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.
Gambling
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Fans to be allowed to attend the Kentucky Derby, with restrictions
Churchill Downs will institute a number of operating procedures for the Kentucky Derby, which has been moved to Sept. 5 because of the pandemic.
Most Indiana casinos ready to reopen next week under virus plans
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.
Hoosier Lottery revenue trails projections on lackluster jackpot draw sales
According to a financial report presented to the Hoosier Lottery Commission on Tuesday morning, lottery sales are expected to hit $1.3 billion in fiscal year 2020, which is 1.1% less than budgeted and nearly 3% lower than in fiscal year 2019.
Gaming Commission set to vote on Terre Haute casino license
After delays, the Indiana Gaming Commission is poised to consider awarding a casino license to a subsidiary of Spectacle Entertainment, now that two former executives of Centaur Gaming have divested their interests in the project.
Hoosiers still betting on sports, but revenue takes a dive
According to the revenue report released Monday morning by the Indiana Gaming Commission, Hoosiers wagered $26.3 million on sports in April.
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.
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.
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.