Indiana sports betting updates
The Supreme Court’s (SCOTUS) ruling to overturn PASPA — the federal ban on single-game wagering — was the last domino to fall for Indiana to legalize sports wagering. The state’s sports betting legislation faced opposition on several fronts, including mobile sports wagering. It wasn’t until 2019 that the Indiana Legislature approved the bill, clearing the way for mobile and in-person wagering.
Speaking on the legislation, Gov. Eric Holcomb said: “By modernizing our laws, this legislation will spur positive economic growth for our state and for an industry that employs over 11,000 Hoosiers.”
Take a look at our timeline of Indiana’s sports betting industry:
Aug. 13, 2024: Indiana has a 28% year-over-year betting handle increase in July, producing $261.1 million with an 11% hold.
July 30, 2024: An Indiana gambler receives eight-months in prison after conspiring with an Alabama baseball coach to fix a game to win a six-figure wager.
July 16, 2024: Cailtin Clark’s impact is felt in Indiana’s sports betting numbers for June, as local operators generated 38% more basketball wagers compared to this time last year.
June 3, 2024: An Indiana sports bettor makes a huge Kirstaps Porzingis bet ahead of the NBA Finals, wagering on the Celtics forward to win NBA Finals MVP for a $122,500 payout at Caesars Sportsbook.
May 14, 2024: Indiana Fever’s Caitlin Clark experiences a betting frenzy ahead of WNBA season opener.
May 13, 2024: Indiana posts yearly sports betting gains in April due to basketball betting dominance.
April 16, 2024: Indiana Fever’s No. 1 pick Catlin Clark is already moving the needle at sportsbooks, drawing the majority of WNBA MVP bets and having the top Rookie of the Year odds.
April 16, 2024: Indiana’s sports betting handle rebounds in March, bringing in nearly $100 million more than previous month.
Feb. 27, 2024: Fanatics Sportsbook enters the Indiana sports betting arena, becoming the 13th online operator in the state.
Feb. 16, 2024: Indiana’s sports betting handle falls below $500 million in January, but still earned a 12.6% YoY increase.
Jan. 30, 2024: bet365 expands reach with launch of sportsbook in Indiana, marking the eighth state to welcome the online sports betting operator.
Jan. 15, 2024: Indiana’s sports betting handle stays above $500 million in December despite slight drop.
Nov. 14, 2023: ESPN BET goes live with online and mobile sports betting, launching in Indiana and 16 other states.
Nov. 2, 2023: ESPN BET plans to launch on Nov. 14, 2023, with online sports betting going live in 17 U.S. states, including Indiana.
Sept. 13, 2023: Indiana’s sports betting handle increases 17% from July to August, hitting $238.1 million in retail and online wagers.
Aug. 11, 2023: WynnBET — the legal sports betting and iGaming platform for Wynn Resorts — closes operations in eight jurisdictions, including Indiana.
June 6, 2023: The NFL launches an investigation after Indianapolis Colts cornerback Isaiah Rodgers places roughly 100 wagers with an unnamed Indiana sports betting site.
May 13, 2023: Indiana’s April sports betting handle dips to $321.4 million, a 25.7% month-over-month decline.
March 29, 2023: The launch of the DraftKings horse-racing app within the Indiana sports betting eco-system coincides with the upcoming Kentucky Derby.
Feb. 21, 2023: A bill for Indiana online casino legislation failed to make it through a House committee. A flawed fiscal impact statement is being cited by Sen. Jon Ford as the primary reason for the collapse of HB 1536.
Dec. 14, 2022: Indiana tops the $10 billion wagering threshold, thanks in part to November’s $452.3 million in sports wagers.
Nov. 3, 2022: Betr announces an agreement with the Eastern Band of Cherokee Indians to enter IN’s sports betting market via Caesars Southern Indiana.
Oct. 14, 2022: Indiana’s September sports betting handle rose 46.5% compared to August, as legal sportsbooks raked in $382.5 million.
Oct. 4, 2022: SBK comes online in Indiana with approval from the Indiana Gaming Commission. Its arrival in Indiana follows its 2020 market launch in Colorado.
Sept. 30, 2022: MaximBet officially goes live in Indiana, its second state following Colorado.
Sept. 12, 2022: Indiana sports betting figures get a nice August bump, including a nearly double-digit increase from the previous month’s handle.
Sept. 6, 2022: As planned, Hard Rock Sportsbook launches its online platform in the state. It becomes Indiana’s 13th active sportsbook.
Aug. 23, 2022: The Indiana Gaming Commission gives Hard Rock Sportsbook the green light to launch its online sportsbook on Sept. 6, 2022.
Aug. 12, 2022: The Indiana Gaming Commission reports that the state handled $206.6 million in bets for July, Indiana’s lowest monthly level since July 2021.
June 29, 2022: BlueBet is granted online market access in Indiana through its partnership with Caesars-owned Horseshoe Casino – Hammond. BlueBet will launch its ClutchBet brand in the Hoosier State, pending regulatory approvals.
June 8, 2022: Caesars Racebook goes live in Indiana, its third state launch following Florida and Ohio.
May 12, 2022: Indiana snaps a streak of six consecutive months with a sports betting handle of over $400 million. Its $360 million April handle is its lowest since September 2021.
Feb. 23, 2022: Sporttrade gains market access in Indiana by partnering with Caesars Entertainment. The company expects to launch its sports trading platform in 2023.
Feb. 16, 2022: MaximBet announces plans to launch in the Iowa and Indiana sports betting markets.
Feb. 14, 2022: Sportsbooks operating in the Hoosier State generated $500 million in January, joining the likes of New York, New Jersey, Nevada, Illinois, Pennsylvania, and Michigan, as the only states to hit that mark.
Dec. 16, 2021: Bally Bet becomes the 13th online sportsbook to launch in the Hoosier State.
Nov. 15, 2021: Indiana smashed September’s sportsbook handle, recording more than $460 million in October.
Oct. 12, 2021: Tropicana Evansville officially changes ownership and is rebranded as Bally’s Evansville.
October 2021: Indiana sportsbooks record more than $355 million in wagers during September, the start of the NFL regular season.
September 2021: Indiana’s sports betting handle for August increased by nearly 11 percent compared to July.
July 2020: Unibet gained market access to Indiana through a partnership with the Caesars run Horseshoe Hammond Casino.
Oct. 3, 2019: BetRivers becomes the first online sportsbook to operate under Indiana sports betting law. DraftKings, a sports betting partner of Ameristar Casino, launches the same day.
Sept. 1, 2019: The first retail sportsbooks go live as Ameristar East Chicago, Hollywood Casino, and Indiana Grand all open their doors.
May 8, 2019: Gov. Eric Holcomb signs HB 1015 into law. Indiana online sports betting and retail wagering are legalized.
May 2018: The Supreme Court overturns PASPA, allowing states to legalize sports gambling.
January 2018: Indiana introduces HB 1015 in anticipation of the Supreme Court overturning the Professional and Amateur Sports Protection Act (PASPA).
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Publish date : 2024-08-29 22:30:00
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