INDIANAPOLIS — Indiana continues to bring in more money than expected each month so far this fiscal year, including more than $880,000 in November sports wagering tax revenue. The state’s general fund revenue for November reached a little more than $1.1 billion, which is $53.6 million above the adjusted revenue forecast presented in April. INDIANAPOLIS –– Indiana continues to bring in more money than expected each month so far this fiscal year, including more than $880,000 in November sports wagering tax revenue. The state’s general fund revenue for November reached a little more than $1.1 billion, which is $53.6 million above the adjusted revenue forecast presented in April. Indiana casino gambling, sports wagering revenue nearly back gambling, sports wagering revenue nearly back to play popular slot machine titles without wagering — or winning — any money. Indiana also outpaced Colorado to reclaim its spot as the fifth-largest sports wagering market in the United States, behind only New Jersey, Nevada, Pennsylvania and Illinois. Things were less dynamic last month inside most Indiana casinos as increased COVID-19 safety precautions and new limits on entertainment, bars and restaurants dropped the statewide casino win to $148.2 million . Sports Wagering and Paid Fantasy Sports View the Monthly Revenue reports. View to Indiana Gaming Commission Annual Report. View the yearly riverboat evaluation reports. Become a supplier to an Indiana gambling operation. Revenue Report - January 2020 or XLSX Version Corrections; 2021 Monthly Revenue Posting Dates. He said researchers predict Indiana sports wagering will be worth about $300 million per year in revenue, which translates to about $30 million in annual tax revenue. wagering tax revenue deposited in the Property Tax Replacement Fund was $464.0 M in FY 2004, $424.6 M in FY 2005, and $452.5 million in FY 2006. In June 2003, the Build Indiana Fund received a transfer of $131.8 million from the State In September, Indiana became the 13th state to offer sports wagering. Casinos and sportsbooks generated $41.4 million after costs. Gambling generated about $3.7 million in tax revenue. Supplemental Wagering Tax – License holders for riverboat gaming operations are required to pay a supplemental wagering tax on their adjusted gross receipts from gaming operations each day. The tax rate is determined by the Indiana Gaming Commission. Tire Fee (TIF) – Taxpayers who remit RST must use the same method to file and pay TIF. INDIANAPOLIS — Indiana continues to bring in more money than expected each month so far this fiscal year, including more than $880,000 in November sports wagering tax revenue. The state’s general fund revenue for November reached a little more than $1.1 billion, which is $53.6 million above the adjusted revenue forecast presented in April.
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