BetMGM Gets Green Light for Indiana Launch
BetMGM Sports betting app gets go ahead for Indiana Launch
This past Monday (24 Feb) BetMGM officially received full approval from the Indiana Gaming Commission to launch their mobile sports betting app in Indiana. Roar Digital, which is the joint venture between MGM Resorts International and GVC, secured the approval and is now ready to ahead with the launch of their app.
On the 13 January, Roar Digital received a temporary vendor licence from the Indiana Gaming Commission, which allowed BetMGM to launch mobile sports betting activities under a licence issued to Belterra Casino Resort, which is owned by Gaming and Leisure Properties and operated by Boyd Gaming. So, whilst there is excitement at the news of it officially being given the go ahead, it has been in the pipeline for some time. This latest app going live will mark the fifth addition of a sports betting option to the Hoosier State. Joining the likes of DraftKings, FanDuel, BetRivers and BetAmerica.
Roar Digital received full approval Monday from the state regulator after demonstrating that its mobile sports betting operation met the requirements of Indiana Code Article 4-38, the Commission’s Emergency Regulations, and all Commission directives related to sports betting. The BetMGM mobile sportsbook will now be operating through a licensing agreement that Roar Digital signed with Belterra Casino Resort. This partnership with an entity in the state was one of the requirements laid out by the gaming regulator.
That wasn’t the only requirement it needed to meet, however. In addition to that, just like other online sportsbooks in Indiana, the BetMGM mobile betting app was required to satisfy a long list of other requirements that sought to address a number of issues. These include taxation, licensing terms and even the functionality of the apps. The press release that announced the approval confirmed that the sports betting service provider had met and cleared all of these requirements and was ready to go.
The executive director of the Indiana Gaming Commission said “BetMGM has substantially demonstrated to the satisfaction of the Commission that its mobile sports wagering operation meets the requirements of Indiana Code Article 4-38, the Commission’s Emergency Regulations, all of Commission Directives related to sports wagering activities”. With this, sports bettors in Indiana have more options to choose from when considering what wagers to place, with a vast array of markets now available across the United States as well as the world.
Current Sate of play for Indiana Sports Betting
Like a lot of other states in the country, sports betting continues to grow and evolve as more and more big brands enter the market. With operators such as DraftKings and BetAmerica entering the Indiana betting market, people are starting to sit up and take note of the growing popularity of sports betting. Online gambling is really on the rise leading to large growth in the gambling sector.
At the moment, the state’s sports betting market has seen a considerable boost because of the neighboring states of Michigan and Illinois. While both states have already approved sports betting activities, their markets are yet to go live. Consequently, sports bettors in both states have turned to the nearest options which, you guessed it, is Indiana. There is more to come. Two operators, PointsBet and BetIndiana, are expected to go live soon, as with BetMGM before them they currently hold a temporary vendor license. BetMGM will continue its plans to expand across the country, Indiana was the fourth state they have introduced their app to, with Michigan seemingly a key target.
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