Gambling: Casinos & SportsbookYear Regulated Gambling:
Lottery (1988), Bingo (1992), Horseracing (1994), Casinos (1993)
Estimated Gambling Revenue:
18 for lotteries, bingo, and racing, 21 for casinos
Horseracing and Sports betting is the only version of online gambling legal in Indiana.
Indiana sports betting is live and open for business. In the fall of 2019, DraftKings and BetRivers launched online betting. Then, Caesars, BetMGM, and PointsBet all went live in spring 2020. Indiana now allows absolute internet gaming and withdrawals, which is a big success for customers. It’s also appealing to operators because of its welcoming laws, population, and proximity to cities where gambling is illegal.
There’s a lot of exciting things you might not know about Indiana casino sports betting. However, here’s what you need to learn about legal sports betting in Indiana.
Best Sportsbooks for Indiana Sports Gambling
- BetMGM Sports
- BetRivers Sports
- FanDuel Sportsbook
- William Hill
- DraftKings Sportsbook
- Unibet Sports
In Indiana, you should be 21 years old or older to put a wager. You can legitimately gamble at physical sportsbooks, online, or with an app in the state. However, make sure you’re dealing with a licensed and supervised provider.
You may register to play online or on your mobile device from afar. The operators would need to check further that you are who you think you are. They do this before signing up to be able to make bets. They achieve this by using a technique known as geolocation monitoring.
In a nutshell, following an initial update, this is a piece of software that runs in the background. Once you log in online or via smartphone, you’ll be promoting to confirm that you’re inside the state’s boundaries. Moreover, you won’t be allowed to continue if you aren’t.
When it comes to creating an account, it’s just common knowledge and nothing unusual. You’ll have to include your name, the last four digits of your Social Security number, and email. Then you’re ready to go until your account is set up.
History of Betting in Indiana
Indiana casinos and gaming have a shorter history than most other nations. On November 8, 1988, Indiana voters approved a lottery by a 62-38 margin. The lottery is known as the Hoosier Lottery. Then on October 13, 1989, the first instant game ticket was sold. In April of 1990, the launching of the first lotto game took place. That was a Lotto Cash draw regularly. Three months after that, the Daily 3 and Daily 4 sketches began. Finally, in October 1990, the Indiana Lottery began holding multi-state lotto draws.
The officials first regulated horse racing on September 1, 1994. That’s when Hoosier Park first made its debut. After that, off-track betting became legal the following year. Indiana Downs, Indiana’s second racetrack, opened on December 6, 2002.
On July 1, 1993, the Indiana Riverboat Act was into law. It allowed the building of riverboat casinos on Lake Michigan and the Ohio River in Indiana. The riverboats had to be able to navigate. However, in 1999, officials overturned this statute. The inclusion of a workforce and a motor was no longer needed. Today, both ships are grounded. The French Lick Casino is at the top of the list of Indiana casinos remembered as riverboats.
Indiana casino gaming was extended to all active racetracks in 2007. At Hoosier Park and Indiana Downs, Operators built 2,000 slots and video poker machines.
Indiana Gambling Laws
Following the Supreme Court’s repeal of the Professional Sports and Amateur Act in 2018, Indiana legislators announced passing legislation. It is to regulate sports betting in the state. Governor Eric Holcomb backed legislators, and he kept the pledge in early 2019.
The Indiana state legislature passed Bill H 1015 on April 25, 2019, making all physical and online sports gambling legal. Governor Holcomb also signed the bill into law in May 2019.
Indiana’s emerging sports betting market will be overseen and controlled by the Indiana Gaming Commission. The business started its operations in September of that year. It was just days before the beginning of the NFL season after the organization immediately went to work updating sports betting licenses.
All company that wants to sell sports betting in the state must either be a land-based casino or affiliate with one. Because when the officials signed the bill into law, the tax limit on all total gaming income at 9.5 percent. A sports betting license costs $100,000 upfront, with a $50,000 recurring renewal charge.
Sports Betting in Indiana FAQs
Is it legal to gamble on sports online in Indiana?
Yes, really. Indiana legalized sports betting in September 2019, just in time for the NFL and college football seasons. In October, internet gambling became available.
When did sports wagering become legal in Indiana?
Indiana, on the other hand, was quick to get to work. Indiana allowed sports betting a year later, in May 2019. With the possibility of online sports betting, the state can become a significant player until betting started.
Is it legal in Indiana to bet on US elections?
Indiana sports gambling online has permitted Oscar wagering, but that is the extent of its amusement legislation. Wagering in US national elections is now prohibited in Indiana and the rest of the United States. There’s been some hope that permit will make progress on this front in the future, but we’ll have to wait and see.