Sports betting spend in Indiana fell for the second consecutive month in May to $361.6m (£282.9m/€334.7m) despite the Hoosier State being boosted by the arrival of basketball starlet Caitlin Clark.
Handle in May was 8.2% behind the $393.9m wagered in April. However, the total was up 27.6% from the $283.4m bet in Indiana during May last year.
As has been the case for some time, basketball was the most popular sport to wager on. In total, players in Indiana bet $97.2m on basketball in May. However, this was 19.8% lower than the $121.5m wagered in April – but 35.0% clear of last year’s total.
This decline was despite the arrival of Caitlin Clark, who joined WNBA team the Indiana Fever in mid-April. Clark is regarded as one of the most exciting talents in the history of women’s basketball in the US.
As for other sports, baseball bets in May topped $73.7m, with American football at $1.7m. A further $86.7m was bet on other sports while parlay bets drew $102.1m in total wagers.
Revenue i..