Indiana marks the third state this month where Fanatics Sportsbook has gone live, having Michigan last Thursday. Fanatics Sportsbook has been migrating its platform on a state-by-state basis since acquiring PointsBet for $225 million last August.
Much like Iowa and sports betting revenue.
Can Fanatics build on PointsBet’s foundation? 6q4p6w
PointsBet ranked seventh among 13 mobile betting platforms for 2023 handle in Indiana with $88.4 million, down 17.3% from the previous year and 33.8% off its peak of $133.5 million in 2021. Its $7.3 million in accepted wagers to start 2024 was down 11.6% from January 2023.
Fanatics Sportsbook is tethered to Hollywood Casino in Lawrenceburg along with Caesars to round out the top five.
Fanatics Sportsbook replaces PointsBet in a third tier with launched in late January and generated $1.1 million worth of wagers in the final two days of the month.
