Gets Approval for Business in Indiana

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KAX Media America Inc, the U.S. subsidiary of Group, has received approval from the Indiana Gaming Commission to provide services to the licensed gaming operators in the state.

“Indiana got it right by offering mobile sports betting and the state represents a significant opportunity for sites like to connect sports fans with high quality sports betting content like top daily picks. Now having gone live with business deals with operators in Indiana, the Group continues to solidify its position at the forefront of the growing U.S. market,” Charles Gillespie, Chief Executive of Group said.

With neighbouring states not fully onboard with regulated online sports betting, Indiana benefits from Ohio, Kentucky, Michigan and Illinois players traveling to place bets, which further strengthens the opportunity for the Indiana sports betting market to flourish.

“Given the state’s affinity for both professional and collegiate sports, Indiana is a promising market. We expect competition to thrive, given the regulatory environment which allows dozens of operators to conduct business,” Max Bichsel, VP US Business at Group said.