Indiana gets ready for sports betting
The market continues to expand and Indiana casinos are getting ready for sports betting as the segment is close to arriving in the state.
US.- The sports betting industry continues to expand in the US, and Indiana is getting ready for it. As the segment could be legalised in a month, operators are preparing to launch once it finally arrives.
The Indiana Gaming Commission approved 13 locations in the state to run sports betting. Most casinos got their temporary licences, excepting for the Rising Star and the Gary riverboats. Furthermore, three off-track betting locations can run the segment.
Emergency regulations
The sports betting segment was legalised in Indiana in May, but regulations haven’t been outlined yet. However, state regulators hope to launch the business by September 1 and are hopeful that they will achieve it.
The state issued emergency regulations earlier this month to speed up the process. Those include mobile betting rules and a prohibition for wagers on eSports or amateur athletes under the age of 18. Taxes are set at 9.5% of the adjusted gross. Part of it will go to help problem gamblers treatment. Furthermore, vendors will have to pay an initial US$100k fee, with a US$50 renewal fee.
