HomePublicationsNewsletter ArchiveVolume 25Issue 13INDIANA GOVERNOR ERIC HOLCOMB SIGNS SPORTS WAGERING BILL

On Wednesday of this week, Indiana Governor Eric Holcomb signed House Bill 1015 that authorizes mobile sports wagering in the state.  In connection with the enactment of the law, the Governor issued the following statement:

“Gaming is a highly regulated industry that once had little competition, but now does from surrounding states and new technology. By modernizing our laws, this legislation will spur positive economic growth for our state and for an industry that employs over 11,000 Hoosiers. Additionally, it will bring in new revenue and create hundreds of new jobs – both permanent and in construction. I will direct the Indiana Gaming Commission to monitor for potential effects of this bill so that we can make necessary changes in future legislative sessions.”

Pursuant to the new law, the Indiana Gaming Commission could start accepting sports betting applications on July 1, 2019.  The law allows the Commission to issue temporary licenses while full approval is pending.   Under the law, the casino operators that choose to offer sports wagering can apply for up to three different skins for their online sports wagering offerings. More information on the legislation that passed was included in the prior Michigan Gaming newsletter article, Volume 25, Issue 12, Indiana Passes Gaming Expansion Legislation.

 

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