Committee pushes gambling discussion to summer
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.
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.
Indiana's three casinos near Cincinnati have seen big declines since a downtown casino opened in the Ohio city last March.
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.
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.
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.
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.
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.
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.
Lawmakers remain at odds over whether a bill meant to bolster the gambling industry in Indiana should authorize live dealers at the state’s horse track casinos.
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.
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.
Horseshoe Casino Cincinnati, which is expected to lure some gambling revenue from Indiana’s casinos, opened March 4.
Gaming Commission Executive Director Ernest Yelton said declining casino revenue and other factors are helping drive the push for land-based casinos.
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.
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.
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.
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.
Indiana Gov. Mike Pence is asking lawmakers not to approve an expansion of gambling despite pressure from new casinos in bordering states.
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.
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.