‘Tremendous Excitement’ Around Indiana Sports Wagering Launch

Posted: Updated:
INDIANAPOLIS -

The chief executive officer of the Casino Association of Indiana says pent up demand has helped generate “tremendous excitement” and big crowds at new sports books throughout the state. Sports betting became legal in Indiana September 1 and Matt Bell says the initial reaction from Hoosiers confirms his belief that the economic impact will be substantial. "I think you’ll see additional revenue of more than $50 million annually once sports wagering is fully implemented, which will include mobile wagering offerings in Indiana that are coming sooner rather than later," said Bell. 

Bell talked about the future of sports wagering in Indiana on this weekend’s edition of Inside INdiana Business with Gerry Dick.

There are more than a dozen casinos and racinos in Indiana and all are ultimately expected to offer sports wagering. Betting is also available at off track betting parlors in the state.

Bell says many of those properties are investing heavily to create a unique sports book experience for consumers. "Our properties are working aggressively to make investments that generate world class facilities on par with things you would find in Las Vegas or anywhere in the world."

Indiana is the 12th state in the nation to offering sports wagering.

  • Perspectives

    • Want to Lower Your Medicare Premiums?

      If you’re nearing retirement age, health insurance and Medicare are probably on your mind as well. Do you understand how Medicare works and how the monthly premium is determined? You need to be in the know to avoid making costly mistakes. Here are some tips for potentially lowering your Medicare premiums.

    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

    • Photo courtesy of Key Detail

      Internationally-Known Artists to Paint Greencastle Mural

      Key Detail, an internationally known mural artist, has been selected to create one of Indiana’s largest murals on four large grain silos at the corner of Veterans Memorial Highway and U.S. 231 in Greencastle. The Putnam County Mural Project received more than 70 applications from muralists worldwide for the project, which is a canvas of up to 8,000-square-feet and a primary gateway for Greencastle.  

    • Money magazine judges Fishers as 3rd best place to live in the U.S.

      Fishers Makes Top 10 List of 'Best Places to Live'

      Three communities in Indiana made the top 100 list of best places to live in the country, but only one made the top 10. Fishers was judged by Money magazine as the third best place to live in the United States, behind Clarksville, Tennessee and Round Rock, Texas.

    • (image courtesy of BHI Senior Living)

      Officials to Break Ground on Senior Community

      An Indianapolis-based developer of senior living communities is breaking ground Wednesday on a $20 million expansion project of its Hoosier Village. BHI Senior Living executives, along with Zionsville city leaders, will toss a ceremonial shovel of dirt on the addition of the existing 300-acre campus.

    • The Honda Greensburg plant opened in 2008.

      Honda to Invest $4M, Add Jobs at Greensburg Plant

      The American Honda Motor Co. continues to invest in its Greensburg, Indiana plant as it has announced the factory will be producing the company’s first electrified sport utility vehicle in the U.S. The company says it will invest more than $4 million and add 34 new jobs in the plant to support production of the CR-V Hybrid.  

    • (photo courtesy of The Times of Northwest Indiana)

      Historic Hospital to be Torn Down in Gary

      A building that once represented the racial divide in the city of Gary, but long provided health care to the African American community, will soon fall to a wrecking ball. The city says it intends to raze the long-abandoned St. John’s Hospital.