So far, it looks like the 2022-23 fiscal year might have been the end of a pendulum swing for Indiana’s gambling industry. Through two months, Indiana casinos and sportsbooks have struggled to keep pace.
The gap isn’t massive, however, and it’s early in the current fiscal year. One aspect of the financial statistics points to an area where Indiana gaming entities could make up ground in the coming months.
There isn’t a lot of positive news to report about adjusted gross revenue (AGR) from poker, slots, and table games in Indiana for August. The statewide total was down 5.7% compared to August 2022, for starters.
Only three of the 12 casino licensees saw individual annual improvements in their AGR and in all three cases, the upticks were quite negligible. The year-over-year revenue comparison is even less kind in terms of legal sports betting in Indiana.
