The Indiana online sports betting market recently another player to the mix. WynnBET launched on April 1 in the Hoosier State. The sportsbook received a temporary license from the Indiana Gaming Commission in late March, and followed quickly with a launch.
WynnBET is partnered with a land-based casino, the Rising Star Casino Resort. It is located a couple of hours southeast of Indianapolis. WynnBET’s Indiana bonus offer is a $500 risk-free first bet for new users. The max value of the risk-free bet is $500 in New Jersey, Colorado, and Virginia. Michigan bettors have a slightly higher offer at $1000. Learn more about the WynnBET Indiana launch offer.
However, does Indiana need another online sportsbook? After all, six new ones joined the market in 2020. So, is there room for another?
In 2020, Indiana’s first full year of legalized sports betting, sportsbooks took over $1.7 billion. But that was with ten active online sportsbooks. So, if anything, WynnBET will help Hoosiers bet more in 2021, not less.
Busy Year For WynnBET?
Wynn Resorts and Full House Resorts agreed on a partnership deal in 2019. Full House Resorts is the parent company for the Rising Star Casino. Daniel Lee, Full House’s President and CEO, had this to say in a statement announcing the partnership (via the Las Vegas Review-Journal):
“Wynn Resorts is renowned for its unparalleled focus on guest service. We are thrilled to see them bring their unique vision to the online space, beginning with the residents of — and many visitors to — Indiana and Colorado.”
For WynnBET, Indiana will be the brand’s fifth state to operate in. But that number will grow relatively soon. WynnBET has already received approval to launch in Tennessee, giving them six. The company has also recently gained market access to a seventh state, Ohio.