Remember, gambling creates no new wealth. Money spent on wagering has no multiplying factor in the local economy. It is simply subtracted from money that would otherwise be spent on things like food, clothing and healthcare needs.
“The Indiana Gaming Commission (IGC) released monthly figures showing the state’s sportsbooks and sports betting applications accepted nearly $91.7 million in wagers for October. That’s up more than 160 percent from its September handle of $35.2 million.”
Mobile Apps Lead to Huge Jump for Indiana Sports Betting Figures in October