The Indiana Gaming Commission alleges longtime casino executive Rod Ratcliff funneled money from his former company into a personal gambling account and repeatedly concealed financial information from the commission that should have been disclosed.
Hoosier Lottery sees slight dip in profit amid pandemic turmoil
More than 5% of the lottery’s roughly 4,300 retail ticket sellers were closed for extended periods after statewide business restrictions were put in place in March because of the COVID-19 outbreak, lottery officials said.Read More
Eldorado Resorts has shaky record of horse-track management
To say Indiana’s horse racing industry had concerns about Eldorado Resorts Inc. taking over the state’s two horse-racing casinos would be putting it mildly.Read More
Owner of Hoosier Park, Indiana Grand on verge of $17.3B sale
Approval of the acquisition of Caesars Entertainment in coming days from regulators in Indiana and New Jersey would create the world’s largest casino operation.Read More
Probe casts uncertainty over Gary, Terre Haute casino plans
The casinos’ futures remain up in the air as the Indiana Gaming Commission looks into allegations that a former Indianapolis gambling company and one of its officers were involved in a federal campaign finance scheme.Read More
The Indiana Gaming Commission is arguing that longtime casino executive Rod Ratcliff’s lawsuit should be dismissed because he has not exhausted all of his administrative appeal options.
The agreement finalized this past week would allow the addition of live table games such as blackjack and roulette, slot machines and sports betting.
In a lawsuit filed Tuesday, longtime casino executive Rod Ratcliff argues that the commission violated his right to due process and says he believes the commission is trying to force him to sell his interests in the new Gary casino to Hard Rock International, a partner in the project.
Caesars made the announcement just before a Dec. 31 deadline to divest from the casino operation, located in the Harrison County town of Elizabeth, across the Ohio River from Louisville, Kentucky.
The Indiana Gaming Commission’s executive director said “issues of concern continue to emerge” as the agency investigates people associated with Spectacle Entertainment, which is building casinos in Terre Haute and Gary.
Michigan casinos could launch online sports betting and gambling games in December once state lawmakers waive the remaining time they have to review proposed licensing rules.
The Indiana Gaming Commission has more than 10 people under investigation for possible financial misconduct that would violate state casino laws or regulations, said Sara Gonso Tait, the commission’s executive director.
The American Gaming Association found that the industry won more than $9 billion in the third quarter of this year, which is 81% of the amount it won during the same period a year earlier.
An NCAA official suggested that gambling regulators consider restrictions on so-called proposition bets to protect the integrity of the games.
Sports betting analysts say interest in football, particularly the Indianapolis Colts, Indiana University and Notre Dame, is fueling wagers.
An FBI spokeswoman confirmed the warrants but did not say whether they were related to an earlier federal investigation into a scheme that allegedly funneled corporate contributions to political candidates.
The Rocksino—a partnership between Hard Rock Casino and Terre Haute development firm Spectacle Jack LLC—will be the first in the state to have a smoke-free interior. Casinos are an exception to the state’s smoking ban.
According to a revenue report released Friday by the Indiana Gaming Commission, the sports betting handle more than doubled from July to August to reach its highest mark since February, before the pandemic hit the state.
The pandemic and efforts to fight it led to a nearly 79% drop in commercial gambling revenue for the second quarter of 2020, the industry’s trade association reported Thursday.
The deal, which affects five Indiana casinos, was approved by New Jersey regulators on Friday.
The Indiana Horse Racing Commission signed off on the deal this week, paving the way for what will be the world’s largest casino operation. The merger, which awaits approval from New Jersey regulators, affects five Indiana casinos.
The Indiana Gaming Commission on Friday approved Eldorado Resorts Inc.’s acquisition of Caesars Entertainment Corp.’s four Indiana casino properties, with major conditions.
Churchill Downs will institute a number of operating procedures for the Kentucky Derby, which has been moved to Sept. 5 because of the pandemic.
The Indiana Gaming Commission required casino safety plans to include how they would encourage six-foot distancing between gamblers and limit the number of people at table games, along with requiring face masks for employees.