Indiana launched sports betting in September 2019, with the mobile portion of the industry launching just one month later. The state has seen tremendous growth in the industry over the last 12 months, and that trend should continue in the coming years.
The state of Indiana is known for its love of sports, and there are plenty of betting markets available in the state. There are also a large number of both retail and mobile betting options in Indiana.
Sportsbooks have plenty of freedom when it comes to betting options and sports to offer, and that is one reason that new operators continue to enter the market. Indiana has quickly emerged as a sports betting leader in the Midwest, and they are a huge player in the entire US sports betting industry.
The History behind Legal Sports Betting in Indiana
Indiana has a culture rooted deeply in sports, so it made sense for state lawmakers to explore the possibility of legalizing sports betting. After the United States Supreme Court ruling to remove the federal ban on gambling, lawmakers quickly went to work to get a bill passed.
Lawmakers debated for several weeks during the early part of 2019, and it appeared that a bill was not going to get passed. On April 25, 2019, lawmakers were able to pass a sports betting bill, just hours before the session ended.
Mobile betting was actually removed from the bill early on in the process, but lawmakers were able to add it back in just before the official vote. Governor Mike Holcomb signed the bill into law on May 8, 2020, and the state started discussing plans to launch the industry that fall.
The sports betting industry officially launched on September 1, 2019, just days before the start of the NFL season. The first month consisted of only retail sports betting options, but the mobile industry was launched in October 2019.
Statewide mobile betting is allowed in the state of Indiana, and in-person registration is not required. The legal gambling age in the state of Indiana is 21 years of age.
Indiana has placed some sportsbooks restrictions, including banning all betting on amateur events and all esports competitions. The Indiana Gaming Commission has been tasked with regulating the sports betting industry, and that group approves all sports betting licenses.
Gross gaming revenue is taxed at a rate of 9.5%, and all of the revenue is deposited into the state’s general fund. That fund helps to fund education, prisons, and health care.
Financial History behind Legal Sports Betting in Indiana
Things started strong for the Indiana sports betting industry and have continued to improve for the Hoosier State. Since the first few months, Indiana has shown tremendous growth, and the industry has now recovered from the COVID-19 pandemic.
Indiana saw more than $35 million in betting handle and more than $8.5 million in revenue during the first month in September 2019. All of those totals were brought in without any mobile betting taking place.
The next month, October 2019, brought in more than $90 million in wagers, with a majority of that betting being done online. Indiana was seeing a large number of bets placed from residents of Illinois that were traveling across the border to place bets.
Things continued to trend in that direction for the industry, and Indiana continued to see plenty of growth. Retail and mobile sportsbooks continued to launch, giving sports bettors throughout the state more betting options.
As the COVID-19 pandemic spread throughout the United States, it forced the sports betting industry in Indiana to come to a halt. Mobile sportsbook apps were still open and available to the public, but all retail locations were shut down.
Still, in July, Indiana went over the $1 billion mark for total betting handle, doing so in just under 10 months. The return of live sports during August boosted the numbers in Indiana, and the state began setting new records.
Sports betting handle jumped up to $169 million in August, which was an increase of more than 130% from July. Indiana also brought in nearly $10 million in revenue in August, which was critical for the state looking to recover financially.
September sports betting handle in Indiana totaled more than $207.5 million, shattering the previous record in the state. This was the first time that the sports betting handle has gone over the $200 million mark.
Sportsbook Apps in Indiana
Indiana lawmakers were adamant that any sports betting legislation had to included mobile sports betting options. Mobile sports betting operators would be forced to partner with a retail location before applying for a sports betting license.
The numbers reported in Indiana clearly show that mobile sports betting has dominated the market since last October. Other states have seen similar trends, but few have had as much success or growth as Indiana has seen.
Another thing that Indiana got right is to allow bettors to register for a sports betting account remotely. This means that the entire registration process can be done online or through a mobile device, and bettors don’t even have to step foot inside of a casino.
Mobile sportsbook apps in Indiana are available for download on Android and iOS devices, and most sportsbooks will provide a link right on the welcome page.
In Indiana, the online sports betting industry launched on October 3, 2019, just over a month after retail sports betting was available. BetRivers and DraftKings were the first two operators that went live, but they have been joined by several others since then.
Here is a current list of online sportsbooks in the state of Indiana as of October 2020:
- BetRivers (October 3, 2019)
- DraftKings Sportsbook (October 3, 2019)
- FanDuel Sportsbook (October 26, 2019)
- BetAmerica (December 30, 2019)
- BetMGM (February 25, 2020)
- PointsBet (March 6, 2020)
- Caesars Sportsbook (May 19, 2020)
- Unibet Sportsbook (July 30, 2020)
- theScore Bet (September 17, 2020)
As the mobile sports betting industry continues to grow throughout Indiana, other operators are looking to launch. There are still some sports betting skins available, and that will mean that new operators enter. Here is a brief list of three potential future mobile apps set to launch in Indiana:
- Fox Bet
- William Hill
- Barstool Sportsbook
Landlocked Locations to Bet on Sports in Indiana
Indiana has a large casino industry, and that allowed for sports betting to become a smooth transition. All of the retail casinos and race tracks in the state of Indiana have the ability to apply for a sports betting license to begin accepting bets.
All of the casinos and off-track betting sites in Indiana were required to partner with a sports betting operator before they could begin accepting wagers. Some of the biggest names in the industry quickly lined up to form deals with retail locations.
Here is a list of all of the retail sports betting locations, and their partners, in the state of Indiana:
- Ameristar Casino Resort (DraftKings Sportsbook)
- Belterra Casino Resort (FanDuel Sportsbook)
- Blue Chip Casino (FanDuel Sportsbook)
- French Lick Resort Casino (Rush Street Interactive)
- Harrah’s Hoosier Park (Caesars)
- Hollywood Casino-Lawrenceburg (Kambi)
- Horseshoe Hammond Casino (Caesars)
- Horseshoe Southern Indiana Hotel & Casino (Caesars)
- Indiana Grand Racing & Casino (Caesars)
- Majestic Star Casino (USA Sports Gaming)
- Rising Star Casino Resort (BetAmerica)
- Tropicana Evansville Casino (William Hill)
- Winner’s Circle-Clarksville (Caesars)
- Winner’s Circle-Indianapolis (Caesars)
- Winner’s Circle-New Haven (Caesars)
Sports Teams to Bet on in Indiana
Indiana has some of the most loyal sports fans in the country, and this state is known for its love of sports. The state is not home to as many professional teams as some other states, but all of the teams are extremely popular.
Basketball is the most popular sport in the Hoosier State, making the Indiana Pacers one of the most beloved teams. The Indiana Fever of the WNBA is also popular throughout the state, and sportsbooks will offer betting options for that sport.
Football is the most popular sport to bet on throughout the country, and it is no different in Indiana. The Indianapolis Colts are members of the National Football League, and they are a team that helps drive sports betting.
The state is without a professional baseball or hockey team, but Chicago’s proximity gives Indiana residents a few other teams to follow and bet on. The Chicago Cubs and the Chicago Blackhawks have a strong following throughout the state of Indiana.
The Indiana Gaming Commission allows betting on college sporting events, and there are several popular college teams in the state. Indiana is in the heart of Big Ten country, and the Purdue Boilermakers and the Indiana Hoosiers are both members of that league.
Finally, the Notre Dame Fighting Irish call South Bend, Indiana home, and this is one of the most famous teams in the country. Betting on Fighting Irish football games each Fall helps to drive the sports betting industry.
FAQ for betting in Indiana
When did Indiana legalize sports betting?
Governor Eric Holcomb signed a sports betting bill into law on May 8, 2019. Indiana became the 13th state in the country to legalize sports betting at that time.
When was the first official bet placed in the state of Indiana?
September 1, 2019, marked the official start of sports betting in the state of Indiana. Governor Holcomb placed three bets on that date. Holcomb bet on the Indianapolis Colts and Indiana Pacers to win their respective championships and bet on the Indiana Fever to win that night.
What group regulates sports betting in Indiana?
The Indiana Gaming Commission regulates the sports betting industry in Indiana.
Is mobile sports betting available in Indiana?
Yes, mobile sports betting officially rolled out in October 2019, just a few weeks after retail betting was available. Mobile sports betting accounts for the largest number of bets and revenue each month.
Can I bet on college sporting events in Indiana?
Yes, wagering on college athletic events is legal in Indiana. Esports and wagering on amateur athletic events are illegal.
What is the legal betting age in Indiana?
The legal age to place a sports bet in Indiana is 21 years of age. This is pretty standard for the sports betting industry throughout the United States.
Do I have to live in the state to bet on sports?
No, you do not have to live in Indiana to place a bet on sports, but you do have to be within the state boundaries. Locations services must be enabled on your mobile device to begin placing wagers.
Is live betting available in Indiana?
Yes, sportsbooks are able to offer live betting options to customers throughout the state. The Indiana Gaming Commission regulates live betting options, but sportsbooks can take these kinds of wagers.