Indiana legalized both mobile and online sports betting in May 2019 making Indiana the tenth state with legal sportsbooks. Governor Eric Holcomb signed HB 1015 into law, effectively allowing casinos, racetracks and satellite facilities the ability to apply for licenses to operate land-based sportsbooks and mobile betting apps.
The final bill stems from two earlier attempts by Indiana to legalize sports betting. The first of which, HB 1363, was written with only a 6.25% tax rate and did not have any regulations forcing sportsbooks to purchase data from official leagues.
There was also a bill introduced in 2018 that sought to legalise sports betting, should New Jersey win its battle with The Supreme Court. The bill stated that if New Jersey was to win its case, the Indiana Gaming Commission must authorize legal sports betting within 90 days.
Under this 2018 bill, sportsbooks licenses would have cost $500,000. Not a bad deal when you compare it to the $4 million renewal fee for New Jersey. The final bill that was passed was a mix between these two bills, as well as another one introduced alongside the first, HB 1363.
So far, there have been a multitude of casinos who have made plans to launch sportsbooks. The dates for many of these is still yet to be decided, but you can see which sportsbooks have already been launched right now. The first physical location opened on September 1, while online betting launched on October 3rd.
The laws allow for third-party providers to operate up to three individually branded sites and apps. This means that if a single casino wanted to, they secure partnerships and launch apps with three different brands all at once. Rising Star Casino Resort is one prime example of this. The casino has already selected three partners and will launch three different betting apps in the future.
The Indiana Gaming Commission regulates sports betting in the state.
One of the things that Indiana has done in favor of freer markets is opting not to impose integrity fees or the official use of data provided by leagues. This paired with a sensible 9.5% tax rate make the Indiana sports betting industry an enticing one for betting brands and casinos.
Sports available for betting in Indiana:
- Auto racing
- Track and Field
List of places where you can bet on sports in Indiana
- BetRivers Indiana
Indiana online sports betting FAQ
Which legal sports betting apps are available in Indiana?
There are currently only two sportsbooks in Indiana: DraftKings Sportsbook and BetRivers IN. Between the two, DraftKings is a more solid choice for mobile betting, as it is available for IOS and Android and BetRivers mobile site is still in its beginning stages and also requires the player to download a third-party tracking system.
Do I have to live in Indiana to bet online?
No. However, you will have to be physically present in the state when placing a bet. The player can access their account and also deposit money from other states.
If I live in Chicago, can I drive into Indiana to place my bets?
Yes. It is for this reason that many industry analysis’s are very bullish on the Indiana betting market. The same situation can be seen in New Jersey, where around 25% of bets come from New Yorkers coming into The Garden State to place wagers. Indiana is in close proximity to many major cities including Chicago, Louisville, Cincinnati and parts of Southern Michigan. If you are in Chicago, you can find one of the PointsBet locations near the city or gas up the car and head to Indiana to sign up for a betting app.
Do Indiana sportsbooks offer any signup bonuses or promotions?
Yes. The betting apps available in Indiana both offer promotions for both new players and existing users.
DraftKings offers to match a new user’s bet up to $200. This means that when you make your first bet, DraftKings in turn will give you a free bet worth as much as you first wagered, up to $200. There are also many frequent odds boosts featured on the DraftKings site.
BetRivers has a slightly more enticing offer. Once the player makes their first deposit, BetRivers will match it up to $250. The incredible thing about this offer is that it only requires a 1X play-through in order to withdraw. Although this offer is better, they feature less promotions on the app than DraftKings.
Can I bet on local college teams?
Indiana differs from other states in that the Indiana Gaming Control board allows the player to bet on in-state college teams. This would include Notre Dame, Indiana, Purdue and more.
Is it legal to bet on sports in Indiana?
Yes, Sports betting was officially legalized in Indiana in 2019. The player can now make a bet at any casinos or online licensed operators in Indiana.
Which betting apps are coming soon to Indiana?
Right now, due to a relatively low ($100,000) licensing fee and a 9.5% tax rate, Indiana is a very favourable market to online sportsbooks. Many sportsbooks have already expressed interest or plans to launch their brands in Indiana. FanDuel Sportsbook is expected to launch its product in late October, with other casinos such as FOX Bet and PointsBet planning to enter the market sometime in the near future. Local casino brands are also expected to launch their own betting apps.
Total Handle | Total Revenue
September: $35,215,416 | $8,558,974
The start of the NFL and college football seasons has had a positive impact on sports betting around the country, but especially so in Indiana. Bets on the sport accounted for nearly 60% of all bets registered during the month.
Tax Revenue (Rate 9.5%)
The casinos near the big cities did exceptionally well. Horseshoe Hammond came out the big winner in the state’s first month. The casino is located just outside of Chicago and took in more than a quarter of the entire state’s handle, by registering almost $9 million in bets.
Ameristar Casino located in East Chicago also had a good month taking in over 5.4 million themselves. This puts the casino into a solid second position in a big month.
Sportsbook Total Handle | Total Revenue
Ameristar Casino Resort: $5,411,479 | $1,275,909 (DraftKings Sportsbook)
Belterra Casino Resort: $709,219 | $133,352 (FanDuel Sportsbook)
Blue Chip Casino: $3,870,797 | $957,470 (FanDuel Sportsbook)
Horseshoe Southern Indiana: $1,051,750 | $293,348 (Caesars)
French Lick Resort Casino: $939,222 | $217,523 (Rush Street Interactive)
Harrah’s Hoosier Park: $4,334,907 | $1,299,012 (Scientific Games)
Hollywood Casino Lawrenceburg: $5,227,776 | $1,235,801 (Kambi)
Horseshoe Hammond Casino: $8,980,989 | $2,080,417 (Scientific Games)
Indiana Grand Racing & Games: $3,621,627 | $764,908 (Scientific Games)
Majestic Star Casino: $0 | $0 (N/A)
Rising Star Casino Resort: $0 | $0 (BetAmerica, Wynn Resorts)
Tropicana Evansville Casino: $1,067,650 | $301, 231 (William Hill)