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Bill aimed at boosting Indiana casinos clears Senate

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A major overhaul of Indiana casino regulations and taxes has cleared the state Senate amid arguments from its supporters that the casinos need help against growing competition from surrounding states.

Senators voted 32-18 Monday night to approve the bill that would allow Indiana's 10 riverboat casinos to move inland to adjacent property and permit live table games at the two horse track casinos. The bill would also cut state taxes on casinos by millions of dollars.

Several senators who represent counties with casinos objected to provisions that would reduce how much casino tax revenue is distributed to local governments. They argue those communities bear extra expenses hosting the casinos.

The bill now goes to the House, where several leaders are wary of making major changes in the casino laws.

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  • The Riverboat Has Already Sailed...
    This is window dressing at best. The days of monopolizing gaming revenue from other states is officially over, with casinos opening in Ohio, and soon Illinois. Kentucky will not be far behind. Indiana had a nice 20 year run with this. I applaud the forward thinking, no matter how asinine the original laws may have been.

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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

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