which indiana casino allow sports betting

If not for a completely unrelated issue, there is a good chance Indiana would have legalized online gambling last year.

It will also help ease the burdens of stricter responsible gambling policies, which may be necessary to get an online gambling bill across the finish line in a conservative state. Instead of tax revenue, the case for legalizing online casino gambling in Indiana will likely center on modernizing and bolstering the state’s existing casino industry and providing robust consumer protections.įocusing on supporting the existing gambling industry and consumer protections rather than squeezing the industry for tax proceeds will eliminate the usual quibbles over licensing fees and tax rates. Tax revenue will always be a significant issue, but the state is in good shape financially, with a $6 billion budget surplus.

Indiana will skip the usual gambling expansion talking point of tax revenue. The Case for Gambling Legislation Expansion More importantly, Spectrum concluded the revenue would be additive, “Based on results from the six iGaming states, Spectrum does not expect iGaming to negatively impact Indiana casino revenues.”Ī Vixio Gambling Compliance study produced for Light & Wonder estimates the Indiana online gambling market at $724 million at maturity, with a tax revenue potential of nearly $150 million. With 6.7 million residents, Spectrum Gaming estimated the state’s online casino revenue potential at $564 million in Year 1 and $824 million in Year 3. Indiana online casinos would be a solid market. If you read the tea leaves, all signs point to Indiana becoming the seventh state to legalize online casinos next year.

The state has explored online gambling multiple times in recent years, but the stars never adequately aligned for the Hoosier State … until now?.

Indiana is the nation’s best candidate to legalize online casinos and poker in 2023 and is a potential linchpin to further U.S.

Which indiana casino allow sports betting