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Sports Betting Comes to Indiana

It certainly took time, but Indiana has finally joined the ranks of states approving sports betting.

It may be latest, but it won’t be the last. The sports gambling industry is here to stay. In the Hoosier State, three casinos have started sportsbook operators: Ameristar Casino in East Chicago, Hollywood Casino in Lawrenceburg and Indiana Grand Racing & Casino in Shelbyville

The seal of approval

No doubt to show his approval, Governor Eric Holcomb placed one of the first wagers, even though it was a paltry $10 at first. He got into it with two more $10 bets.

In short order, many more operators went live including Horseshoe Hammond and French Lick Resort. Ten casinos and three off-track venues will ultimately become part of the system.

Holcomb led the pack of supporters with his approval of sports gambling legislation in May. This action was followed by the licensing process in July. Operators have stiff fees and must give up 9.5% of gross profits.

Everyone at the Indiana Grand was thrilled to see the governor come to help inaugurate the budding sportsbook.

It is clear that sports gambling has a strong foothold in the region, no doubt due to major league fans. Bettors also go for golf, soccer, tennis and even darts. College sports, usually not part of the package, are also allowed. Just high school and amateur contests are banned.
This gives those engaged in wagering a lot of choices.

Source: https://calvinayre.com/2019/09/03/business/indianas-sports-gambling-scene-ready-for-action/

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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