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Look for Sports Betting to Launch in Indiana in September

Indiana

The big day is September 1. Indiana regulars are launching sports betting at last, following upon recent legalization.

They will no doubt appreciate the betting taxes at 9.5% (of adjust gross revenues). As with other states, a portion will be used for problem gambling treatment.

It takes a hefty fee of $100k fee for operators to get into the action, with a US$50 renewal charge. Wagerers must be 21 either at casinos or participating on mobile. Of note, players must register first at a local venue.

According to Indiana’s governor, Eric Holcomb, the legalization of sports betting will spur the economy and provide employment for over 11,000 Hoosiers.

“It will bring in new revenue and create hundreds of new jobs — both permanent and in construction.”

Source: https://europeangaming.eu/portal/latest-news/2019/07/08/49986/indiana-to-launch-sports-betting-in-september/

About the author

Carol Kay

Carol Kay

Carol Kay is an American editor and writer living in California with a background in business and finance, health and fitness and popular culture. She is the author of numerous books and articles on a variety of subjects. She is dedicated to disseminating information of public import on the internet.

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