Sports betting is now legal in the state of Indiana. Governor Eric Holcomb signed a bill into law back on May 8, 2019, that made sports betting legal in the Hoosier State. Indiana became the second state to legalize sports betting in 2019 (Montana). A few sportsbooks are now open in the state, beginning as early as September 1. Mobile sports betting is also legal in the state but has yet to launch in Indiana, although, it is expected that it will happen soon.
|Ameristar Casino Resort||DraftKings Sportsbook||Yes|
|Belterra Casino Resort||FanDuel Sportsbook||Yes|
|Blue Chip Casino||FanDuel Sportsbook||Yes|
|French Lick Resort Casino||BetRivers||Yes|
|Harrah’s Hoosier Park||Caesars Sports||No|
|Hollywood Casino Lawrenceburg||Kambi||No|
|Horseshoe Hammond Casino||Caesars Sports||No|
|Horseshoe Southern Indiana Hotel & Casino||Caesars Sports||No|
|Indiana Grand Racing & Casino||Caesars Sports||No|
|Majestic Star Casino||USA Sports Gaming||No|
|Rising Star Casino Resort||BetAmerica||No|
|Tropicana Evansville Casino||William Hill||No|
|Winner’s Circle Clarksville||Caesars Sports||No|
|Winner’s Circle Indianapolis||Caesars Sports||No|
|Winner’s Circle New Haven||Caesars Sports||No|
Sports Betting Timeline in Indiana
Like most other states in the country, the road to legal sports betting in Indiana started with the Professional and Amateur Sports Protection Act (PASPA) ruling back in May of 2018. Once the PASPA ruling was overturned, Indiana became the 10th state to legalize sports betting.
H1015 was the first and really only sports betting bill that Indiana needed. The bill was actually created prior to the PASPA ruling due to the assumption that the ruling would be favorable for the states. H1015 took its first steps in January of 2018 when it had its first reading. Once February rolled around, the Indiana Senate got its first glimpse of H1015.
Once PASPA was overturned, Indiana was ready to take the next step. Both the House and Senate made their amendments to the bill and H1015 was on its way to becoming law. Before that would happen, one issue caused a bit of a speed bump along the way, mobile betting. Mobile sports betting was part of the original bill. It was then removed from the bill and it appeared Indiana would be without mobile betting. However, mobile managed to make its way onto the bill’s final copy.
Fast forward to April 2019 and H1015 encountered the biggest steps on its journey through legislation, two separate votes, one by the House and the other the Senate. The bill managed to make its way through without much issue, passing the Senate 37-12 and the house 59-36. Once the bill passed both chambers, it didn’t technically need the governor’s signature due to terms of the Indiana Constitution. Regardless, the bill then made its way to Governor Holcomb without any doubt that it would be signed (he expressed support of regulated sports betting multiple times).
Key Details of H1015
Here are some of the details that are part of the bill (H1015) that Governor Holcomb signed into law:
– The Indiana Gaming Commission is the regulatory body and can restrict in-play betting as deemed necessary
– Wagering on esports is prohibited
– $100,000 licensing fee with a $50,000 renewal fee
– 9.5% state gambling tax
– Part of tax revenue is allocated to problem gambling
– Minimum betting age is 21
– Gambling facilities have the option to partner with a sports betting operator as they please
Casinos That Will Offer Sports Betting in Indiana
There were three casinos that were first to the finish line in Indiana. On September 1st, Ameristar East Chicago, Hollywood Casino, and Indiana Grand all began accepting sports wagers. More than a dozen facilities in the state are eligible to begin offering sports betting.
Locations eligible to offer sports betting in Indiana:
– Ameristar East Chicago (riverboat – launched)
– Belterra Casino (riverboat – launched)
– Blue Chip Casino (riverboat – launched)
– Four Winds South Bend (Native American)
– French Lick Resort Casino (launched)
– Hollywood Casino (riverboat – launched)
– Hoosier Park (racino)
– Horseshoe Southern Indiana (riverboat)
– Horseshoe Casino (riverboat -launched)
– Indiana Grand Casino (racino – launched)
– Majestic Star Gary (riverboat)
– Majestic Star II (riverboat)
– Rising Star Casino Resort (riverboat)
– Tropicana Evansville (launched)
– Winners Circle Clarksville (launched)
– Winners Circle New Haven
Mobile/Online Sports Betting in Indiana
FanDuel Sportsbook & DraftKings Sportsbook are live and you can play online if you are located in Indiana.
Indiana Sports Betting Market Size
Indiana has a nice location when it comes to legal sports betting. Ohio to the east is making efforts to legalize sports betting but they still seem to be at least a year (most likely longer) away from any real progress. Michigan to the North is in the same boat as Ohio but appears to be likely to legalize sports betting next year. To the South, Kentucky is not expected to be a part of the next wave of states to legalize sports betting. Illinois to the East already has legal sports betting in place but nothing has launched yet.
Indiana is 17th in population, so there is a fairly nice-sized market available. With Detroit just to the North, Indiana should see increased sports betting numbers at least until Michigan launches its own legal sportsbooks. The same goes for Ohio. Indiana will see some of its best numbers in the early years while bordering state’s residents cross state lines to place their bets. Having mobile wagering is key for Indiana as it attracts out-of-state bettors. Once neighboring states get with the times and legal sports betting of their own, Indiana will drop off into more of an “average” expected market size.