Tag: Indiana
Another Hope for Mobile Indiana Sports Betting
After disagreement over the possibility of remote gambling, mobile Indiana sports betting is looking more and more like a real possibility. The state conference committee is reinserting provisions for the apps into the bill as it approaches the finish line. Disagreements across chambers primarily involved non-sports aspects of the bill concerning adjustments to casino licenses and location. As expected, most of Monday’s hearing orbited around those provisions. Mobile was one of the few sticking points within the sports betting language. The Senate bill authorized statewide mobile wagering as passed, but narrow opposition in the House nearly killed the bill entirely….
Indiana Hands Out 3 Fantasy Sports Licenses
The Indiana Gaming Commission (IGC) granted DraftKings, FanDuel and FantasyDraft the permission to operate in the state as the three companies had temporary licenses whilst waiting for a final resolution. Despite the good news for the three biggest operators in the country, thirteen companies suspended their business in the state after they didn’t apply to get a permanent license. All of them had temporary permissions, but Sara Tait, Executive Director of the Indiana Gaming Commission had announced that every party had plenty of notice that they should end operations in the state as of July 1. Companies that want to…
Indiana Legalizes Fantasy Sports
Indiana became the second state with a law formally legalizing daily fantasy sports after Gov. Mike Pence signed Senate Bill 339 on Thursday. Earlier this month, Virginia became the first state to pass such a law. States have taken vastly different approaches as they try to clarify the murky legality of the games. New York’s attorney general has declared them illegal and the industry’s two largest companies, DraftKings and FanDuel, agreed this week to stop taking bets in the state. In Maryland, a bill would put the question to voters in a November referendum. The Indiana law sets a minimum…
Fantasy Updates from Texas, Indiana and Georgia
The fantasy sports industry continues to evolve rapidly in the United States, with several updates to report from around the nation this week. There was positive news from the Midwest, while southern states have not yet come on-board the regulation train. Indiana Sends Fantasy Regulation to Governor Indiana became the second state to officially send a fantasy sports regulatory bill to a governor after the Senate passed legislation on Friday. Virginia’s fantasy sports bill was passed by both chambers last week and landed on the governor’s desk this week. The bill won’t immediately go to Gov. Mike Pence, per GamblingCompliance,…
Indiana Might Study Expanded Gambling
Card Player – The state of Indiana may take a look at its gambling industry this summer with an official legislative study committee, the Associated Press reported. The report said that casino tax revenue has dropped from nearly $876 million in 2009 to about $752 million in fiscal 2013. That decline has been partially due to Indiana’s three casinos near Cincinnati experiencing diminishing revenue since a casino opened in Cincinnati last year. Final decisions on the committee reportedly will come later this month. In addition to Cincinnati, Ohio has put casinos in Cleveland, Toledo and Columbus. Illinois—Indiana’s neighbor to the…