Gambling to remain an issue in General Assembly
Issue likely to land in House, Senate conference committee.
Gambling
Articles
House minority leader opposes land-based casinos
House Minority Leader Brian Bosma says he’ll fight any efforts to pass legislation allowing the state’s riverboat casinos
to move inland.
Senate panel to consider gambling bill
An Indiana Senate committee plans to consider legislation that would allow riverboat casinos on Lake Michigan and the Ohio
River to relocate inland.
Senate panel to consider riverboat casino changes
A state senator said his committee will consider legislation that would allow riverboat casinos on Lake Michigan and the Ohio
River to move inland in hopes of staving off new competition from neighboring states.
Newly opened racinos already face credit crunch
Clear signs emerged in 2009 that the Hoosier gambling market is oversaturated.
Major credit rating agencies expressed concerns that several casinos, including the state’s new horse track “racinos”
on the outskirts of Indianapolis, might go bust before the year was finished.
Bills in General Assembly would ease costs for casinos
The Indiana General Assembly is taking its first steps toward restructuring Hoosier gambling law.
Indiana weighs changes to combat out-of-state casinos
State lawmakers are weighing possible changes to state gambling laws at a time when growing competition from out-of-state
casinos threatens to cut into business at Indiana’s 11 riverboat casinos.
Study panel outlines options to keep gambling competitive
The Gaming Study Committee’s report said allowing riverboat casinos to relocate inland could be helpful.
Indiana casino owner declares bankruptcy
Majestic Star Casino LLC owns two casinos and a hotel in Gary, a casino-hotel in Tunica County, Miss., and a casino in Black
Hawk, Colo.
Majestic Star casino company misses debt payments
The company that owns two casinos along Indiana’s Lake Michigan shore has been declared in default on nearly $80 million in
debt by its lenders.
Supreme Court to hear gambler’s suit
The Indiana Supreme Court will hear arguments this week on whether an Ohio River casino should have allowed a compulsive gambler
to play and lose $125,000 in a single night.
Voters in struggling Ohio back four urban casinos
Ohio voters hit hard by the economic downturn have approved casinos on the fifth try by gambling supporters in the past two
decades.
Ohio casino question could affect Indiana
Ohio voters are poised to weigh in on a ballot question that would authorize casinos in Cincinnati, Cleveland, Columbus and
Toledo.
Hoosier Park owner misses $13.4M loan payment
Indianapolis-based Centaur LLC, owner of Anderson’s Hoosier Park horse track and casino, missed a $13.4 million interest payment due Tuesday on its more than $400 million in outstanding debt, putting the company in default with its lenders.
EDITORIAL: State can’t rely on gambling revenue
State and, to some extent, local government
has come to rely on gambling revenue. And now that neighboring states are launching a competitive
assault on Indiana casinos, it’s time to get back to the original intent before the revenue shrivels and leaves necessary
government services high and dry.
Card counter sues for place at blackjack table
A gambler who counts cards is asking the Indiana Court of Appeals to force an Ohio River casino to allow him to play blackjack.
Cash-strapped Hoosier Park racing to restructure $400M in debt
Despite rampant speculation, Anderson’s Hoosier Park is not facing imminent bankruptcy, according to its owner, locally
based Centaur Inc.
Indiana has highest casino taxes in Midwest, report says
Indiana casinos on average pay the highest effective tax rate in the Midwest, according to a report by the Casino Association
of Indiana.
Slots revenue revives hopes of state’s horse breeding industry
Purses at Hoosier Park in Anderson and Indiana Downs in Shelbyville have swollen since the two tracks added slot machines
in June 2008.
Hoosier Park quarantines 59 horses over illness concerns
Fifty-nine horses have been quarantined because of a suspected contagious infection at central Indiana’s Hoosier Park race
track.