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PlayIndiana.com: March Madness propels Indiana sportsbooks to second-best month ever

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PlayColorado.com: Sportsbooks reach $300 million in March to become sixth state to reach $2 billion in lifetime betting

 

Indiana’s sportsbooks reversed their February dip, using a completely home-grown NCAA Tournament to push monthly betting volume past the $300 million mark, according to PlayIndiana, which provides news and analysis of the state’s gaming industry.

“We expect to see high volume across most legal U.S. markets in March, but Indiana’s circumstances were unique with March Madness played entirely in Indiana,” said Jessica Welman, lead analyst at PlayIndiana. “It’s hard to know just how much it moved the needle, but March’s results were clearly fueled by a huge volume of NCAA Tournament games all in one place and by a number of fans who traveled to Indiana and then bet legally as they attended games. We may never see a betting event quite like that ever again.”

Indiana sportsbooks brought in $316.7 million in wagers in March, according to official reporting released Monday. That is the second-most for a month in Indiana and up 15.6% from $273.9 million in February. Only January’s record of $348.2 million topped March’s results, pushing Indiana’s lifetime handle to $3.1 billion since launch.

Sportsbooks generated $26.4 million in revenue, a 55.4% increase from $17 million in February, and only topped by the record $29.3 million set in January. March’s revenue yielded $2.5 million in state taxes.

Year-over-year, March’s handle was up 323.3% from $74.8 million in March 2020, a month marred by the pandemic-related shutdown of major U.S. sports, including the NCAA Tournament. Revenue rose 379.5% year-over-year from $5.5 million in March 2020.

“What a difference a year makes, even if comparing this year to last year is apples and oranges,” said Nicole Russo, analyst for PlayIndiana. “Beyond the shutdowns, so much has changed in Indiana’s landscape. Yet, the state continues to fare well in large part because its regulatory framework has been fair and unlike its neighbors in Illinois, consistent. That has created a resilient state industry able to withstand increased competition from neighboring states and a brutal pandemic.”

Online betting accounted for 88.1%, or $279.2 million, of the state’s handle, a modest decrease from 88.4% in February. $160.6 million of March’s bets were on basketball, a dramatic increase from $127.2 million in February as March Madness gripped the attention of bettors. That came even as Purdue, the lone Indiana representative in the NCAA Tournament among the state’s 10 Division I men’s programs, was knocked out in the first round.

“For a basketball-crazy state like Indiana, a dearth of local teams could have really lowered the state’s handle,” Welman said. “But it appears that the proximity of the tournament made up for a lack of Indiana representation.”

DraftKings/Ameristar Casino led the state’s operators with $111.2 million in online bets, up from $107.4 million in February and accounting for 39.8% of the state’s online handle. The month produced $8.5 million in receipts, up from $3.7 million in January. FanDuel/Blue Chip Casino was second with $92.4 million in bets, up from $70.9 million in February. That produced $6.8 million in receipts, up from $5 million. 

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The leaders were followed by:

  • BetMGM/Belterra ($39.4 million handle, up from $33 million in January; $3.6 million win, up from $2.2 million).
  • PointsBet/Hollywood Lawrenceburg ($13.1 million handle, up from $11.3 million; $1.7 million win, up from $1.3 million)
  • William Hill/Tropicana Evansville ($9.5 million handle, up from $5.6 million; $879,577 win, up from $584,406)
  • BetRivers/French Lick Resort ($9.2 million handle, up from $7.5 million; $829,034 win, up from $490,139)
  • TheScore/Ameristar ($3 million handle, up from $2.7 million; $263,111 win, up from $180,674)
  • Unibet/Horseshoe Hammond ($2.1 million handle, up from $1.8 million; $139,283 win, up from $70,125)
  • Caesars/Horseshoe Hammond ($229,488 handle, down from $667,360; $1,392 win, up from -$20,062)
  • BetAmerica/Rising Star Casino ($76,686 handle, down from $100,555; $1,191 win, down from $3,328)

$37.5 million in bets were placed at retail sportsbooks In March, up from $32.9 million in February. Hollywood Lawrenceburg, nearest Cincinnati, led the retail market with $10.8 million in wagers. Ameristar East Chicago was second with $6.2 million.

Operators in Indiana may also receive a boost from Illinois, where Gov. J.B. Pritzker reinstated in-person registration for that state’s online sportsbooks. That decision could make traveling across the border from the Chicago area more appealing, at least for some.

“Indiana has always been a market that has capitalized on large markets just across its borders,” Russo said. “Illinois’ decision could modestly move the needle, especially for the Chicago-area casinos that have always counted on out-of-state bettors as a significant portion of their customer base.”

For more revenue information on Indiana sportsbooks, visit PlayIndiana.com/revenue.

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BMM INNOVATION GROUP TO SHOWCASE ITS WORLD-LEADING TESTING SERVICES FOR BRAZIL’S FAST-GROWING GAMING MARKET AT BIS SIGMA AMERICAS SUMMIT APRIL 7–10

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Company to share expert insights and highlight its fast-track product certification and lottery support at São Paulo, Brazil show

BMM Innovation Group (“BMM,” “BIG Group,” or “BIG”), a technology conglomerate focused on product compliance testing, cybersecurity solutions, and virtual training for the global gaming industry, will exhibit at BiS SiGMA Americas April 7-10 at the Transamerica Expo Center in São Paulo, Brazil in Stand No. F133.

As Brazil’s gaming landscape undergoes a significant transformation under new federal regulations, BMM is heavily partnered with operators, suppliers, and regulators through this transition. With its three expert divisions – BMM Testlabs, BIG Cyber, and RG24seven Virtual Training – the BIG Group brings unmatched expertise in product testing, cybersecurity, and responsible gaming education, all vital for success in the dynamic Brazilian market.

At the show, BMM will highlight its fast-track product testing and certification process, developed specifically to address Brazil’s recertification requirements for B2B and B2C operators. This streamlined service ensures that gaming companies meet all regulatory standards while maintaining their operating licenses with minimal disruption.

BMM Testlabs’ Marzia Turrini, President of iGaming & Cybersecurity, said, “BMM is committed to guiding customers through the certification process with speed, precision, and expert support. Our goal is to reduce regulatory risks and accelerate time to market in Brazil’s evolving regulatory environment.”

At BiS SiGMA, BMM will highlight its support for Brazil’s expanding state lottery market, working closely with operators to support multi-jurisdictional entry and growth. BMM’s lottery and iLottery testing services help ensure full compliance while enabling faster, broader market access.

Visitors to BMM Innovation Group’s stand at BiS SiGMA Americas will gain insights into the Company’s full suite of services for cybersecurity and defense, as well as responsible gaming, including:

  • Vulnerability assessments, penetration tests, PCI:DSS evaluations, and a suite of managed security services featuring CYREBRO’s Security Operations Center, KnowBe4’s security awareness training, and Maxxsure’s risk management platform.
  • RG24seven Virtual Training, offering expert-led education on responsible gaming, anti-money laundering, and many other important topics, available in Portuguese, Spanish, and English for gaming professionals worldwide.

Turrini added, “BMM is more than just a test lab. We are a long-term strategic partner, helping shape a secure, responsible, and compliant gaming industry in Brazil and globally.”

BMM invites all BiS SiGMA attendees to stop by Stand No. F133 and discover how the Company drives innovation, reliability, and trust across Brazil’s regulated gaming industry. For more information on BMM’s Brazil support, visit the BMM Brazil Hub at brazil.bmm.com/.

 

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No fooling! The All-Inclusive Hotel Room Package is back for summer stays at the Plaza Hotel & Casino

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Tomorrow might be April Fool’s Day but this is no joke, the Plaza Hotel & Casino is bringing back Las Vegas’ only all-inclusive hotel room package starting at $125 per person per night.

The Plaza introduced its all-inclusive hotel room package last summer. It was so well received by guests that the iconic downtown Las Vegas property is bringing it back and extending it for all of June, July and August.

“At a time when tourists are concerned about increasing costs in Las Vegas, including resort fees and paying to park, we wanted to give our guests a more affordable summer vacation option by again offering our all-inclusive hotel room package,” said Jonathan Jossel, CEO of the Plaza Hotel & Casino.

The Plaza’ all-inclusive hotel room package waives all resort fees, but guests will still have free access to the fitness center, self-parking, and rooftop pool. It also includes bottomless drinks from the Omaha Bar and Sports Book Bar on the casino floor as well as breakfast and dinner from various dining outlets, and more.

The Plaza’s all-inclusive hotel room package is available for booking beginning today. Rooms must be booked online by Aug. 29 for a stay June 1 through Aug. 30.

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Jogo da Zebra: The Most Thrilling Version of the Classic Minesweeper Arrives from Vibra Gaming

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Jogo da Zebra: The Most Thrilling Version of the Classic Minesweeper Arrives from Vibra Gaming

 

Vibra Gaming, the leading game and platform developer in the LatAm market, unveils its latest and most exciting release: Jogo da Zebra, a high-adrenaline experience where every click can multiply your winnings. Designed especially for the Brazilian audience, this game reimagines the classic Minesweeper with visuals and gameplay that resonate with local culture.

The game unfolds on a 5×5 grid with 25 hidden tiles. Players can choose how much to bet and how many zebras will appear on the board, directly influencing the level of risk and potential rewards.

To win, players click on the tiles to reveal golden squares, increasing their bet multiplier. At any moment, they can cash out and secure their winnings before encountering a zebra.

The game also incorporates innovative mechanics to enhance the excitement. By selecting the number of hidden zebras on the board (from 1 to 20), players can adjust the difficulty and raise the prize multiplier as they progress. Additionally, if a zebra is revealed followed by a heart, the game grants an extra life, allowing the player to continue without ending the round. This unique feature adds a new layer of thrill and strategy, as only one extra life can be earned per game.

Jogo da Zebra also includes a Turbo Button, which speeds up tile reveals for a more dynamic gaming experience. A Cash Out button allows players to stop and collect their winnings before risking another click.

Ramiro Atucha, CEO of Vibra Gaming, commented: Jogo da Zebra combines the nostalgia of a classic with captivating gameplay and big rewards. It’s the perfect game for thrill-seekers who enjoy risk, where every click can make a difference in winning big. We developed it with the Brazilian audience in mind, incorporating a local theme that connects with their culture and gaming preferences.”

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