Study: iGaming in Indiana Wouldn’t Seriously Impact Retail Gambling
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A new report by Spectrum Gaming suggests that Indiana’s online gambling industry could generate substantial revenue for the state without negatively impacting the land-based gambling sector. The study, commissioned by the Indiana Gaming Commission, examined the potential impact of iGaming on four key gaming segments: retail casinos, digital sports betting, the lottery and horse racing.
iGaming Rollout Doesn’t Destabilize Retail Gambling
The report found that while online casinos may slightly temper the growth of retail casinos, they are unlikely to cause a significant decline in revenue. The study examined successful Delaware online casinos among other established markets, such as Connecticut, Michigan, New Jersey, Pennsylvania and West Virginia, to understand the coexistence between digital and retail gaming.
Despite some mixed results across these states, Spectrum concluded that Indiana’s market characteristics align more closely with those states that experienced growth in retail casino revenue despite the introduction of online casinos.
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