NewsTalk

Welcome to the archives for NewsTalk, an IBJ blog published from November 2007 through December 2010.

Is Indiana addicted to gambling?

December 4, 2007
Indiana relies heavily on gambling to fund state and local government. Nearly $1 billion is generated for government by riverboats, the lottery, and taxes on parimutuel wagering and charity gaming.

Just how long the state will be able to keep the dollars rolling in another question.

Illinois lawmakers are considering adding more casinos in the Chicago area. Kentucky governor-elect Steve Beshear campaigned on a platform that included calling on its legislature to legalize gambling and open its own casinos.

If neighboring states ratchet up the competition, will Indiana be forced to cut costs and raise taxes?
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