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Indiana Governor Eric Holcomb signed on the last day possible HB 1015 which legalized sports gambling in person and mobile betting in the state of Indiana. The Indiana Legislature approved the bill April 25 and today was Holcomb’s last chance to sign it. Had he passed, it would have become law without his signature.
Governor Holcomb commented after signing the bill today saying,
“Gaming is a highly regulated industry that once had little competition, but now does from surrounding states and new technology. By modernizing our laws, this legislation will spur positive economic growth for our state and for an industry that employs over 11,000 Hoosiers.
“Additionally, it will bring in new revenue and create hundreds of new jobs – both permanent and in construction. I will direct the Indiana Gaming Commission to monitor for potential effects of this bill so that we can make necessary changes in future legislative sessions.”
The state will have both online sports betting and retail sportsbooks as part of the new law. Mobile sports betting could go into effect on July 1st with new laws or in September. It is still early to know which date the Hoosier state will be legalized. Also starting January 1st, 2020 live dealers will be at the tables instead of electronic dealers. Games like poker, blackjack, craps, roulette will all have live dealers!
I am for one VERY happy to finally have the bill pass and get sports betting legalized. I have announced myself a degenerate gambler and there is nothing better than the thrill of the sports bet over the course of a game or match. March Madness bets come down to the wire whether it be the spread or an over/under. I am excited to see if Indiana Grand or Hoosier Park each build a sportsbook in their building which would bring sooo many people into the venue to watch games live, eat, drink and gamble!
HERE WE GO!
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