Indiana governor signs sports betting bill

Sports betting is coming to Indiana. On Wednesday, Governor Eric Holcomb signed the the sports wagering bill that was approved by the state's legislature less than three weeks ago. It was the final day that Gov. Holcomb could sign; if he did not do so, the bill would have passed without his signature.

Gov. Holcomb offered the following statement after signing the bill:

"Gaming is a highly regulated industry that once had little competition, but now does from surrounding states and new technology. By modernizing our laws, this legislation will spur positive economic growth for our state and for an industry that employs over 11,000 Hoosiers. Additionally, it will bring in new revenue and create hundreds of new jobs — both permanent and in construction. I will direct the Indiana Gaming Commission to monitor for potential effects of this bill so that we can make necessary changes in future legislative sessions."