage their audience while they have been in lockdown, brick and mortar sports betting establishments have found dealing with lockdown, a lack of customers and a lack of revenue incredibly hard.
It’s important to note that local, nearby businesses have felt a similar strain to the Indiana sports betting shops and casinos, too. Liquor stores, cafes and restaurants have all lost a significant part of their revenue stream due to casino closures and a lack of sports betting. It’s certainly been a difficult year for this sector.
What is Indiana’s sports betting scene like as a whole?
While 2020 has certainly been difficult for the Indiana sports betting and gambling world, it is absolutely essential to point out how Indiana’s gambling world is normally very successful. The state is relatively smaller in population when compared to gambling powerhouses like New Jersey, but there have still been some incredible developments.
Indiana’s gambling scene is known for providing top quality casino-based entertainment. French Lick Casino and Horseshoe Hammond are amongst fan favorites when it comes to casinos, but there are plenty of other brilliant ones to enjoy. If you’re a fan of casino classics and tabletop games, Indiana could be the perfect place for you to check out.
It’s not just casinos that Indiana offers for eager gambling fans, either. There are plenty of incredible sports betting opportunities and online gambling options available for people in Indiana. The sports betting world has become even more popular lately, and the innovative minds in Indiana have responded to this well by providing plenty of gaming options.
If you’ve never been gambling in Indiana before, we’d absolutely recommend it. There are so many brilliant ways to game in this state, and there are plenty of great hotels, restaurants and entertainment options as well. We’d absolutely recommend heading there for your next trip.
All in all, the pandemic has made business quite difficult for many companies across America. While the Indiana sports betting scene has certainly been making waves, it’s important to acknowledge that it still has been a difficult year for the state. However, we’re confident that Indiana’s sports gambling teams will bounce back before the end of the year.
Overall, the sports betting scene – and the gambling scene as a whole – should bounce back after this pandemic. The industry is known for being resilient and hard wearing, and there’s always a new betting style or technological development to keep up with. No matter what type of gambling you enjoy, you’re sure to see some great developments this year.