FanDuel Sportsbook cleared for launch in Indiana

FanDuel Sportsbook will be launching in Indiana.

Over the weekend, the Indiana Gaming Commission (IGC) gave FanDuel Sportsbook the green light to launch online sports betting operations in Indiana as early as 22 October 2019.

Once FanDuel goes live in the Hoosier State it will be the third online and mobile sportsbook available to Indiana bettors.

FanDuel launched its land-based sports betting operations last month through a partnership with Blue Chip Casino and Belterra Casino, both of which are owned by Boyd Gaming.

Online and mobile sports betting presents the biggest opportunity for FanDuel. FanDuel Sportsbook has emerged as the market leader in New Jersey and Pennsylvania thanks to its robust online and mobile sports betting platform.

FanDuel continues to expand

Following the launch of FanDuel’s app in Indiana, the sportsbook operator will have an online presence in four states.

FanDuel Sportsbook’s mobile and online platform is currently available in New Jersey, Pennsylvania and West Virginia.

In New Jersey, FanDuel serves the state via a licensing agreement with Meadowlands Racetrack. The operator also runs land-based sports betting operations at the racetrack and is currently the most popular land-based sportsbook in the state.

In Pennsylvania, FanDuel operates under a licensing agreement with Boyd Gaming’s Valley Forge Casino. FanDuel also operates its mobile app in West Virginia and runs the land-based sportsbook at the private Greenbrier club.

FanDuel also operates land-based sports betting operations in New York and in Mississippi. The sports betting operator is also awaiting approval to launch its mobile sports betting app in Iowa.

Sports betting in Indiana

Indiana became the tenth state to legalize sports betting following the repeal of the Professional and Amateur Sports Protection Act (PASPA) in 2018.

Governor Eric Holcomb signed HB 1015 into law in May, legalizing land-based and state-wide mobile sports betting. Bettors can sign up for online sportsbook accounts remotely, from anywhere within the state.

On 1 September, Indiana’s sports betting market went live with the Ameristar Casino Hotel East Chicago, the Hollywood Casino & Hotel Lawrenceburg and Indiana Grand Racing & Casino launching land-based sportsbooks.

Indiana’s sports betting market got off to a strong start in September after the state’s sportsbooks processed a combined $35m in bets and generated $8.5m in revenue. It’s important to note that September’s figures only accounted for land-based operations. As online operations went live in October, we can expect to see a massive boost in betting figures in the coming months.

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