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Exciting Times Ahead for Indiana Online Gambling Industry

04 Sep 2020

Exciting Times Ahead for Indiana Online Gambling Industry

The decision of the Supreme Court in 2018 to allow states to legalize sports betting triggered a huge boom in the US gambling industry.

Since Indiana’s first mobile sports betting products in Indiana and Iowa.

Both companies have successfully launched the same service in Pennsylvania and are eager to expand their business.

Keith Smith, President and CEO of Boyd Gaming, said: "Boyd Gaming and FanDuel Group together continue to successfully capitalize on the historic opportunities provided by the legalization and expansion of sports betting across NSW.

"We are confident that our FanDuel partners will also achieve outstanding results in Iowa and Indiana, further expanding Boyd Gaming's customer base and enhancing our long-term competitive appeal."

Politicians Call for End to Unnecessary Taxes

Indiana legislators will remain vigilant against Pennsylvania in the coming months, and some politicians have called for an end to "unnecessary" taxes on legal sports betting operators.

Officials introduced a bill that would abolish federal consumption tax and annual employee tax, which are seen as hindering industry development.

They believe that when the sports betting industry is still in its infancy, the state is wrong to punish employers for creating jobs.

Many legal sports betting has extremely low profits, and tax removal will help them attract punters away from the black market.