Legal Online Sports Betting in Indiana Proposed

Published Friday, January 09, 2015 - Online-Casinos.com
Legal Online Sports Betting in Indiana Proposed

The facts are obvious that an enormous amount of money is wagered on sports in the USA. A lot of that betting goes on without anyone paying attention to the Federal laws that prohibit gambling online or otherwise except in a few states. The safety factor seems to be the biggest reason behind efforts by various factions that would like to see online sports betting made legal in America. Sports betting in fantasy sports leagues is viewed as alright and within the Federal guidelines which many pro sports gambling individuals think is reason enough to make betting on all sports legal.

New Jersey has been adamant for years in its resolve to make sports betting legal in that state. But even with that effort has stalled in the courts, with the issue being a legal battle of epic proportions costing the state money with no positive results.

Now Indiana’s State Representative Alan Morrison is seeing the possibilities of gaining revenue from the online sports betting activity. Morrison introduced two sports-related gaming bills recently House Bill 1073 that would allow sports betting at the state's casinos, and off-track betting locations if the Indiana Gaming Commission thinks the endeavour is permissible under the current federal law.

The other, House Bill 1074, would permit the race track casinos such as Hoosier Park Racing & Casino and Indiana Grand Racing and Casino to offer fantasy sports games. Mr. Morrison commented on his proposal, "Gaming is something that this state has become extremely reliant upon, that revenue," Morrison continued to add, "As it's been trending down, it's incumbent upon us to figure out how to fix it or to improve on what we have."

The Indiana economy would benefit from the revenue with the possibility of $12 million to $70 million of tax money being gained annually from sports betting.

 

 

 

 

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