The Indiana Gaming Commission (IGC) has published a list of approved events that punters will be able to bet on when sports betting in Indiana goes live in September.
The list was last updated on 23 July 2019 and includes 19 different sports.
According to the IGC, sportsbooks will be able to take bets on the major sports leagues such as the National Hockey League (NHL), Major League Baseball (MLB), National Football League (NFL), National Basketball Association (NBA) as well as nine NCAA divisions. When Indiana’s sports betting market goes live, Hoosiers will be able to bet on:
- Auto racing
- Mixed martial arts
- Track and field
The IGC’s list also states that punters will be able to wager on the MLB, NFL, NHL, WNBA and NBA Drafts.
Punters in the Hoosier State will be able to wager on seasonal awards, such as most valuable player, but only until voting for the events closes.
In-play betting, futures and proposition betting will be permitted for the approved sports on the list. However, in-play bets on collegiate events will be prohibited.
Sports betting operators can request approval to accept wagers on other events. However, the operator must provide the IGC with a description of the event and evidence that the event meets the state’s wagering and data requirements.
Sports betting in Indiana
On 8 May 2019, Indiana’s Governor Eric Holcomb signed the sports betting bill HB 1015 into law, making it the tenth state to legalize sports betting since the repeal of the Professional and Amateur Sports Protection Act (PASPA).
The legislation legalized land-based and state-wide mobile sports betting, and residents will be able to register accounts remotely from anywhere within the state.
Sports betting licenses will cost $100,000 and must be renewed on a yearly basis for $50,000. Licensed casinos will be able to partner with up to three brands for online sports betting.
The state law sets a 9.5% tax on adjusted gross revenue and a portion of tax revenue will be allocated to combating problem gambling.
In early July, the IGC published its proposed sports betting regulations. The IGC is set to hold a meeting on 28 August, where it could discuss the regulations and how to proceed with implementation.
Once the regulations are finalized, Indiana could launch sports betting operations as early as 1 September 2019.