Indiana Governor signs sports betting bill into law
Indiana has become the latest state to legalise sports betting after Governor Eric Holcomb signed off on House Bill 1015.
The bill permits wagering both in-person at licensed state casinos, racinos and off-track betting parlours, as well as on mobile from anywhere inside Indiana’s borders.
Passed by both the House and Senate last month, HB1015 includes a tax rate of 9.5% on the adjusted gross receipts from sports betting, payable on a monthly basis. Licences will cost an initial $100,000 (£76,850/€89,300) and come into effect from September 1.
Betting will be permitted across a range of professional and collegiate sports event, but punters will not be able to wager on esports or amateur athletic contests featuring competitors under the age of 18. Consumers must be at least 21 to bet on sports.
Read the full story on the new iGaming Business North America site
Image: Governor Eric Holcomb