Indiana casino’s next owner expects to retain 700 employees
The Eastern Band of Cherokee Indians is expecting state regulators to approve its ownership of the casino later this year.
Gambling
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Indy’s pro sports teams find ways to welcome gamblers
Teams are trying to earn indirect revenue from mobile sports betting, carving out areas in their facilities that cater to fans who want to follow their bets while taking in a game downtown.
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Gambling bill could help bars recover
Senate Bill 245 would double the prize limits for certain pull-tab games and allow the 1,242 bars and taverns with Type II gaming licenses to offer sports-themed pull-tab games and tip boards.
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Caesars puts pandemic losses at $2B, wants insurers to pay
Casino giant Caesars Entertainment Inc., which operates multiple properties in Indiana, is suing a long list of insurance carriers it accuses of balking at paying its business interruption costs.
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Indiana Grand expansion to create more than 100 jobs
The 25,000-square-foot expansion to the Shelbyville casino will provide space for more slot machines and additional gaming tables, plus upgrade its poker facilities.
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Articles
$300M casino opens in Gary despite ownership controversy
The Hard Rock Casino Northern Indiana’s opening was snarled by a state investigation into allegations of financial wrongdoings by the casino developer’s former top executive.
Investors in Terre Haute, Gary casinos sue gaming commission over emergency rule
The complaint argues the Indiana Gaming Commission is not permitted to require investors to acquire a Level 1 occupational gambling license, which requires the collection of extensive financial and personal information that would not necessarily be kept confidential.
Legislators back expanded gambling at tribe’s Indiana casino
The 20-year agreement prevents state officials from allowing new casino competition across most of northern and northwestern Indiana, including no future moves by the existing casinos in Hammond, East Chicago, Gary and Michigan City.
Indiana Gaming Commission fines Spectacle $530K for slow removal of CEO
The 53-day lag between when the commission ordered Spectacle to remove Rod Ratcliff from his role as an owner to when the company complied was unacceptable, according to Gaming Commission Executive Director Sara Gonso Tait.
Problem-gambling foes warn of sports-betting college deals
The National Council on Problem Gambling on Tuesday issued a set of recommendations for such deals that aim to reduce the danger of students developing a gambling problem.
WISH-TV to launch show dedicated to sports betting
“All Indiana Bets” will begin airing on WISH-TV in August, DuJuan McCoy, owner and CEO of WISH parent Circle City Broadcasting, announced Monday.
Casino exec Ratcliff permanently banned from Indiana gambling industry
Rod Ratcliff, the former chief executive for Centaur Gaming and Spectacle Entertainment, reached a settlement agreement with the Indiana Gaming Commission that requires him to sell his remaining casino ownership shares.
Gaming Commission files petition to permanently revoke Ratcliff’s gaming license
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.
Indiana Gaming Commission asks court to dismiss Ratcliff lawsuit
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.
Deal would allow expanded gambling at tribe’s Indiana casino
The agreement finalized this past week would allow the addition of live table games such as blackjack and roulette, slot machines and sports betting.
Ratcliff sues Indiana Gaming Commission for suspending his license
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 to sell southern Indiana casino to Cherokee tribe
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.
Gambling regulators suspend casino exec Ratcliff’s license as part of larger investigation
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 nears launch of online sports betting, other games
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.
State investigation of casino execs has expanded to more than 10 people
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.
U.S. casinos recovering from virus setbacks, but challenges remain
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.
NCAA voices concern on student-athlete performance bets
An NCAA official suggested that gambling regulators consider restrictions on so-called proposition bets to protect the integrity of the games.
Sports betting keeps hitting record highs in Indiana
Sports betting analysts say interest in football, particularly the Indianapolis Colts, Indiana University and Notre Dame, is fueling wagers.
FBI serves arrest, search warrant at home of former Sen. Brent Waltz
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.