Sports Betting Affect on IndyCar Racing

On September 1st of this year, betting on sports in Indiana will become legal. But residents should not expect to see betting kiosks unloaded at Indianapolis Motor Speedway for IndyCar Racing. The new legislation only licensed casinos, racinos and off-track betting facilities to open a sports book and accept bets.  So while legislation allows Hoosiers to bet on racing, venues where legal gambling doesn’t already take place won’t be taking wagers. “The law that passed, and it was obvious from the very beginning of the legislative process,” said Mark Miles, CEO of Hulman & Co, which owns IMS and IndyCar,…