Indiana Sports Betting

Recent news and details about sports betting in Indiana

A bill legalizing sports betting passed through Indiana’s House of Representatives and was signed into law by Gov. Eric Holcomb on May 8, 2019.

Indiana became the second state in the nation to pass a sports gambling law in 2019, following Montana by only a few days.

What still needs to happen?

The new law allows Indiana to have both online and retail sportsbooks in the state. The next step is awarding licenses to vendors and operators and testing the technology and betting protocols for retail and mobile operators. Once approved by regulators, sportsbooks will begin accepting bets from residents inside the state.

Projected Indiana sports betting launch date

With nearby states Iowa, Missouri, and Michigan not far behind in the process, lawmakers are expected to move quickly to get Indiana out of the gate.

The infrastructure is in place in 13 casinos and retail sportsbooks could be live in Indiana before the end of 2019. The state will likely look to expedite the process so that sports betting will be live before the NFL season begins in Fall of 2019.

Indiana Sports Betting FAQ

Is sports betting legal in Indiana?

Yes, but it is not yet active. The expectation is for sportsbooks to go live in Indiana by the end of 2019 and perhaps by the Fall of 2019.

Can I bet online on my phone in Indiana?

Not yet. But mobile betting will eventually be offered in Indiana from a variety of sportsbook apps that must partner with land-based entities within the state.

Where can I bet on sports in Indiana?

Residents of Indiana can bet at casinos, racetracks, and at off-track betting facilities. Once mobile wagering launches, betting will be allowed anywhere within the states borders.

What is the legal gambling age in Indiana?

The legal gambling age in Indiana is 21 years old and the usual restrictions apply to anyone associated with a professional or collegiate sports team or league, i.e. NCAA employees.

Is Bovada legal in Indiana?

No, offshore betting sites such as Bovada and MyBookieare not legal in Indiana or any US state. Online wagering will be allowed via retailers that partner with land-based entities.

Who can apply for an Indiana sports betting license?

Only licensed casinos can currently apply for a sports gambling license to run live sportsbooks. They have the option to partner with a sports betting operator to assist with mobile platforms.

Who oversees Indiana sports betting?

The Indiana Gaming Commission assumes primary responsibility for sports wagering in the state and will use its discretion to regulate the online sports gambling industry.

Recent Indiana News

One Year After PASPA Repeal, Sports Betting Legislation Appears In More Than 75% Of US

May 14, 2019

US Supreme Court decision to overturn PASPA opened up the floodgates for sports betting legislation, making it one of the key policy issues at state level.

The post One Year After PASPA Repeal, Sports Betting Legislation Appears In More Than 75% Of US appeared first on Legal Sports Report.

Hoosier Bookie? Governor Signs Indiana Sports Betting Bill Into Law

May 8, 2019

Indiana is getting sports betting. Gov. Eric Holcomb signed a sports betting bill into law on Wednesday afternoon, making it the second state to legalize wagering this year.

The post Hoosier Bookie? Governor Signs Indiana Sports Betting Bill Into Law appeared first on Legal Sports Report.

Indiana Sports Betting Is Very Close, As Legislature Sends Bill To Governor

April 25, 2019

The Midwest is moving quickly to adopt sports betting. Indiana passed legislation Wednesday to authorize sports wagering, two days after Iowa passed a bill.

The post Indiana Sports Betting Is Very Close, As Legislature Sends Bill To Governor appeared first on Legal Sports Report.

Digging deeper into the Indiana sports betting bill

Last May, Indiana was one of 19 states to sign an amicus brief in support of New Jersey during the SCOTUS ruling on the Professional Amateur Sports Protection Act (PASPA).

In August of 2018, Indiana Gaming Commission hired consulting firm Eilers & Krejcik to a two-year contract, the main goal of which was to advise on the possibilities of sports betting.

Now Bill “H 1015” has passed through the House after legislators settled on a couple of sticky issues to create a unified proposal for the Governor’s office.

Mobile wagering was a key issue for some legislators and that nearly killed the bill. House Public Policy Committee Chairman Ben Smaltz argued that widely available mobile wagering would compromise consumer protections.

After Smaltz struck down the online provision in April, legislators have come together in favor of a revised bill that allows for mobile wagering throughout the state. This bill will impose a reasonable 9.5% tax on revenue and leave the scope of betting and data sources to the discretion of the Indiana Gaming Commission.

The bill would thus remove a provision that would allow for official league data for in-game wagering. It also does not include a 1% integrity fee that would go to professional sports leagues and cut into the state’s revenue.

On the flip side, there is no “hold harmless” provision for any of Indiana’s 13 casinos to ensure that they will be reimbursed if taxation is greater than their revenue from sports gambling. To help ensure the viability of those casinos, sportsbook providers will have to partner with land-based entities.

The bill requires a $100,000 fee for a vendor license, followed by $50,000 annual payments. Spectacle Entertainment will be charged $100M for the right to move two of its casinos from their riverfront locations in Gary, with one moving inland and one to Terre Haute.

The bill does not allow for gambling on esports or on amateur athletes under the age of 17, but NCAA events will be fair play despite the fact that the NCAA has its headquarters in Indianapolis.