LAS VEGAS — Indiana sportsbooks opened 2021 with yet another impressive month, setting the state’s wagering record for a fifth consecutive month with nearly $350 million and posting a new high in revenue.

January’s strong showing, which came as neighboring Michigan launched its sports betting market, is more evidence that Indiana is far from reaching its ceiling and capable of generating more than $3 billion in bets in 2021, according to Jessica Welman, analyst for PlayIndiana.com.

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