Indiana tax revenue generated by Hoosiers gambling exceeded $1 billion during the 2022 state budget year for the first time in a decade, recently released data show.
Altogether, state government reaped $1.04 billion from gambling-related revenue streams between July 1, 2021, and June 30, 2022 — an 8% increase from the $958.3 million in gambling taxes collected by Indiana during its 2021 budget year.
An upswing in casino wagering tax receipts largely was responsible for Indiana breaking the $1 billion mark for total gambling revenue.
According to the Indiana Gaming Commission, the two state taxes levied on the $2.5 billion in casino “win,” or earnings after paying off successful slot machine and table game bets, generated $660.2 million for Indiana during the 12-month period.