Players in Indiana wagered $427.2m betting on sports in January, down 14.9% year-on-year, though the state still reported an increase in revenue.
Consumer spending was down from $500.1m in January last year but 1.0% up from $431.5m in December 2022.
Basketball proved the most popular sport among players with $155.6m in bets during the month, while football drew $90.6m in wagers. Parlay bets reached $124.7m and other sports $55.6m.
Turning to adjustable gross revenue, this stood at $36.5m, up 2.5% year-on-year but down 14.5% from $42.7m in December.
Blue Chip Casino and partner FanDuel took top spot for the month with $17.6m in revenue from $142.9m in total sports bets.
Ameristar Casino and its DraftKings sportsbook followed with revenue of $10.2m, despite a slightly larger handle of $143.2m, then Belterra Casino, another FanDuel partner, with $3.4m in revenue from $39.3m in bets.
The state was also able to collect $3.5m in sports betting tax during January.