The pro-iGaming organization has been working to drum up support for online casinos in Indiana.<\/p>\n
It is very complementary to digital sports betting and that having the two together actually raises revenues for both verticals,” <\/strong>Pappas said. “I think this is exactly the message that we’ve been delivering to lawmakers in Indiana for the last couple of years.”<\/strong><\/p><\/blockquote>\nWhile some states will look to expand gaming in order to raise revenues, that’s not necessarily an issue in Indiana. When the state ended the last fiscal year in June, it did so with a $6.1 billion budget surplus. During a special legislative session in Indianapolis last month, lawmakers passed a bill giving most taxpayers a $200 refund. That was on top of an automatic $125 refund announced earlier in the year.<\/p>\n
With Indiana’s sound fiscal standing, Pappas said making new revenue the top selling point is not likely to convince lawmakers to pass iGaming next year. Instead, the focus needs to be on other aspects, such as that iGaming will not cannibalize existing casinos and take away jobs or local revenue shares from communities.<\/p>\n
“That’s really important, and this study reaffirms that (cannibalizing) wouldn’t be the case,” Pappas said.<\/p>\n
Who Plays at Online Casinos?<\/h2>\n Spectrum\u2019s study also included an unnamed iGaming operator\u2019s breakdown of its players by demographics. That operator found that more than 47% of its players are between ages 21 and 39 and generate 28.7% of the operator\u2019s GGR.<\/p>\n
Across all ages, roughly one-quarter of its players gambled on the site for at least 31 days in 2021. Not surprisingly, those players made up most of the operator’s revenue.<\/strong><\/p>\nAnd while online sports betting is a male-dominated market, the operator\u2019s data shows that 43.2% of its iGaming customer base across all jurisdictions are women.<\/p>\n","protected":false},"excerpt":{"rendered":"
A report released Tuesday morning by the Indiana Gaming Commission (IGC) claims that legalized online casinos (otherwise known as iGaming), could generate hundreds of millions of dollars and hundreds of jobs in the state without harming the brick-and-mortar venues. Spectrum Gaming Group conducted the analysis for the IGC and produced the 103-page report. It comes […]<\/p>\n","protected":false},"author":45,"featured_media":234077,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,18943],"tags":[81871,82328],"acf":[],"yoast_head":"\n
Indiana Report Says iGaming Won't Harm Brick-and-Mortar Casinos - Casino.org<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n