Casinos

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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Racinos ask permission to use mobile devices for gamblingRestricted Content

January 26, 2013
 IBJ Staff
The Indiana Gaming Commission might allow the use of casino issued iPads for gambling on casino premises.
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Bill aimed at boosting Indiana casinos advances

January 23, 2013
Associated Press
The Senate Public Policy Committee voted 9-0 in support of a bill that would overhaul the state's casino taxes, along with allowing Indiana's 10 riverboat casinos to move inland to adjacent property and permit live table games at the two horse track casinos.
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Indiana lawmakers aim to shore up riverboat casinos

January 21, 2013
Associated Press
Lawmakers have introduced legislation to help Indiana's riverboat casinos hold onto business in the face of growing competition from casinos in neighboring states.
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Bill would give green light to live table games at racinosRestricted Content

January 19, 2013
Kathleen McLaughlin
A wide-ranging gambling bill designed to protect Indiana casinos from border-state competition would allow live table games at two central Indiana racinos.
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Gaming commission OKs Centaur plan to buy Indiana Grand

January 10, 2013
Kathleen McLaughlin
The Indiana Gaming Commission on Thursday afternoon approved Centaur Holdings LLC's plan to buy Indiana Grand Casino and Indiana Downs in Shelbyville.
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Centaur strategy cheers horse industryRestricted Content

January 5, 2013
Kathleen McLaughlin
Centaur Holdings LLC plans to concentrate all thoroughbred racing at Indiana Downs in Shelbyville and all standardbred harness racing at Hoosier Park in Anderson once it clears regulatory hurdles to take control of the Shelbyville track.
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Indiana lawmakers urged to strengthen casino industry

December 10, 2012
Associated Press
A southern Indiana economic development association is urging the Legislature to strengthen the state's casino industry by revising existing gambling laws to allow it to remain competitive as casinos open in surrounding states.
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Indiana casino cuts 80 jobs, blames economy

November 9, 2012
Associated Press
A northwestern Indiana casino is blaming the economy and increased competition for its decision to lay off about 80 workers.
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Judge approves Shelbyville racino sale to Centaur

November 1, 2012
Kathleen McLaughlin
A bankruptcy court judge has approved Centaur Holdings LLC's purchase of the Indiana Grand racetrack and casino in Shelbyville for $500 million. The deal still requires regulatory approvals.
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Indiana Grand Casino owners accept bid from Centaur

September 18, 2012
Kathleen McLaughlin, Associated Press
Central Indiana’s two racetrack-casinos may consolidate under a single owner after Indianapolis-based Centaur Holdings LLC submitted a winning bid of at least $500 million for Indiana Grand Casino in Shelbyville.
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