Indiana Online Casino: State Takes Step Towards iGaming Market Launch

Indiana Online Casino: State Takes Step Towards iGaming Market Launch

Indiana casino

Indiana lawmakers continue to advocate for the legalization of online casino games. 

Many individuals believe that Indiana is one of the states most likely to experience an expansion of its iGaming market in 2023. 

Legislators have drafted an early version of the state’s new online gambling bill.

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Indiana Legislators Have Drafted a Bill Regarding Online Casinos

Indiana legislators have provided a sneak peek of what online gambling in the state may look like. Essentially, if all goes as planned, Indiana would legalize online casinos and racinos. In addition, Indiana residents could now play poker online. Finally, the Hoosier Lottery would be permitted to offer online versions of its current games.

Permitted to Partnership on Three Distinct Brands 

Specifically, each casino partner would be permitted to partner with three distinct brands. Casinos would be required to pay a license fee of $500,000 plus an additional $50,000 for each additional year of operation. 

Indiana plans to impose an 18% tax on online casino revenue. In conclusion, lawmakers stated that 3.33 percent of tax revenue would be allocated to Addiction Services. Keep in mind that the aforementioned information is subject to change, and the final bill may differ slightly.

Possible Online Casino Launch in September 2023

The expansion of Indiana’s online gaming market would result from the legalization of online casino games. Since September 2019, the state has permitted sports wagering online, making it one of the first to do so.

Therefore, Hoosier gamblers are already familiar with the process and would likely welcome online casino games. Despite the fact that previous attempts to legalize online casinos failed for a variety of reasons, experts are optimistic that Indiana’s online casino could become a reality in 2023.

Indiana Wagered Over $10 Billion on Sports Betting in 2022

The current bill will begin its legislative journey in January 2023, when the next legislative session begins. Analysts anticipate that it will be one of the session’s primary topics, which is why people are more inclined to believe that it will pass.

If the bill is passed, online casino gambling could go live in Indiana as early as September 1, less than a year from now. This date should be taken with a grain of salt, however, as there are still many variables that can change. In the meantime, the Indiana Gambling Commission has just released information regarding the performance of its sports betting vertical. The commission was pleased to report that Indiana residents have wagered over $10 billion on sports.

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About Lou De Aguila

Lou Aguila is a news and feature writer for Golden Casino News. For over a decade, Lou has published news and featured articles for some of the most reputable sports betting and online casino sites in the world, including BetNow.UK, VegasOdds, and BWin. Apart from being a hardcore live casino punter, he also covers sports stories in North American leagues from time to time.