Indiana Gaming Commission iGaming Study
September 27, 2022
Here is the long-awaited Indiana Gaming Commission iGaming study conducted by Spectrum. The study looks at revenue impact of iGaming on Indiana and also impact of iGaming on land-based gaming. They examine other states with iGaming, with focus on NJ, MI and PA.
Key findings include:
- Sports betting and iGaming create synergies that increase overall revenues for each vertical
- iGaming would not negatively impact Indiana casino revenues.
- Live dealer would create new jobs without threatening existing casino dealer jobs
- Operator revenue could reach 830m+ by year three
- Study looks at 3 tax rates (20%, 30% and 45%) with state tax revenues ranging from 160m+ to 370m+ depending on tax structure by year 3.
The gaming commission is set to meet at 11am today. It is likely this will be discussed, but it is not the focus of the meeting. Watch the meeting here.