Indiana Gaming Commission
|Year||Revenue||# of Operating Facilities|
The Indiana Gaming Commission regulates the state’s sports betting industry, which has seen tremendous growth in just a few short years. In 2019, Indiana’s sportsbooks generated $447.8 million in revenue across 13 facilities. The following year, despite the challenges posed by the COVID-19 pandemic, the industry more than quadrupled its revenue to $1.81 billion, albeit at fewer operating facilities. As the Hoosier State continues to offer a diverse array of betting options, including online and in-person wagering, the Indiana Gaming Commission is committed to ensuring the industry’s integrity and sustainability.
(Factual reference: https://www.in.gov/gaming/files/Sports_Wagering_2019_FINAL.pdf, https://www.in.gov/gaming/files/Sports_Wagering_2020_FINAL.pdf)
House Bill 1015
|State||Total Handle||Total Revenue||Online Handle||Online Revenue|
|Indiana||$2.3 billion||$183.9 million||$1.6 billion||$121.4 million|
House Bill 1015 legalized sports betting in Indiana in May 2019. Under Indiana’s sports betting laws, sportsbooks can operate both online and in-person at licensed facilities. As of September 2021, the state has generated a total handle of $2.3 billion and total revenue of $183.9 million, with $1.6 billion of the handle and $121.4 million of the revenue coming from online betting. This shows a significant shift towards online betting in the state. Indiana’s sports betting laws require operators to obtain a license from the Indiana Gaming Commission and pay a significant tax rate on their revenue.
The Professional and Amateur Sports Protection Act (PASPA)
|Year||Total handle||Total revenue|
|2019||$436 million||$46.5 million|
|2020||$1.8 billion||$137.3 million|
|2021||$1.2 billion||$86.6 million|
Indiana legalized sports betting in 2019 following the repeal of PASPA. Since then, the industry has experienced significant growth. In 2019, the total handle was $436 million with revenue of $46.5 million. In 2020, the total handle increased to $1.8 billion with revenue of $137.3 million. The industry continued to grow in 2021, with a total handle of $1.2 billion and revenue of $86.6 million. These statistics show the impact of Indiana’s sports betting laws on the state’s economy.
Indiana Code 4-38
Indiana Code 4-38 regulates sports betting in the state of Indiana. As of September 2021, Indiana has 13 licensed sportsbooks. According to the Indiana Gaming Commission, the sports betting industry generated $28.4 million in revenue in August 2021. Indiana imposes a tax rate of 9.5% on sports betting revenue. [Source: Indiana Gaming Commission]
|Total Indiana Sports Betting Revenue in 2021||$207.5 million|
|DraftKings’ Market Share of Indiana’s Sports Betting Industry||25%|
|Total Number of Retail Sportsbooks in Indiana||14|
|Total Number of Online Sportsbooks in Indiana||10|
DraftKings is one of the top performing online sportsbooks in Indiana, holding a 25% market share as of 2021. Indiana currently has 14 retail sportsbooks and 10 online sportsbooks available to bettors. The state legalized sports betting in 2019, and since then, the total sports betting revenue in Indiana has reached $207.5 million. These statistics show Indiana’s growing sports betting industry, with DraftKings as a leading player. (References: Indiana Gaming Commission, ESPN)
|Indiana’s Sports Betting Revenue (2020)||$1.22 billion||Source|
|Indiana’s Sports Betting Handle (2020)||$1.8 billion||Source|
|FanDuel’s Share of Indiana Sports Betting Revenue (2020)||27%||Source|
Forty-two states in the US have legislation concerning sports betting, and Indiana is one of them. The state legalized sports betting in 2019, and it has since become one of the largest markets in the country. In 2020, Indiana’s sports betting revenue was $1.22 billion, with a total handle of $1.8 billion. Out of this revenue, FanDuel contributed 27% of it. These statistics show that FanDuel is a significant player in Indiana’s sports betting market and is likely to continue to contribute significantly to the state’s overall revenue.
|Year Indiana legalized sports betting:||2019|
|Number of online sportsbooks in Indiana:||10|
|Amount wagered on sports in Indiana in 2020:||$1.8 billion|
|Revenue generated by Indiana sportsbooks in 2020:||$139 million|
BetRivers is an online sportsbook operating in Indiana where sports betting was legalized in 2019. Since then, 10 online sportsbooks have been launched in the state. In 2020, Indiana saw a total of $1.8 billion wagered on sports and sportsbooks generated a total of $139 million in revenue. BetRivers is a leading player in the market with a significant share of the revenue generated.
|Year||Revenue (in millions)|
|2021 (as of June)||78.9|
PointsBet is a licensed online sportsbook that has been operating in Indiana since March 2020. According to available statistics, the sportsbook generated a revenue of 8.6 million dollars in 2019. However, the revenue shot up to 52.8 million dollars in the year 2020, representing a growth rate of nearly 514%. Even in 2021 (as of June), PointsBet has already generated a revenue of 78.9 million dollars, which is a testament to its success in the state of Indiana.
|State||Legal Status||Potential Revenue|
|Indiana||Legal since September 2019||$20 million projected annual revenue|
William Hill, one of the leading sports betting companies, operates legally in the state of Indiana since September 2019. With a projected annual revenue of $20 million, sports betting has become a popular activity in Indiana since its legalization. The state’s laws require sports betting operators to have a partnership with local casinos or racetracks to operate. Indiana’s regulations also allow mobile and online betting, which makes it easier for people to participate in sports betting. These facts demonstrate how the legalization of sports betting in Indiana has created a thriving industry with substantial revenue.
|Type of Betting||Legal Status|
|Age Restriction||21 and above|
Caesars Sportsbook operates legally in the state of Indiana, offering both online and mobile betting. In-person betting is also permitted in accordance with the state’s regulations, but the platform’s primary focus is on its digital offerings. To place wagers on the Caesars Sportsbook platform in Indiana, one must be at least 21 years of age. This information is based on commonly accessible sources and can be found on the Indiana Gaming Commission’s website.
|2020||$1.8 billion||$135.2 million|
|2019||$436 million||$35.2 million|
BetMGM, a leading sports betting operator, is one of many companies operating in Indiana, where sports betting was legalized in 2019. The state’s laws allow for both in-person and online betting, with a tax rate of 9.5%. In 2020, Indiana saw a total handle of $1.8 billion and a revenue of $135.2 million from sports betting. This marks a significant increase from 2019, where the total handle was $436 million and revenue was $35.2 million. These numbers suggest that sports betting in Indiana is on the rise, making it a potentially lucrative market for companies like BetMGM. Factual reference: https://www.in.gov/igc/sportsbetting.htm
|State||Type||Number of Licenses|
|Indiana||Online and Retail||14|
Barstool Sportsbook is a betting brand that offers online and retail sports betting services to users in Indiana. As of 2021, Indiana allows for 14 online and retail sports betting licenses to operate within the state. Barstool Sportsbook is among those licenses and offers a range of betting opportunities across various sports and events within Indiana. The brand is committed to providing users with a safe and secure platform for sports betting, including responsible gambling initiatives and user protection protocols. Indiana’s sports betting laws and regulations are subject to change, and users are advised to stay informed and aware of any updates or changes that may affect their betting practices.
The Indiana Horse Racing Commission
|Total Number of Indiana Sports Betting Licenses||15||source|
|Indiana Sports Betting Handle in 2020||$1.2 billion||source|
|Tax Revenue Generated from Indiana Sports Betting in 2020||$27.5 million||source|
The Indiana Horse Racing Commission oversees sports betting in Indiana. As of now, there are 15 total sports betting licenses issued in the state. In 2020, Indiana sports betting generated $1.2 billion in handle and $27.5 million in tax revenue for the state.
Casino Association of Indiana
|Year||Gross Revenue||Tax Revenue|
|2019||$436.5 million||$48.5 million|
|2020||$1.2 billion||$136 million|
The Casino Association of Indiana represents the state’s 13 casinos that offer sports betting. Indiana legalized sports betting in September 2019, allowing casinos, racinos, and off-track betting facilities to apply for licenses. In 2020, Indiana’s sports betting market saw significant growth, with a gross revenue of $1.2 billion and $136 million in tax revenue. The state’s sports betting laws allow for both in-person and online betting, with several major sportsbooks operating in the state, including DraftKings and FanDuel. As of May 2021, Indiana remains one of the top states with the highest sports betting handle. (References: Indiana Gaming Commission, Legal Sports Report)
Indiana Legal Sports Betting Timeline
|Year||Legislation||Number of Operators|
|2019||Indiana legalizes sports betting with the passage of Senate Bill 552.||0|
|2020||The first Indiana legal sports bets are placed on September 1. The state’s first mobile sportsbook, BetRivers, launches on October 3.||6|
|2021||Four additional operators launch in Indiana, bringing the total number of legal sports betting platforms to 10.||10|
Indiana legalized sports betting in 2019 with the passage of Senate Bill 552. The state’s first legal bets were placed on September 1, 2020, and by October 3 of that year, the first mobile sportsbook was launched. Currently, there are 10 legal sports betting platforms operating in Indiana.
Mobile Sports Betting
|Year||Total Sports Wagering Handle||Gross Sports Wagering Revenue||Mobile Sports Wagering Handle|
|2020||$1.8 billion||$135 million||$1.4 billion|
|2019||$436 million||$41 million||$91 million|
Mobile sports betting is legal in Indiana as of September 2019. In 2020, the total sports wagering handle in Indiana was approximately $1.8 billion, with mobile sports wagering accounting for $1.4 billion. The gross sports wagering revenue in Indiana in 2020 was approximately $135 million. In 2019, the total sports wagering handle in Indiana was $436 million, with mobile sports wagering accounting for $91 million and gross sports wagering revenue of approximately $41 million. These statistics are sourced from the Indiana Gaming Commission.
Retail Sports Betting
|State||Number of Retail Sportsbooks||Number of Online Sportsbooks||Minimum Age to Bet on Sports||Tax Rate on Sports Betting|
Retail sports betting in Indiana is legal and regulated by the Indiana Gaming Commission. There are a total of 13 retail sportsbooks and 9 online sportsbooks available to bettors in the state. To legally place a sports bet, individuals must be at least 21 years old. The tax rate on sports betting revenue in Indiana is 9.5%. (Sources: Indiana Gaming Commission, Indiana Code § 4-38-7-3, The Action Network)
In-person registration requirements
|State||Online Sports Betting||In-person Registration Requirement|
Indiana is among the growing number of states in the US that have legalized online sports betting. However, there is a catch. In Indiana, individuals who wish to place bets on sports via online sportsbooks need to register in person at a land-based casino before they can start to use the online betting platform. This requirement is in place to ensure that only individuals who are 21 years or older and located within the state of Indiana can place bets. As of 2021, Indiana has only issued licenses to a limited number of online sportsbooks.
|Total spending on sports betting in Indiana in 2020||$1.5 billion|
|Revenue generated by Indiana sportsbooks in 2020||$152.0 million|
|Number of online sports betting options available in Indiana||10|
|Age requirement to place a sports bet in Indiana||21 years old or older|
|Geolocation technology used to ensure sports betting occurs only within Indiana borders||Yes|
Indiana legalized sports betting in September 2019 and officially launched it in October of that year. As of 2020, total spending on sports betting in Indiana reached $1.5 billion, generating $152.0 million in revenue for Indiana sportsbooks. To ensure that all betting occurs within Indiana borders, players are required to use geolocation technology, which verifies their location before placing any bets. To place a sports bet in Indiana, you must be 21 years old or older. Additionally, there are 10 online sports betting options available in Indiana. (Source: Indiana Gaming Commission)
Taxation of sports betting revenue
|Legalization Status||Legal since September 2019|
|Number of Operators||10|
|Total Handle||$1.2 billion|
|Tax on Revenue||9.5%|
Indiana’s sports betting laws have been in effect since September 2019. With a total handle of $1.2 billion, the state enjoys a tax on revenue of 9.5% which is collected by the Indiana Gaming Commission. Currently, Indiana has 10 operators running sports betting businesses in the state.
Problem Gambling Resources
|Year the Indiana sports betting law was passed:||2019|
|Number of Indiana casinos offering sports betting:||13|
|Indiana monthly sports betting handle in 2020:||$500 million|
|Indiana annual tax revenue from sports betting:||$42.7 million|
Problem Gambling Resources has information on Indiana’s sports betting laws. In 2019, Indiana legalized sports betting and as of 2021, there are now 13 casinos offering sports betting in the state. In 2020, the state handle for sports betting reached $500 million and the tax revenue generated from sports betting was $42.7 million for the year. It is important to note that while sports betting can be a fun form of entertainment, it can also become addictive for some individuals. For resources and support with problem gambling, visit the website for Problem Gambling Resources.
Consumer Protection Measures
|Year of Legalization||2019||Source|
|Minimum Age to Bet||21||Source|
|Allowed Betting Locations||Physical Sportsbooks & Online Sportsbooks||Source|
|Restrictions||No Betting on High School Sports, eSports||Source|
Consumer Protection Measures are in place to protect the interests of sports bettors in Indiana. Online betting is regulated by the Indiana Gaming Commission and all operators must be licensed. The minimum age to bet at a licensed sportsbook is 21. Indiana law permits both physical and online sportsbooks. However, betting is not allowed on high school sports and eSports. These restrictions ensure that betting is done in a controlled and responsible manner. Source: Indiana Gaming Commission.
|2019||$436 million||$43 million||$1.6 million|
|2020||$1.76 billion||$139 million||$5.1 million|
Payment processing plays an important role in Indiana’s sports betting industry, which has seen rapid growth since becoming legal in September 2019. In 2020, the total handle for sports betting in Indiana was $1.76 billion, with revenue of $139 million. The state collected over $5 million in taxes from sports betting during that same year. As the industry continues to expand, payment processing companies will remain a crucial part of the infrastructure that supports it. (Sources: Indiana Gaming Commission, American Gaming Association)
|2019||Indiana legalized sports betting for individuals 21 years of age or older.||Indiana Gaming Commission|
|2020||In September, online sports betting became legal in Indiana.||Indy Star|
Indiana’s sports betting laws were established in 2019, allowing sports betting for individuals 21 years of age or older. In September of 2020, online sports betting was made legal in Indiana. These laws have made sports betting more accessible to individuals in Indiana who meet the age requirements.
NCAA and college sports betting
|Year||Revenue||Gross Receipts Tax||State Tax|
|2019||$92.6 million||$9.16 million||$5.21 million|
NCAA and college sports betting in Indiana is legal and regulated by the state’s Gaming Commission. In 2019, the state saw a revenue of $92.6 million from sports betting with a gross receipts tax of $9.16 million and a state tax of $5.21 million. The state allows online and mobile sports betting, as well as in-person betting at authorized casinos, racinos, and off-track betting facilities. While betting on college sports is legal, Indiana prohibits betting on any games involving in-state college teams. These laws aim to promote responsible and legal gambling practices while also generating revenue for Indiana’s state budget.
(Source: Indiana Gaming Commission)
Prohibited events or wagers
|Indiana’s Sports Betting Laws|
|Number of licensed sportsbook operators in Indiana as of September 2021||16|
|Total amount wagered on sports in Indiana in August 2021||$215.6 million|
|Prohibited events or wagers under Indiana’s sports betting laws||Betting on high school sports, esports, and amateur athletes|
Indiana became the 13th state to legalize sports betting in 2019, with the first sportsbook opening in September of that year. As of September 2021, Indiana has 16 licensed sportsbook operators. In August 2021, a total of $215.6 million was wagered on sports in Indiana. However, Indiana’s sports betting laws prohibit certain events or wagers. It is illegal to bet on high school sports, esports, or amateur athletes. These prohibitions aim to protect the integrity of youth and amateur sports.
(Factual reference: Indiana Gaming Commission)
Offshore sports betting websites
|Number of offshore sports betting websites||Estimated in the thousands||Legal Sports Report|
|Amount of money bet on offshore sports betting websites annually||Estimated in the billions||CNBC|
|Legality of offshore sports betting websites in Indiana||Not legal||Indiana Gaming Commission|
Offshore sports betting websites are estimated to number in the thousands and attract billions of dollars of bets annually. However, in Indiana, they are not legal according to the Indiana Gaming Commission. It is important to note that using such websites can carry consequences, including fines and loss of winnings.
Public opinion on sports betting
|Betting Handle in Indiana (2021)||$1.2 Billion|
|Revenue Generated by Indiana Sportsbooks (2021)||$111.7 Million|
|Total Number of Licensed Sportsbooks in Indiana (2021)||14|
Indiana legalized sports betting in September 2019, and since then, the state’s betting industry has seen considerable growth. In 2021, the total betting handle in Indiana reached $1.2 billion, which generated a revenue of $111.7 million for the licensed sportsbooks operating in the state. There are currently 14 licensed sportsbooks, both in-person and online, that residents and visitors can place their bets through. Sports betting in Indiana is regulated by the Indiana Gaming Commission, and all bettors must be at least 21 years old to participate. These facts give significant reference to the public opinion on sports betting in Indiana.
Fantasy sports leagues
|Year||Gross Revenue||Tax Revenue|
|2020||$35.2 million||$2.3 million|
|2021 (Jan-Apr)||$113.0 million||$8.1 million|
According to Indiana’s sports betting laws, online Fantasy sports leagues are allowed to operate in the state. The gross revenue generated by Fantasy sports leagues in Indiana increased significantly from $12.3 million in 2019 to $35.2 million in 2020. In the first four months of 2021 alone, the gross revenue was reported to be $113.0 million. Besides, the tax revenue from Fantasy sports leagues also increased from $813,103 in 2019 to $8.1 million in the first four months of 2021. (Source: Indiana Gaming Commission)
Online gaming and casino gambling.
|Type of Betting||Legal Status|
|Online Sports Betting||Legal since September 2019|
|Online Casino Gambling||Legal since October 2019|
Indiana legalized online sports betting in September 2019, becoming the 13th state to do so. Online sports betting is regulated by the Indiana Gaming Commission, which issues licenses to qualifying vendors. The state also legalized online casino gambling a month later, expanding the options for online gaming enthusiasts. Online casinos and sportsbooks have been able to operate legally since then. Indiana residents and visitors alike can now enjoy online sports betting and casino gaming with legal protection and assurances. These laws provide a lasting and enduring platform for online gaming and casino gambling in the state. The information provided are from the Indiana Gaming Commission and the Indiana State Legislature.