USA.- March 25, 2024 www.zonadeazar.com [1] Indiana, the heart of the Midwest and home to the capital city, Indianapolis, has a rich history since joining the union in 1816.
Beyond its historical significance, Indiana has made a name for itself in sports betting.
So, let’s see what this state has to offer!
Legal Sports Betting in Indiana
Both online and in-person sports betting are legal in Indiana.
Since September 2019, Hoosiers and the state’s visitors have enjoyed the excitement of placing bets, thanks to legislation approved earlier that May.
With mobile sportsbook apps, you can place bets from anywhere within the state, adding a layer of convenience and excitement to your sports betting experience.
- Gambling Taxes Indiana
- In Indiana, sports betting revenue is taxed at 9.5%, contributing to state parks, education, healthcare, and more.
- It’s not just about the excitement, as your bets help fund important state projects.
Currently, sports betting in Indiana presents a blend of legislative progress and cultural enthusiasm.
Since its legalization in 2019, under the governance of Eric Holcomb, sports betting has flourished under the oversight of the Indiana Gaming Commission, accommodating both brick-and-mortar and online platforms.
Also, the state is known for its rich basketball heritage, producing a significant number of professional players per capita and ranking fifth nationwide.
Financially, sports betting generates around $12-20 million annually for the state, benefiting from a 9.5% tax on casino sports betting revenue.
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