Governor bets on favorite teams
Indiana Governor Eric Holcomb recently placed the first sports wagers since sports betting became legal in the state. The bets were made at the Indiana Grand Casino in Shelbyville on September 1, the first official day that sportsbooks could open for business.
the governor will donate the winnings to the Indiana Canine Assistant Network
Holcomb placed a number of different bets on some of his favorite teams. These included a $10 wager on the Indianapolis Colts to be crowned Super Bowl champions and a $10 bet on the Indiana Pacers to win the NBA Championship. He also bet $10 on the Indiana Fever to win their game on Sunday night, which they lost.
If any bets are successful, the governor will donate the winnings to the Indiana Canine Assistant Network, a non-profit group which provides service dogs to people with disabilities.
With the addition of a designated sports betting lounge, the Indiana Grand Casino is now the second-biggest Caesars Entertainment property in the world, preceded only by the iconic Caesars Palace in Las Vegas.
legal sports betting is not just a great boost for Shelbyville, but for the state of Indiana as a whole
State Representative Sean Eberhart spoke at the sportsbook’s ribbon-cutting ceremony. He talked about how legal sports betting is not just a great boost for Shelbyville, but for the state of Indiana as a whole.
Eberhart also talked about how Indiana can now compete better with some of its neighboring states when it comes to gambling.
In total, the Indiana Gaming Commission gave the green light for thirteen properties to begin accepting sports bets on Sunday. Ten of these facilities are casinos, with the other three locations being off-track betting parlors.
The three off-track sites are in New Haven, Clarksville, and Indianapolis.
Road to legalization
It was in April 2019 that the House and the Senate in Indiana came to an agreement on a final sports betting bill, which was signed into law by Governor Holcomb in May.
The bill allows for mobile sports betting and implements a fair tax rate of 9.5% on adjusted gross revenues for sportsbooks operating in the state.