BetAmerica Gets Approval For Mobile Launch In Indiana on Dec. 30

BetAmerica has received approval from the Indiana Gaming Commission to take sports bets via mobile beginning Dec. 30.
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Just in time for the New Year’s Day bowls, College Football Playoff, and NFL postseason, BetAmerica on Saturday was approved by the Indiana Gaming Commission to begin accepting mobile sports wagers starting Dec. 30.

The mobile launch authorization came via IGC Executive Director Sara Tait.

Owned by Churchill Downs Incorporated, BetAmerica will become the fourth operator to offer mobile sports betting in the Hoosier State, joining Rush Street (BetRivers), FanDuel, and DraftKings. BetAmerica previously opened a 3,000-square-foot retail sportsbook Nov. 11 in Rising Sun Casino along the Indiana-Kentucky border, situated approximately one hour from Cincinnati and less than two hours from both Indianapolis and Louisville.

Handle/revenue figures so far

According to the November figures released by the IGC, Rising Sun had a sports wagering handle of $110,300 with a hold of 18.2%, resulting in tax revenues of $1,907 at the state’s 9.5% tax rate. BetAmerica will be trying to tap into a rapidly active mobile sports betting market in Indiana — Hoosier State bettors placed $96.2 mm of the $147.28 mm sports wagering handle in November via mobile platforms, exceeding the overall October handle of $91.7 mm.

DraftKings was the dominant online force in November, accounting for more than $64 mm of the mobile sports handle, while FanDuel clocked in at over $23.7 mm and BetRivers totaled just under $8.4 mm. In the two months Indiana sportsbooks have offered mobile sports betting, more than $144.2 mm in wagers have been placed.

BetAmerica had a previous soft launch of its online sportsbook in Pennsylvania earlier this month and has been operating online in New Jersey since February in connection with the Golden Nugget in Atlantic City.

 

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