The Indiana Gaming Commission has issued temporary licenses to 12 land-based gaming operators to enable them to offer in-person and mobile sports betting to players over the age of 21.
Issuance of the temporary certificates of authority follows the signing of Indiana’s sports betting legislation by Governor Eric Holcomb in early May, with the licensing process launching on July 1st.
The Indiana Gaming Commission issued the certificates Friday to the following operators:
Ameristar Casino East Chicago, LLC - Ameristar East ChicagoBelterra Resort Indiana, LLC - Belterra Casino ResortBlue Chip Casino, LLC - Blue Chip CasinoCaesars Riverboat Casino, LLC - Caesars Southern IndianaBlue Sky Casino, LLC - French Lick ResortIndiana Gaming Company, LLC - Hollywood CasinoHoosier Park, LLC - Harrah’s Hoosier ParkHorseshoe Hammond, LLCCentaur Acquisition, LLC - Indiana GrandCentaur Acquisition, LLC - Winner’s Circle Off Track Betting, ClarksvilleHoosier Park, LLC - Winner’s Circle Pub, Grille and Off Track Betting, IndianapolisHoosier Park, LLC - Winner’s Circle Brew, Pub and Off Track Betting, New Haven
Each of the applicants paid an initial licensing fee of $100,000 and will be subject to a 9.5 per cent tax on adjusted gross receipts from sports betting.
Indiana expects to generate sports wagering fees of $1.6m in fiscal year 2020 alongside sports wagering tax revenue of $8.6m, with the tax revenue predicted to rise to $11.5m by fiscal year 2022.
The state’s proposed sports betting regulations were released for public comment earlier this month, with adoption of the final regulations scheduled for August 28th. The public comment period ends August 1st.