Another sports betting app has launched in the state of Indiana.
The Australian sportsbook operator, PointsBet, has launched its mobile sports betting app in the state of Indiana after receiving approval from the Indiana Gaming Commission (IGC).
PointsBet will now offer online and mobile sports betting in the Hoosier State through its subsidiary, PointBet Indiana.
With the launch of the PointsBet in Indiana, the operator now has a presence in three US states including New Jersey and Iowa. PointsBet has also inked a deal with the Double Eagle Casino in Cripple Creek, Colorado and has secured a license to offer sports betting in the state once the market goes live.
PointsBet in Indiana
The operator initially secured entry into Indiana’s sports betting market in July 2019, after agreeing a 20-year market access deal with Penn National Gaming, the owner of Lawrenceburg’s Hollywood Casino.
The news of PointsBet’s launch in Indiana today comes after the operator was granted a temporary vendor license by the IGC in January.
PointsBet US chief executive Johnny Aitken said: “The PointsBet team is excited to share that we are now officially live in Indiana – our third state of operation – where we look forward to providing the sports-loving community in the Hoosier State with the fastest, premium sports betting product they deserve.”
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 2019, legalizing land-based and state-wide mobile sports betting. Bettors can sign up for online sportsbook accounts remotely, from anywhere within the state.
At the time of writing, bettors in the Hoosier State have several online sports betting options which include, DraftKings, FanDuel, BetRivers, BetAmerica, BetMGM and now, PointsBet.
In January, Indiana’s sports betting market set new records for both revenue and betting handle. According to figures from the IGC, sportsbooks in the Hoosier State generated $12.9m in revenue in January, representing a 7.3% increase on the $12m generated in December 2019. Sports betting handle also increased by 5.6% from $161m up to $170.8m in January 2020.