INDIANAPOLIS (Inside INdiana Business) — Indiana’s gaming industry hit a new high as it closed out 2020, but it is also beginning 2021 with a new bill to expand the industry in the Hoosier state.
State Senator Jon Ford, a Terre Haute Republican, has introduced legislation that would legalize online casino betting.
Senate Bill 417 would allow Indiana’s 14 casinos and racinos to offer internet casino games and online poker. This includes the planned Rocksino in Terre Haute, Ford’s hometown. The casinos would need to apply for an additional license.
The move comes as the Indiana Gaming Commission releases the results of the December sportsbook. Commission data shows sports betting took in $313 million last month, shattering the previous handle record of $251 million set in November.
“A lot went right this fall for sportsbooks, and it was on full display in December,” said Jessica Welman, analyst for PlayIndiana.com. “The Indianapolis Colts, Notre Dame and Indiana football all continued to attract significant wagering. Then a full month of college basketball, which is more important in Indiana than almost anywhere else, and the start of the NBA season added a year-end boost.”
Wellman says the sports wagering generated $2.3 million in tax revenue for December. For the year, Indiana’s retail and online sportsbooks produced $13.2 million for Indiana.
Since launching in October 2019, Indiana’s sportsbooks have produced $2.2 billion in wagers.
“2020 was a phenomenal year for sports betting in Indiana, which continued to break their own records month over