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Indiana releases list of approved sports betting events


Indiana has released its list of approved events for sports wagering, with customers permitted to place bets on 19 different sports when the market launches from 1 Sept, 2019.

The major US professional sports leagues, such as the National Football League, Major League Baseball, National Basketball Association, National Hockey League and Major League soccer are all included on the list, alongside nine National Collegiate Athletic Association-organized sports.

Other professional sports, including stock racing series NASCAR, golf, mixed martial arts, boxing and tennis, as well as various sports outside the US, including nine European soccer leagues, are also included.

In addition, customers will be allowed to bet on the outcomes of the NFL, NBA, WNBA, MLB and NHL drafts.

Bets on seasonal awards, such as most valuable player, are also permitted, but only until voting for these events closes.

“It is the policy of the commission that sports wagering may only occur on events and leagues which have integrity policies,” Sara Gonso Tait, executive director of the Indiana Gaming Commission, said in a directive.

Future and in-play wagers and proposition bets will be permitted in the approved sports, with the exception of in-play proposition bets on collegiate sports.

Operators may request approval to accept wagers on other events, but must provide a full description of the event and assurance that the event meets the state’s wager and source of data requirement.

Since Governor Eric Holcomb signed a sports betting bill into law in May this year, the state has been working towards the opening of its legal wagering market, which according to the legislation can only occur on or after 1 September.

Operators will be required to pay a license fee of $100,000, then a 9.5% gross wagering revenue tax.

The state’s sports betting regulations are currently undergoing a public consultation until August 1, with a view to ratifying the controls at a Gaming Commission meeting on 28 August. Twelve land-based casinos have already been awarded temporary sports betting permits ahead of the launch.