Indiana lawmakers will be allowing sports betting within the state and they are planning the to legalize sports betting. The proposal cleared a state Senate committee last week and this is being seen as a move to keep up the pace with the ever-increasing demands of the industry. Indiana's 13 casinos have witnessed a plunge in revenues and an increase in competition from tribal casinos and surrounding states.
The plan centers on moving Gary's two riverboat casinos off Lake Michigan with one going to an on-land site elsewhere in Gary and speculations suggest that the other one is being moved to Terre Haute. Now other casinos are worrying if these moves would hurt their business and also the plans are expected to face some questions among legislators regarding it. There are some of the possible bumps which are wrapped up in the bill. Senate Public Policy Committee Chairman Ron Alting of Lafayette has called this move the biggest since the Legislature voted in 1993 for allowing riverboat casinos on Lake Michigan and the Ohio River. Each casino company and their host cities are looking at the way these laws might impact the bottom lines. Further this proposal would also allow state's casinos to take sports betting in person or online starting in 2020 once it gets approved from Indiana Gaming Commission. Sports betting could be made on collegiate or professional sports but it will exclude high school and youth games from its parlance. Moreover the proposal sets the age limit to be 21 years. This step has come after US Supreme Court ruled last year which gave the states a liberty to choose what they wanted to do.