Indiana wants to legalize Sports Betting and Daily Fantasy Sports

posted in news

Indiana State Rep. Alan Morrison is looking to expand gaming in the Hoosier State after introducing two new bills that center on sports betting. The first piece of legislation, House Bill 1073, seeks to legalize sports betting in the state’s casinos, racinos and off-track betting locations. House Bill 1074 will allow Hoosier Park Racing & Casino in Anderson and Indiana Grand Racing and Casino in Shelbyville to offer daily fantasy sports.

Morrison’s primary motivation is that he sees a major opportunity in offering daily fantasy sports now while the chance is there. The popularity of daily fantasy sports have exploded in North America, where sites like FanDuel and DraftKings commonly offer multi-million dollar tournaments. Morrison, who holds a master’s degree in sports management, is very familiar with this and wants his state to capitalize on the phenomenon. As he told the Indianapolis Star, this trend combined with a decline in casino gaming popularity has driven him to offer the two bills:

“Gaming is something that this state has become extremely reliant upon, that revenue. 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. If it were to (become legal) in July, let’s say, that would back us up another year before we could start the process. So if we have it on the books, where it’s up to our Gaming Commission, then we’d be ahead of the game on that.”

Morrison adds that he wants Indiana to be the “first to the table” in pursuing sports betting and daily fantasy sports. Currently, the Professional and Amateurs Sports Protection Act (PASPA) of 1992 makes sports betting illegal in all but four US states. New Jersey tried to become the fifth state into the sports betting pool, however, a powerful coalition led by the MLB, NBA, NCAA, NHL and NFL sued New Jersey to stop them.

NBA Commissioner Adam Silver has since came out in support of sports wagering, but that still leaves four other powerful sports organizations standing in the way of interested states. So Indiana will have a battle on their hands when it comes to legalizing sports betting.

Comments are closed.