Indiana issues temporary sports betting permits
The local gaming commission from Indiana has issued 12 temporary sports betting permits.
US.- The Indiana Gaming Commission has revealed that it has issued 12 temporary sports betting permits to local casinos and off-track betting facilities in the state. This move is ahead of the launch of the state’s legal sports betting market that will take place later this year.
The Temporary Certificate of Authority can be issued by the regulator while the licence applications are processed. This allows them to launch sports betting while the commission decides whether or not to issue a full license.
The regulator said that 12 licensed gaming venues received the temporary operating approval on Friday. The Ameristar Casino East Chicago, Boyd Gaming’s Belterra Casino Resort and Blue Chip Casino and Caesars Entertainment’s four properties were cleared to launch from September 1.
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. Indiana sports betting 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.
