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Ohio casino question could affect Indiana

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For the fifth time in 20 years, Ohio voters are poised to weigh in on a ballot question that would authorize casinos in Cincinnati, Cleveland, Columbus and Toledo.

If the measure passes Tuesday, it could deal another blow to Indiana’s already struggling gambling industry.

Southeast Indiana casinos—Grand Victoria in Rising Sun, Belterra near Vevay and Hollywood in Lawrenceburg—could lose up to 38 percent of their admissions to new competitors in Ohio, costing the state up to $86 million in wagering tax revenue, according to an estimate from Indiana’s Legislative Services Agency.

About $600 million a year flows from riverboat casinos into the state’s general fund, making it one of the leading sources of state revenue.

But gamblers have cut spending as the economy soured, and Ohio isn’t the only potential competitor looking to take a bite out of Indiana’s piece of the pie.

Kentucky Gov. Steve Beshear wants to legalize either slot machines or casino-style gambling at racetracks throughout his state, and Michigan is considering expanding its tribal casinos.

Indiana could lose up to $250 million in casino tax revenue if all the proposed out-of-state casinos are approved, the LSA told a legislative study committee last month.

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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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