While no figures are available yet, mobile sports betting has become popular in several of the seven states where it’s available. In New Jersey, mobile sports betting makes up about 80 percent of the market.<\/p>\n
In September, Iowa \u2013 in its first full month of sports betting \u2013 reported that mobile betting represented more than 56 percent of the market. That\u2019s even though only seven of the 18 licensed casinos were offering mobile applications, and that Iowa currently requires in-person registration at casinos before customers can use their online accounts.<\/p>\n
\u201cWe all know that mobile is going to be the dominant platform for betting on sports,\u201d he said.<\/p>\n
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And while some companies have a head start, he believes BetIndiana will be able to compete with the established brands, like DraftKings, FanDuel, or William Hill. The challenge will be in getting the name recognition in the market. However, he believes his company will have the technology to compete with them.<\/p>\n<\/div>\n
In addition, Ignatius told Casino.org that US Sports Gaming is planning to have its own traders on staff to set their own pricing. Initially, the company will rely, at least partially, on Sportradar to help until it can get its staff ready.<\/p>\n
Gary Casino Update<\/h2>\n
In other news for Spectacle, the Gary Common Council voted Tuesday night to approve an amended agreement between the casino owner and the city.<\/p>\n
After the state legislature approved Spectacle\u2019s request to move the casino inland, officials with the city asked to renegotiate the agreement with the company, Keeler said.<\/p>\n
Among the terms of the deal, Spectacle will provide the city 3 percent of the casino\u2019s adjusted gross receipts and 3 percent of the adjusted revenue from sports betting as well.<\/p>\n
The agreement also provides Gary with .5 percent of the adjusted receipts over a 10-year period from the Terre Haute casino if Spectacle wins the right to that license.<\/p>\n
The Majestic Star, which is based on two boats, held two licenses. The move inland allows them to consolidate operations under one license, and the state has set that aside for a possible casino in the west central town near the Illinois border.<\/p>\n
Voters in Vigo County will vote whether to allow a casino there in a referendum next month.<\/p>\n","protected":false},"excerpt":{"rendered":"
Spectacle Entertainment, which owns the Majestic Star Casinos in Gary, Ind., has found a mobile sportsbook partner. Earlier this week, USA Sports Gaming LLC announced an agreement to launch a new application, BetIndiana. Frank Ignatius, the founder and president of USA Sports Gaming told Casino.org the company would submit its vendor application to the Indiana […]<\/p>\n","protected":false},"author":45,"featured_media":117383,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,1074],"tags":[],"acf":[],"yoast_head":"\n
Spectacle Entertainment Signs Mobile Sports Betting Deal with BetIndiana<\/title>\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