If you have watched TV at all in the past few weeks, you have probably noticed tons of commercials for sports betting. Online sports betting is now legal in Indiana, making it easier for Hoosiers to gamble on sporting events. However, most of the revenue from these sports books goes to corporations outside of Indiana. With Video Gaming Terminals (VGTs), revenue stays in Indiana supporting the location owner (bar/tavern, service club) and the small, Hoosier-owed coin-operated vending companies that would own and operate the VGTs.
VGTs are designed for responsible gambling. Placement of VGTs would be limited to only age-restricted establishments and the number of machines would also be limited. Maximum bets will remain low and the payouts are over 90% of bets placed, which is a lot more than any other gambling experience including casino slot machines. The business-model for VGTs is not to create high-risk, high-stakes experiences, but rather to provide a fun, low-risk entertainment option.