Indiana’s Sports Betting Market Continues to Expand with BetMGM Launch

Soccer Player Kicking Ball Into Goal, BetMGM Logo
On Tuesday, Boyd’s Belterra casino celebrated the official launch of BetMGM’s mobile sportsbook. That makes for the fifth mobile sportsbook in the state.

Last month, BetMGM held a temporary license but was officially cleared on Feb. 25. The BetMGM app is powered by Roar Digital, a partnership between MGM Resorts International and GVC: Great Britain’s betting technology leader.

BetMGM now has four mobile states in the US: New Jersey, where they originally launched, Nevada, West Virginia, and Indiana. When you visit BetMGM’s official site, it asks, “Where do you want to play?” with an option to click on one of the four state’s portals.

Indiana’s Growing Sports Betting Market

With Governor Eric Holcomb signing SB 552 into law last May, Indiana has been diving deep into the sports betting industry.

From December to January, sports betting revenue jumped 5.6% to $170.8 million. The online handle of their sports betting industry included a 11.6% growth, hitting $123.4 million.

DraftKings Sportsbook and FanDuel Sportsbook dominated the online handle, with DraftKings alone contributing $66 million to the total number. The majority remainder was taken by BetRivers, with BetIndiana and PointsBet receiving less than $90,000.

A full list of the five, live sportsbook apps currently available in the state:

Sportsbook Launch date
DraftKings Sportsbook Oct. 3, 2019
FanDuel Sportsbook Oct. 26, 2019
BetRivers Oct. 3, 2019
BetAmerica Dec. 30, 2019
BetMGM Feb. 25, 2020

The sportsbook apps that the state eventually expects to see at an unknown date: Fox Bet, PointsBet, William Hill, and Caesars Sportsbook.

BetMGM’s Planned Future Launches

MGM COO, Bill Hornbuckle, says BetMGM could very well be in eight states by year’s end. Besides their mobile offerings, they also operate retail sports betting. Three states are already planned for the near future: Pennsylvania, Colorado and Iowa. BetMGM has high future hopes for Michigan in particular.

Hornbuckle said he hopes the company will dominate in Michigan, where MGM operates MGM Grand Detroit.

About BetMGM

When legal sports betting first launched throughout the US, BetMGM operated under a different name, “PlayMGM.” PlayMGM was the 1.0 version of BetMGM we know today. Today, BetMGM offers many exciting and convenient features for its players, including early cash out, live in-game betting, odds boosts, and more payment options including PayPal and Skrill.