Will Indiana Bet on Sports Gambling?

Posted: Updated:
Grow says Americans are illegally wagering billions of dollars per year on sports. Grow says Americans are illegally wagering billions of dollars per year on sports.
INDIANAPOLIS -

An associate professor of business law and ethics says Indiana is one of about 20 states that has considered some kind of sports gambling measure, meaning it could revisit the idea after Monday's Supreme Court ruling lifting a federal ban on the practice. Nathaniel Grow with Indiana University's Kelley School of Business in Indianapolis says he believes the state would want to at least consider going after a piece of the billions of dollars that are bet illegally on sports in the United States each year. State Representative Alan Morrison (R-42) authored a proposal to legalize sports gambling during this year's regular legislative session, but the bill did not advance.

The 7-2 decision rules the Professional and Amateur Sports Protection Act unconstitutional, clearing the way for states to make their own decisions on legalizing sports gambling. Federal and state governments could consider their own regulations. Grow says New Jersey already has regulation proposals in place, allowing residents to begin sports gambling within a matter of weeks. For others, he says, the process could take months or years.

Indiana Attorney General Curtis Hill praised the high court's decision. In a statement, he called the case an example of states coming together "to defend their rightful prerogatives against the intrusive meddling of Congress." Indiana lawmakers could assign the issue to a summer study committee.

The ruling covers professional and amateur sports betting. The NCAA, which is based in Indianapolis, issued a statement saying, while it continues to review the decision, "we will adjust sports wagering and championship policies to align with the direction from the court."

Grow says sports gambling could be a big moneymaker for states willing to try it.
  • Perspectives

    • #MeToo, Bullying And What We All Can Do Now

      Indeed, it is an interesting time with so much continuing to come out in Hollywood, the media, other industries, and even our state government related to the sexual harassment of women - women who have remained silent for years. Like those women, I too have been harassed in various ways over the course of my career, even in recent years - and yes, even in top leadership roles. The headline about my departure or the email citing that I was moving on never fully told the real story.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • U.S. Steel 'Renaissance' Spurs $750M Gary Works Investment

      Pittsburgh-based U.S. Steel Corp. (NYSE: X) has announced a $750 million investment in its Gary Works operations. The company says the funds are part of a $2 billion asset revitalization effort that will take place over the next five years. Last year, U.S. Steel detailed plans that involved pumping $35 million into Gary Works, which followed the $23 million first phase of its Hot Strip Mill Restoration Plan. The latest investment, the Indiana Economic Development Corp. says...

    • Fort Wayne Radio Icon Butcher Passes Away

      A fixture in the Fort Wayne radio scene has passed away. Charly Butcher spent more than 30 years in Fort Wayne radio with a successful morning show on WMEE-FM and, most recently, as host of "Fort Wayne's Morning News" on WOWO radio. Butcher was 61. Butcher was part of WMEE's popular "Those Two Guys In The Morning" show with Tony Richards in the 1980s. He joined WOWO in the mid-2000s as host of "Fort Wayne's Morning News With Charly Butcher."

    • Salesforce Begins Pathfinder, Reorganization Efforts

      Salesforce.com Inc. (NYSE: CRM) is underway with the first cohort of its Pathfinder Training Program that is part of the tech giant's ongoing Indianapolis growth. The company is partnering with Deloitte to provide business and technical training to Ivy Tech Community College students and Hoosier veterans looking to become Salesforce administrators and developers. The program comes as the company realigns its Marketing Cloud organization. In a statement, Salesforce says it...

    • The two-day event took place in downtown Indianapolis.

      Inaugural Summit Highlights 'Value of Water'

      Organizers of the inaugural Indiana Water Summit say acting like "the grownups in the room" will allow Indiana to create a sustainable water plan to deal with increasing personal and industry demand. White River Alliance Executive Director Jill Hoffman says, as a manufacturing- and agriculture-heavy state, Indiana is among the nation's leaders when it comes to depending on water for economic growth. Monday's summit in Indianapolis covered topics ranging from...

    • (Rendering of phase two of the Riverfront Fort Wayne project provided by the city of Fort Wayne.)

      Fort Wayne Riverfront Contract Pulled

      A proposed $2.5 million contract for the design work for the next two phases of the Riverfront Fort Wayne project has been pulled. Our partners at WPTA-TV report the Fort Wayne City Council withdrew the contract, which was set to go to Philadelphia-based DAVID RUBIN Land Collective.