Study: Indiana well-positioned to legalize iGaming
Indiana legalized online sports betting three years ago. The state earned $700 million in taxes off its 12 casinos in the most recent fiscal year. The study says Indiana stands to earn between $341 million and $943 million off iGaming over three year period. There is some concern that authorizing i gaming could negatively impact revenues at existing casinos.
Report considers three iGaming models: hybrid, live-dealer and digital. In New Jersey, some early iGambling advertisements emphasized the convenience of digital gaming from home. In live dealer gaming, the studios have to be located in the state. iGamers wagering more than $4 billion in sports contests in 3 years and a month in Indiana. Report: Lower tax rates on digital games could encourage operators to focus on i gaming at the expense of retail casinos.
Study: Indiana well-positioned to legalize iGaming. iGambling could greatly increase the number of people who need help for gambling problems. The report explores additional regulatory details, like operator licensing fees, occupational licensing, new game certification, anti-money laundering measures and customer identity verification.
