- theScore Bet app for sports betting will now be part of the sportsbook offerings in the state of Indiana.
- The platform is expected to launch by the fall of 2020 after all the regulatory steps have taken place.
INDIANAPOLIS – Indiana just got a new player in their sports betting business after the Indiana Gaming Commission (IGC) approved theScore Bet app to enter the game with a temporary vendor license.
There are a few steps that must be done before the platform receives its permanent license by the IGC. If everything goes as expected, theScore Bet Indiana could begin offering sports betting to gamblers in the Hoosier State by the beginning of the NFL season.
theScore Bet Indiana
There are multiple sportsbooks that have become available in Indiana this year. theScore Bet is just the latest to begin the process to enter the sports betting market through their partnership with Penn National Gaming.
“Securing this highly-coveted partnership with Penn National is a major step towards our goal of becoming a leader in mobile sports betting in the United States,” said John Levy, Founder, and CEO of theScore. “We are thrilled that Penn National believes in, and has invested in, our vision of an integrated approach to media and sports betting and we can’t wait to unveil the best-in-class mobile betting experience that we’ve been building for sports fans.”
While only 11 states are covered in the 20-year deal, it is the hope that the legal sports betting platform will become better known and utilized by sports fans to further their name nationwide.
However, now is the perfect time to begin the licensing steps. By the time that the most bet on games begin their seasons, theScore Bet Indiana should be launching their product to all sports betting enthusiasts in the state.
Other Sportsbooks In Indiana
Indiana sports betting has the potential for a very lucrative business in sports betting and theScore Bet will now have a chance to be a part of. They will be entering the industry going up against some very big named online sportsbooks in Indiana.
DraftKings, FanDuel, and BetRivers are the top three heavy hitters in the market.
In October, these three sports betting operators took in more than half of the $4.2 million of revenue that was seen in Indiana from the gambling on sporting events.
The Hoosier State’s sports betting industry has just gotten a little bigger and when theScore Bet Indiana becomes a part of the industry, so will revenue potential.
Christina has been writing for as long as she can remember and does dedicated research on the newly regulated sports betting market. She comes from a family of sports lovers that engage in friendly bets from time to time. During the winter months, you can find Christina baking cookies and beating the entire staff at Mario Kart…the N64 version of course.