Horse Tracks

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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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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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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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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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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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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Judge clears two horsemen from defamation suit

January 29, 2013
Kathleen McLaughlin
A federal judge has released two Indiana horsemen from the ongoing defamation and conspiracy case brought by Ed Martin Jr., a former car dealer and thoroughbred breeder.
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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 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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Illinois governor rejects plan to expand state's gambling

August 28, 2012
Associated Press
Illinois Gov. Pat Quinn on Tuesday rejected a bill to expand gambling in the state, including a new land-based casino in Chicago, saying the proposal lacked sufficient regulatory oversight. The plan proposed four new riverboat casinos and allowing slot machines at racetracks.
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Shelbyville casino could exit bankruptcy in August

June 22, 2012
Bloomberg News
A judge on Thursday approved procedures for the potential sale of the property. Bids must be accepted by July 20, and an auction will be conducted on July 31.
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Hoosier Park site in Indy tests mobile wagering

June 19, 2012
Associated Press
Patrons at Hoosier Park's off-track-betting site in downtown Indianapolis can now bet on horse races from the comfort of their seats, and they'll soon be able to place wagers from their smartphones.
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Purchase offers fail to satisfy creditors of Shelbyville casinoRestricted Content

June 16, 2012
Owner of Indiana Grand Casino plans to proceed with recapitalization plan instead.
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Martin prevails in appeal of ruling that banned him from horse tracksRestricted Content

June 9, 2012
Kathleen McLaughlin
Industry stalwart prevails in fight against Indiana Horse Racing Commission, which found that he had participated in racing and wagering activities without a license.
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Federal suit intensifies horse-racing dispute

April 19, 2012
Scott Olson
Former car dealer Ed Martin Jr., already banned from state horse racing tracks, is accusing the Indiana Horse Racing Commission of violating his civil rights and trespassing on his Florida thoroughbred farm during an investigation it launched against him.
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Indiana Downs closing Evansville off-track site

April 13, 2012
Associated Press
An off-track, pari-mutuel betting parlor in Evansville owned by Indiana Downs is set to close as the central Indiana-based company that owns it remains in bankruptcy protection.
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Shelbyville casino fined $150,000 by state gaming agency

March 16, 2012
The most serious offense by horsetrack and casino Indiana Live involved sending electronic promotions to dozens of people who had voluntarily excluded themselves from receiving casino solicitations.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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