Sports Betting To Launch In Indiana From September 1

Sports Betting To Launch In Indiana From September 1

Sports Betting operations in Indiana will be launching from September 1 as its first sportsbooks would go live. The casinos in the state are all geared up to launch sports betting operations. Indiana has already legalized sports betting.

Indiana’s gambling revenue has dropped by about 18 percent since 2012 and the state is hoping to generate about $13 million additional revenue per year by launching sports betting operations. Indiana’s sports betting tax regime imposes a state tax of only 9.5% of gambling establishment’s sportsbook winnings.

While all top gaming operators in the state are set to launch sports gambling operations, Sara Gonso Tait, the Indiana Gaming Commission’s executive director, has said that mobile betting will not be restricted and soon after the launch, gambling operators will be able to offer mobile sports betting as soon as they are set to launch their respective apps and/or services.

Earlier this month, Iowa became the 11th state to launch sports betting operations after the US Supreme Court legalized sports betting last year. Six casinos in the state offered on-site sports gambling while Casinos in Altoona, Bettendorf, Osceola, and Waterloo offered to bet on-site and through a mobile app.

There are a total of 19 licensed casino operators in the state and it is expected that all 19 casinos offer sports betting. According to the current regulations, players in Iowa must visit the casino gambling facility in person, prove their age and identity and set up an account to wager on sporting events.

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