IBJNews

Committee pushes gambling discussion to summer

Back to TopCommentsE-mailPrintBookmark and Share

Indiana's riverboat casinos could receive tax breaks and be able to expand onto land under legislation the Senate Public Policy Committee debated Wednesday, but it won't happen anytime soon.

The panel didn't vote on the bill, however, which means it will likely head to a summer study committee for further discussion.

Sen. Phil Boots, R- Crawfordsville, called Senate Bill 364 a “very innovative idea” and stressed its importance as it pertains to Indiana’s gambling industry.

The bill would also authorize table gambling in racinos.

Competition to Indiana casinos has arisen from Ohio, which currently has six new venues drawing customers away from the Hoosier state.

“I think our operators are top notch, they just need the tools to compete with the rest of the world,” Boots said.

Indiana’s gaming revenue has been significantly declining in recent years.

In 2009, wagering at the casinos topped $2.8 billion. In 2012, it was $2.56 billion, an 11.8-percent drop.

Casino industry employment is also decreasing. In 2000, Indiana casinos employed 16,000 people, a number that has dropped to roughly 12,000.

“From a customer’s experience, you can’t compete with a land-based facility,” said Steve Jimenez, general manager of the Rising Star Casino (formerly the Grand Victoria Casino) in Rising Sun. “It gives us a good start to try to get to a level playing field.”

Jimenez also said that the legislation would help his casino bring business from out of state.

Committee Chairman Sen. Ron Alting, R- Lafayette, said he expected additional testimony from the owner of Rising Star – whom Alting referred to as “a brilliant mind in the field of gaming” – but the owner was unable to attend the meeting.

Alting did not bring the bill to a vote and referred the legislation to a summer study committee.

ADVERTISEMENT

  • hyperbole towards tea party
    Many of you leftists who comment here would be perfect candidates for another angry MSNBC prime time show. LOL
  • Yup.
    Agree with previous posters--we get to choke in the iron grip of blind morality until doing something else suits their fancy. Suddenly not so immoral to have table games once you start losing money, huh? This place is so backwards.
  • Easy man
    PJ, it's simple to understand. We have a right wing, tea party republican governor and a right wing tea party republican legislature. And, you have voters that vote Republican blindly and ignorantly. The result is the most oppressive state other than Iran. But keep pulling that Republican lever. At least Indiana has a world wide reputation for something.
  • WHY NOT
    I have a novel idea, why let the casinos have a land based operation, and let them have table games, and then worry about lower taxes after a two year period.
  • Why are we Morally Controlled?
    I never have understood and don't think I ever will understand why the State has laws against things such as these. This is obviously a moral based law. There is no reason people shouldn't be allowed to gamble their money however they want. Same goes with liquor sales on Sundays, Holidays and Election. Why?!?

    Post a comment to this story

    COMMENTS POLICY
    We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
     
    You are legally responsible for what you post and your anonymity is not guaranteed.
     
    Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
     
    No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
     
    We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
     

    Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

    Sponsored by
    ADVERTISEMENT

    facebook - twitter on Facebook & Twitter

    Follow on TwitterFollow IBJ on Facebook:
    Follow on TwitterFollow IBJ's Tweets on these topics:
     
    Subscribe to IBJ
    1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

    2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

    3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

    4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

    5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

    ADVERTISEMENT