Online lottery, gambling expansion clears first hurdle
Legal lottery and casino games could come to your smartphone as soon as September.
A proposal authorizing interactive gambling — known as iGaming — advanced Tuesday throught the House Public Policy Committee on a 9-2 vote, following more than three hours of discussion.
'What is the future of gaming policy in Indiana?' Author Rep. Ethan Manning, R-Logansport, asked, while introducing his legislation. 'How can we leverage the assets we already have, take advantage of new opportunities, benefit the most people and also, at the same time, protect some of our most vulnerable?'
Indiana could earn millions more off legalized i-gaming than previously estimated, report says
Manning estimated that the digital lottery and casinos games, coupled with sports wagering tax hikes, could bring the state of Indiana more than $300 million in new revenue. An official estimate, via an updated fiscal analysis, is on its way after the committee agreed to five substantial amendments.
Indiana would join 14 other states with digital lottery games, including Kentucky, Illinois and Michigan.
House Bill 1432 would tax iGaming licensees at 26% until July 2026. Then, it would impose graduated rates ranging from 22%-30%, depending on the licensee's income. Only casinos and horse tracks would be eligible to get the licenses.
As amended, the proposal would let the Indiana Gaming Commission begin accepting iGaming license applications upon its passage. iGaming itself would go live on Sept. 1, 2025.
The legislation also establishes a new program for responsible gambling and gambling addictions. Where Indiana's past efforts have focused heavily on awareness campaigns, the new program could also fund treatment and research.
Licensees would pay for its work through annual fees of $250,000. If the fund empties out, the commission could invoice licensees monthly, based on market share. Each licensee's aggregate contributions to the fund would be capped at $2 million annually.
Lawmakers have long wanted to legalize iGaming. Recent attempts were stymied by corruption convictions involving former legislators.
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These statements reflect our current expectations as to future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. In some cases, you can identify these forward-looking statements by the use of words such as "outlook", "believe(s)", "expect(s)", "potential", "continue(s)", "may", "will", "should", "could", "would", "seek(s)", "predict(s)", "intend(s)", "trends", "plan(s)", "estimate(s)", "anticipates", "projection", "goal", "target", "aspire", "will likely result", and or the negative version of these words or other comparable words of a future or forward-looking nature. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Factors that could cause the Company's results to differ materially from those described in the forward-looking statements can be found in Part I, "Item 1A. Risk Factors" of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 as filed with the Securities and Exchange Commission (SEC) and other periodic filings with the SEC, which are accessible on the SEC's website at Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Company's filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. About Flutter Entertainment plc Flutter is the world's leading online sports betting and iGaming operator, with leading positions in markets across the world, including the US. Our ambition is to leverage our significant scale and our challenger mindset to change our industry for the better. By Changing the Game, we believe we can deliver long-term growth while promoting a positive, sustainable future for all our stakeholders. We are well-placed to do so through the distinctive, global competitive advantages of the Flutter Edge, which gives our brands access to group-wide benefits to stay ahead of the competition, as well as our clear vision for sustainability through our Positive Impact Plan. Flutter operates a diverse portfolio of leading online sports betting and iGaming brands including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, tombola, Betfair, MaxBet, Junglee Games, Snaitech, Betnacional and Adjarabet. To learn more about Flutter, please visit our website at The person responsible for arranging release of this Announcement on behalf of Flutter is Edward Traynor, Company Secretary of Flutter. Enquiries: Investor Relations: Media Relations: corporatecomms@ Links: Sign up to our RNS and SEC alerts here Sign up to our Press Releases here Follow Flutter Entertainment on LinkedIn or X This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@ or visit