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There will soon be new rules governing sports betting in Indiana. Restrictions on the kinds of events that can be wagered on are among the modifications proposed by House Bill 1532, which was recently submitted to the state’s House of Representatives. The law specifically aims to make it illegal to wager on high school and other amateur sports unless the state has given its formal approval. It would also outlaw election wagering.
Currently, Indiana law allows sportsbooks to accept wagers on professional and collegiate sports events approved by the Indiana Gaming Commission. However, House Bill 1532 aims to clarify these boundaries. “A certificate holder or vendor may not accept wagers on e-sports, high school, and other amateur youth sporting events, or any sporting event that has not been approved for sports wagering by the (Indiana Gaming Commission),” a fiscal note attached to the bill explains.
Beyond event restrictions, the bill would also impose limitations on sports betting advertising. As sportsbooks continue to saturate the airwaves with promotions, especially through partnerships with sports teams and leagues, this bill would place restrictions on such advertising. Penalties for violations are steep. The bill stipulates a fine of $1,000 for the first offense, $2,500 for a second offense, and $5,000 for a third offense, with the possibility of license revocation.
Indiana’s sports betting market has flourished since its legalization in 2019. In 2024, the state saw a massive $5.2 billion in wagers, with over $2 billion placed during the football season. While these regulations seek to curb the expansion of certain betting markets, they will not impact advertising contracts that were entered before July 1, 2025.
Representative Ethan Manning (R) has sponsored House Bill 1432, which would legalize online gaming in Indiana, in addition to these regulatory improvements. This law would allow riverboats, racinos, and commercial casinos to get licenses to play Internet games if it passes. A $500,000 one-time licensing charge and a $250,000 yearly cost for responsible gaming practices would be paid by operators.
By allowing Indiana to sign multi-state agreements for shared liquidity, this law would also introduce poker into the discussion. This would greatly increase the number of players in places like Pennsylvania and Mississippi. Indiana’s commercial casinos supported around 42,000 employment in 2023 with $2.48 billion in revenue. By utilizing online gaming capabilities, the new bill has the potential to significantly support this business.