Casinos

Legislators to reconsider aid for struggling casinos

September 13, 2014
Kathleen McLaughlin
Indiana legislators were lukewarm to assistance for casinos in 2013, but two years of declining revenue and new leadership on the issue could change their minds.
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Pence keeps up opposition to land-based casinos

August 21, 2014
Associated Press
Indiana Gov. Mike Pence says he remains opposed to allowing more land-based casinos in Indiana despite a push from Evansville officials worried about declining revenue from the city's riverboat.
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Southwest Ohio gamblers spending less in Indiana

June 10, 2014
Associated Press
An analysis found that gamblers for the first time are spending more at the Cincinnati casino and two racinos in the region than in neighboring southeast Indiana.
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Anderson casino cuts 13 workers amid falling revenue

February 4, 2014
Associated Press
Hoosier Park reported a 3-percent drop in gambling revenue through the first 11 months of 2013, from $17.5 million to less than $17.1 million.
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Committee pushes gambling discussion to summer

January 30, 2014
Jacob Rund, The Statehouse File
A Senate bill that would give the state's riverboat casinos tax breaks and authorize table gambling in racinos was sent to a summer study committee Wednesday.
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Indiana casino taxes falling faster than anticipated

January 20, 2014
Associated Press
Indiana's three casinos near Cincinnati have seen big declines since a downtown casino opened in the Ohio city last March.
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Centaur gift to spur Purdue equine hospital

December 13, 2013
 IBJ Staff
Purdue University plans to build a $10 million veterinary hospital for horses in Shelbyville, made possible in part by a $2.7 million grant from Indiana racino owner and operator Centaur Gaming.
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Indiana lawmakers unlikely to consider casino aid

December 6, 2013
Associated Press
A key state legislator doesn't expect the General Assembly will be taking any action on changing Indiana's casino laws during its upcoming session.
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Moody's: Established gambling markets faltering

September 20, 2013
Associated Press
The credit rating agency issued a report describing a shift in casino tax revenue away from New Jersey, Indiana and Nevada to new markets in places like Pennsylvania, Illinois and Ohio.
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New tax break reduces Indiana share of casino revenue

June 11, 2013
Associated Press
Total tax receipts from casinos fell nearly 18 percent last month compared with May of last year, according a report released Monday by the Indiana Gaming Commission.
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Indiana casinos win few gains from Legislature

April 27, 2013
Associated Press
The Indiana Legislature didn't boost the state's casinos nearly as much as supporters had wanted as they face greater competition from neighboring states.
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Legislature taking tight-fisted stance with casinos

April 23, 2013
Associated Press
The casino bill approved by the House last week would grant less than a fifth of the tax breaks first proposed in the Senate. It also doesn't permit live table games at the racinos in Anderson and Shelbyville.
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Ohio competition sends Indiana casino revenues down

April 9, 2013
Associated Press
Indiana's riverboat casino revenues fell 4.4 percent in March, dragged down by declines at two southeastern Indiana venues that faced their first month of head-to-head competition with a Cincinnati casino.
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Plan would shift money from horse racing to auto racing

April 9, 2013
 The Statehouse File
The move—debated Monday in the Indiana House Ways and Means Committee—is meant to subsidize upgrades at the Indianapolis Motor Speedway and make low-interest loans available to other auto tracks and businesses across the state.
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Cincinnati casino brings in $21M in first month

April 9, 2013
Associated Press
Horseshoe Casino Cincinnati, which is expected to lure some gambling revenue from Indiana's casinos, opened March 4.
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Land-based casinos likely, says Indiana gambling chief

April 9, 2013
Associated Press
Gaming Commission Executive Director Ernest Yelton said declining casino revenue and other factors are helping drive the push for land-based casinos.
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Lawmakers debate what counts as gambling expansion

March 31, 2013
Associated Press
The differences between the electronic and standard table games are being portrayed to state lawmakers as one of life and death, with proponents of a bill that would allow racetrack table games saying they would add jobs while not substantially changing what the racetracks already offer.
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Lawmakers still considering live table games at racinos

March 28, 2013
 The Statehouse File
The Indiana House Ways and Means Committee postponed amendments and a vote on a gambling measures Wednesday after supporters of the state’s horse-track casinos renewed their fight to get live dealers at their table games.
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House panel rejects live table games at racinos

March 20, 2013
Associated Press
An Indiana House committee has rewritten a gambling bill to keep table games out of Indiana's racetracks and restore money for counties that host casinos.
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Casinos bet $19M at Statehouse with mixed results

March 16, 2013
Associated Press
The gambling industry spent more than $19 million lobbying at the Indiana Statehouse from 2000-2012, according to reports filed online by the Indiana Lobby Registration Commission.
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Pence objects to proposed gambling expansion

March 12, 2013
Associated Press
Indiana Gov. Mike Pence is asking lawmakers not to approve an expansion of gambling despite pressure from new casinos in bordering states.
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Indiana, Kentucky brace for new casino in Cincinnati

March 3, 2013
Associated Press
With a glistening $400 million casino set to open in downtown Cincinnati on Monday, officials and casino executives in two neighboring states are looking at the development with trepidation as they prepare to watch tax dollars flow into Ohio.
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Bill aimed at boosting Indiana casinos clears Senate

February 25, 2013
Associated Press
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.
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Major Indiana casino overhaul faces doubts in Statehouse

February 15, 2013
Associated Press
The leader of the Indiana House is hesitant about the chances of an overhaul of state casino taxes and regulations aimed at helping them against growing competition from surrounding states.
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Senate bill would stop paying gambling counties

February 15, 2013
 The Statehouse File
The change would save the state $24 million in 2015 and another $48 million each year thereafter—all money that's now being collected from gambling taxes and sent to cities, towns and counties.
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  1. You are correct that Obamacare requires health insurance policies to include richer benefits and protects patients who get sick. That's what I was getting at when I wrote above, "That’s because Obamacare required insurers to take all customers, regardless of their health status, and also established a floor on how skimpy the benefits paid for by health plans could be." I think it's vital to know exactly how much the essential health benefits are costing over previous policies. Unless we know the cost of the law, we can't do a cost-benefit analysis. Taxes were raised in order to offset a 31% rise in health insurance premiums, an increase that paid for richer benefits. Are those richer benefits worth that much or not? That's the question we need to answer. This study at least gets us started on doing so.

  2. *5 employees per floor. Either way its ridiculous.

  3. Jim, thanks for always ready my stuff and providing thoughtful comments. I am sure that someone more familiar with research design and methods could take issue with Kowalski's study. I thought it was of considerable value, however, because so far we have been crediting Obamacare for all the gains in coverage and all price increases, neither of which is entirely fair. This is at least a rigorous attempt to sort things out. Maybe a quixotic attempt, but it's one of the first ones I've seen try to do it in a sophisticated way.

  4. In addition to rewriting history, the paper (or at least your summary of it) ignores that Obamacare policies now must provide "essential health benefits". Maybe Mr Wall has always been insured in a group plan but even group plans had holes you could drive a truck through, like the Colts defensive line last night. Individual plans were even worse. So, when you come up with a study that factors that in, let me know, otherwise the numbers are garbage.

  5. You guys are absolutely right: Cummins should build a massive 80-story high rise, and give each employee 5 floors. Or, I suppose they could always rent out the top floors if they wanted, since downtown office space is bursting at the seams (http://www.ibj.com/article?articleId=49481).

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