Gambling

Senator drops push for paid dealers at charity games

February 10, 2012
Kathleen McLaughlin
A proposal to allow charities to pay people to run bingo, poker and other gambling games is too touchy of an issue to tackle this session, Indiana Senate Public Policy Chairman Ron Alting said Friday morning. Instead, he’ll request a summer study committee.
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State's gambling jackpot starts to shrinkRestricted Content

January 28, 2012
Kathleen McLaughlin
Indiana casinos saw their take from gambling fall in 2011, and new competition in Ohio and perhaps other neighboring states virtually guarantees things will get worse from here.
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Kentucky governor: Casino gambling bill coming soon

January 25, 2012
Associated Press
A long-awaited proposal to open Kentucky to casino gambling so it can compete with neighboring states could be introduced in the state's Senate within days.
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Former Colts QB Schlichter in trouble again

January 19, 2012
Associated Press
Former Indianapolis Colts quarterback Art Schlichter violated his bond conditions in a fraud case by twice testing positive for cocaine and by refusing several times to provide urine samples, according to a federal probation officer.
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Lawmaker: Lift ban on paying people to run charity gamblingRestricted Content

December 17, 2011
Kathleen McLaughlin
State Sen. Ron Alting, chairman of the Public Policy Committee, wants to let charities pay people to run their bingo, poker and other games, a practice that has led to disciplinary action for some organizations.
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Bill would loosen rules on gambling licensesRestricted Content

December 17, 2011
Kathleen McLaughlin
Lawmakers are preparing to file a bill that would make it easier for charities to obtain gambling licenses.
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Indiana Live asks court for $23 million tax refundRestricted Content

December 10, 2011
 IBJ Staff
Bankrupt racetrack and casino asks for help recovering money from Indiana Department of Revenue.
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Hoosier Lottery paring down lavish new offices

December 9, 2011
Associated Press
Hoosier Lottery officials have started getting rid of some office and gym equipment that was purchased for the agency's $2 million move to a new downtown Indianapolis headquarters.
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Agency endorses big cut to state horse racing’s $58M subsidy

November 16, 2011
Scott Olson
The Indiana Inspector General recommends in a report that the annual subsidy paid to the state's horse racing community be reduced by more than half, to $28 million.
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Indiana's interim lottery chief lines up contractor job

November 11, 2011
Associated Press
Indiana's ethics board is signing off on the interim state lottery director's plans to work with a state contractor once a new lottery chief is found.
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Court sides with racinos in tax dispute with state

October 27, 2011
Francesca Jarosz
A federal bankruptcy court has sided with two Indiana racinos in a dispute over their tax burdens, a ruling that could reduce the total amount they pay into state coffers by as much as $30 million per year.
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Indiana casino expanding to fend off competition

October 19, 2011
Associated Press
Leaders of a southeastern Indiana casino are banking on a new $49 million convention center and hotel complex to help it compete with a casino being built in nearby Cincinnati.
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Daniels names interim Hoosier Lottery director

October 17, 2011
Associated Press
Megan Ornellas will serve as interim director of the Hoosier Lottery until a replacement can be found for Kathryn Densborn, who resigned following a flap over her lavish spending on a new headquarters.
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Indiana gambling exclusion list has 4,200 members

October 16, 2011
Associated Press
Nearly 4,200 people have asked the Indiana Gaming Commission to bar them from entering casinos across Indiana.
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Big name in horse racing banned from tracksRestricted Content

October 15, 2011
Kathleen McLaughlin
Ed Martin Jr., the former car dealer who helped create Indiana’s horse-racing industry, these days isn’t even welcome at the state’s tracks. The Indiana Horse Racing Commission banned Martin after he refused to obtain a license, but he filed a lawsuit in Marion Superior Court last month seeking to overturn the decision.
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Indiana Dem chairman calls on lottery director to quit

October 6, 2011
Associated Press
The head of the Indiana Democratic Party wants the director of the Hoosier Lottery to resign after an admission that it overspent on its new headquarters.
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Lottery says it overspent on amenities for new office

October 5, 2011
Associated Press
Indiana lottery officials say they overspent on their new headquarters and will sell some of their equipment after reports raised questions about the lavish facility.
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Anderson racino emerges from bankruptcy

October 4, 2011
Francesca Jarosz
The parent company of Anderson racetrack and casino Hoosier Park has officially emerged from bankruptcy. The original shareholders of Centaur Inc., about 80 individual Indiana investors, lost their entire investment in the company.
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State to crack down on new online gambling machines

October 4, 2011
Associated Press
Indiana officials have decided to clamp down on new electronic gambling machines that let users connect to online games and are giving the state excise police authority to remove them and cite businesses that have them.
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Cordish can press suit against CEO of Indianapolis Downs

August 26, 2011
 IBJ Staff and Bloomberg News
Cordish Co., a real-estate developer building a casino near Baltimore, can pursue a defamation lawsuit against the CEO of its bankrupt former business partner, Indianapolis Downs LLC, a judge said Aug. 26.
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Racinos ask federal court to lower their tax liabilityRestricted Content

August 20, 2011
Francesca Jarosz
If Indiana Live and Hoosier Park prevail, the racetrack-casinos may cut they could cut their combined tax bill by $30 million a year.
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Indiana casino owner preparing to exit bankruptcy

August 11, 2011
Associated Press
The company that owns Indiana's Hoosier Park casino and horse track expects to emerge from bankruptcy protection in the coming months with about two-thirds less debt.
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Indiana casinos see revenues drop, brace for rivals

August 8, 2011
Associated Press
State gaming commission records show that admissions at Indiana's 11 full casinos dropped about 3 percent through the first six months of this year when compared to 2010.
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Simon wagers on Internet gambling's futureRestricted Content

July 9, 2011
Francesca Jarosz
Billionaire Herb Simon is betting online gambling will become legal—and that a new company he’s backing will reap a payoff as a result.
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Indiana Downs owner halts lawsuit amid bankruptcy

May 18, 2011
Bloomberg News
Cordish Cos., a real-estate developer trying to build a casino near Baltimore, must temporarily halt a defamation lawsuit against the chief executive officer of Shelbyville casino owner Indianapolis Downs LLC, a federal judge said Tuesday.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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