BetMGM and BetIndiana have claimed their stakes in Indiana. On Monday, the Indiana Gaming Commission granted temporary sports vendor licenses to each mobile betting operator.
A sports vendor license authorizes qualified sports betting services and technology providers to partner with local land-based casinos to manage their retail and/or mobile sportsbooks. BetMGM Sportsbook will partner with Belterra Casino Resort while BetIndiana Sportsbook will partner with Majestic Star Casino.
That leaves just one more step before Indiana gets its fifth and sixth mobile sportsbooks. Up next, BetMGM and BetIndiana each need to receive a Mobile Go Live Authorization notice from the Indiana Gaming Commission in order to launch online betting.
Barring any surprises, the Indiana mobile sports betting market will soon consist of six operators:
- BetMGM – launch date to be announced
- BetIndiana – launch date to be announced
- BetRivers Sportsbook – launched on October 3rd
- DraftKings Sportsbook – launched on October 3rd
- FanDuel Sportsbook launched on October 21st
- BetAmerica – launched on December 30th
There is plenty of room for additional operators to join the fray should they choose. Indiana sports betting law allows each land-based casino or off-track betting facility to launch up to three online betting platforms (a.k.a. “skins”). Multiply that by 15 facilities authorized for sports betting and there is no lack of opportunity for operators interested in the Indiana market.
Belterra Casino is the first facility to use two of its online betting slots in partnering with FanDuel and BetMGM. Each of Indiana’s other casinos has either partnered with a single mobile betting operator or none.
Previewing BetMGM Indiana
BetMGM currently offers mobile sports betting in New Jersey on Borgata’s sports betting license. The BetMGM Indiana platform should largely resemble its New Jersey counterpart.
That means Indiana bettors can anticipate being able to place wagers on professional, college and international sports on the BetMGM website or through the mobile betting app. BetMGM also provides in-play betting complete with live stats and animated graphics showing what’s happening on the field or court in real time.
The following screenshots from BetMGM New Jersey offer a preview of what Indiana bettors will likely see once BetMGM launches in the Hoosier State.
BetMGM operates under the Roar Digital brand, which was established after the 2018 announcement of a 50/50 joint venture between MGM Resorts International and international online gaming operator GVC Holdings.
The joint venture was established specifically to target the growing US online gaming market and both companies pledged to invest $100 million each into the venture.
Looking at BetIndiana
Much less is known about what BetIndiana has in store for Hoosiers. BetIndiana bills itself as “Your Hometown Sportsbook” and revealed in a press release last year that it “will offer action on events from around the world with the convenience of wagering from anywhere in the state via a mobile device.”
BetIndiana founder Frank Ignatius welcomed the licensing news today on Twitter:
BetIndiana also plans to debut a retail sportsbook at Majestic Star Casino, which itself is in the process of relocating inland and reopening as the Hard Rock Casino in Gary. John Keeler, Vice President of Majestic Star parent company Spectacle Entertainment, said he hopes to see the new casino finished by New Year’s Eve 2020.