A report projects millions in new tax revenue for Indiana.
(Indianapolis, Ind.) - State lawmakers will consider legalizing sports gambling in Indiana when the 2019 legislative session begins.
And there’s a good indication that lawmakers will make it law.
Earlier this month, the Interim Study Committee on Public Policy voted 9-0 to recommend legislation to allow sports betting. This follows a U.S. Supreme Court ruling in May to disallow a federal wagering ban.
Indiana Gaming Commission executive director Sara Tait and deputy director Jenny Reske made a presentation to the committee. It included information from an Eliers Krejcik Gaming which estimates $256 million in in-person and mobile sports betting within five years. Annual state tax revenue from sports betting taxes and licenses fees could reach about $87 million.
If legislators approve a sports betting bill, Indiana would be following in the footsteps of six other states.
Another $41K Raised at Cruisin' to a Cure for ALS Car Show
Hoosier Hills Credit Union Celebrates Grand Opening By Giving Back to Local Organizations
Lawrenceburg Self Storage Celebrates Grand Opening
GoFundMe Aims to Raise Funds for Aurora Seven-Year-Old with SMA
Dearborn County Issues Burn Ban
Versailles Fire Rescue Enjoys Family Picnic, But Not Before Saving Outbuilding
