Effects of pandemic will slam state, local tax receipts
A former Senate budget writer said the hit to the state budget could be bigger than during the Great Recession, when state revenue dropped 15% over two years.
Gambling
Articles
Questions about ethics aren’t new for gambling-industry veteran Ratcliff
At nearly every turn, Rod Ratcliff or his companies or his associates have run into questions and concerns about the way they interact with the public officials who make the rules associated with the industry.
New pro football league targeting states with sports wagering
The XFL is baking sports betting into its operations as a crucial part of the recipe. Indiana is one of at least nine state where gambling regulators have approved wagering on XFL games.
Holcomb says he supports gaming commission investigation into Centaur
Indiana Gov. Eric Holcomb on Monday said he backs the Indiana Gaming Commission’s probe into casino executives who have been implicated in a federal campaign finance scheme. The investigation has delayed action on a proposed new Indiana casino.
Indiana racinos ready to launch live-dealer table games
The Indiana Gaming Commission on Tuesday gave the final approval to Harrah’s Hoosier Park in Anderson and Indiana Grand Racing and Casino in Shelbyville to launch live-dealer table games.
Indiana sees huge jump in sports betting with boost from mobile wagering
The $91.7 million that Indiana sportsbooks accepted last month is almost triple the amount wagered in September when sports betting became legal.
Gambling firms see $7B-$8B sports betting market by 2025
Participants at the forum cautioned that while the industry is growing quickly, the high cost of acquiring customers and promoting a new business could lead to some current operators failing.
First month of Indiana sports gambling draws $35.2M in wagers
PlayUSA.com Network, a news and research organization that follows sports gambling and operates PlayNJ.com and PlayIndiana.com, called the first-month data “impressive.”
Mobile sports betting ready to launch in Indiana
Sports betting is ready to go legally online in Indiana on Thursday, a little more than a month after the state’s casinos started taking in-person game wagers.
Mobile sports betting will launch Oct. 3
The Indiana Gaming Commission has approved the mobile launch for the first operator, French Lick Casino, which is working with Chicago-based Rush Street Interactive to offer retail and online sports wagering.
Indiana casino revenues continue to tumble
Revenue from the state’s 10 casinos was 31.2% less than what had been expected in August, but racino revenue was on the rise.
Hoosier Lottery has another record-breaking year
Lottery sales reached $1.34 billion in the latest fiscal year, up from $1.27 billion in the previous year.
Gov. Holcomb kicks off Indiana sports betting with wagers on home teams
Indiana Grand Racing & Casino in Shelbyville, Ameristar Casino in East Chicago and Hollywood Casino in Lawrenceburg opened their sports books Sunday, the first day they were allowed by law.
Gary casinos allowed to move, opening door for gambling in Terre Haute
The Indiana Gaming Commission voted Wednesday to allow the operator of Gary’s two casinos to relocate the properties inland, setting up the possibility for a casino near Terre Haute.
UPDATE: Indiana just days away from legalized sports betting
Indiana will become the 12th state—and the first in the midst of major Midwest markets—with sports betting when a new state law takes effect Sunday.
Indiana casinos looking for jump on Midwest sports betting
Indiana casinos are racing ahead with preparations to launch legalized sports betting in early September, looking to seize an advantage over competitors in Chicago and other nearby large markets where such wagers aren’t yet allowed.
Caesars set to update all Indiana facilities for sports betting
At the Winner’s Circle in downtown Indianapolis, Caesars will add extra bar seating and televisions. It also is adding an activity area with cornhole boards and shuffleboard to create more of a sports-bar-like atmosphere.
Holcomb keeping eye on Illinois’ new casino, marijuana laws
Indiana casinos will compete effectively against a slew of new casino sites in Illinois, Gov. Eric Holcomb said Monday.
Eldorado’s proposed $17.3B acquisition could make it state’s biggest casino owner
Eldorado Resorts Inc. announced Monday that it plans to buy Las Vegas-based Caesars Entertainment Corp., creating the largest gambling operator in the United States—and in Indiana.
Regional divide opens up in sports betting legislation
By year's end, legalization is possible in a dozen states in the Northeast and Midwest. But most states in the Deep South and far West are staying on the sidelines, at least for now.