The Hoosier Lottery is running about 17 percent behind projections for surplus revenue in July and August under manager Gtech Indiana, a subsidiary of a firm that also has missed its forecasts for the Illinois lottery.
An official in Indianapolis Mayor Greg Ballard's administration has been named the new executive director of the Hoosier Lottery.
A confidential settlement has ended a lawsuit brought by seven hairstylists against a former co-worker over a $9.5 million Hoosier Lotto jackpot.
The state lottery expects to pull in $945 million for the fiscal year ending June 30. Meanwhile, lottery operator GTECH Indiana plans to start televising Powerball and Mega Millions drawings this summer.
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.
A bill to help pay for $100 million in improvements at the Indianapolis Motor Speedway passed the House on Monday—but only on its second try, as some lawmakers expressed frustration about tapping horse racing money for the projects.
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 private operator of the Hoosier Lottery is expanding the hours that convenience stores and other outlets can sell lottery tickets, a change that allows those sales to continue late into the night.
Gambling revenue for 2012 was down more than $110 million from 2010, and year-over-year revenue has tumbled in three consecutive years.
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.
The private operator of the Hoosier Lottery faces a $20 million penalty in Illinois because it fell nearly $66 million short of the profits it promised that state.
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.
