Indiana removes licenses for sports betting-related companies

  • UM News
  • Posted 9 months ago
00:00 / 00:00

Starting July 1, the Indiana Gaming Commission will remove licenses for payment processors and marketing firms that are related to sports betting, aiming to make the business easier for those who don’t directly handle bets or manage wagering accounts. This change comes after Governor Mike Braun pushed for the removal of what he called outdated 

Starting July 1, the Indiana Gaming Commission will remove licenses for payment processors and marketing firms that are related to sports betting, aiming to make the business easier for those who don’t directly handle bets or manage wagering accounts.

This change comes after Governor Mike Braun pushed for the removal of what he called outdated and unnecessary licensing requirements. Officials say these companies pose little risk and are already covered by other state and federal laws.

This move also means big savings for these businesses. Over the past five years, the average annual licensing fees totaled around $60,000. Eliminating those costs could free up resources for growth and innovation in the industry.

Indiana believes its potential

Indiana is sure that it can streamline operations without sacrificing consumer protections or proper oversight. The state believes it can still keep a close eye on the betting industry without making it harder for support companies to operate.

With this move, Indiana will influence other states to think about regulating the fast-growing world of sports betting, which holds the hand of the iGaming market. Back in January 2025, Indiana announced its plan to legalize iGaming in September 2025.

 

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