gaming

Politics & Government
4:40 pm
Thu February 19, 2015

Gaming Amendments Lower Casino Taxes, Change Local Agreements

Possible changes to gaming legislation in the General Assembly could mean financial losses for communities hosting Indiana casinos.
Credit Courtesy / Wikimedia Commons

Local communities with casinos could face significant financial losses under changes made Thursday in the House Ways and Means Committee to gaming industry legislation.

Communities where casinos are located currently get four pots of money because of those facilities: dollars from the admittance tax and the wagering tax, money from the state to supplement previous losses in the admittance tax, and money from what are called local development agreements, or LDAs -- essentially, side contracts with the casinos themselves. 

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Politics & Government
5:08 pm
Thu February 12, 2015

Gaming Bill Could Pull Hoosier Casinos Onto Dry Land

New legislation in the Indiana House would allow live dealers at Hoosier racinos and allow riverboat casinos to move onto land.
Credit Courtesy / Wikimedia Commons

A bill designed to help Indiana casinos struggling from declining revenues is moving forward despite the objections of some in the gaming community.  A House committee approved the measure Thursday, the first step towards passage.

Indiana’s gaming revenues have been in steady decline for some time, worsened in recent years by increased competition in neighboring states. 

Proposed legislation would allow racetrack casinos to add a limited number of table games with live dealers, while the state’s riverboats would be permitted to move inland on their existing footprint. 

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Politics & Government
4:46 pm
Wed October 8, 2014

Casino Owners Call for Move to Land-Based Gaming

Casino executives asked lawmakers at a study committee hearing Wednesday to allow at least some land-based gaming in Indiana. Currently, Indiana only allows casinos to operate on riverboats.
Credit Courtesy / Pinnacle Entertainment

The future of land-based casinos in Indiana could come down to the definition of “footprint,” according to the debate at a legislative study committee meeting Wednesday.

Some of Indiana’s riverboats say permitting land-based casinos allows them to build better facilities and strengthens their ability to compete with the growing number of casinos in other states. 

Pete Liguori is the CEO of Majestic Star Casinos in northwest Indiana.  He says allowing riverboats to move on land has positive benefits for the community.

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Politics & Government
7:28 am
Mon December 9, 2013

Dermody Could Have Big Impact On Hoosier Gaming

A new chairman in the Indiana House Public Policy committee is giving gaming industry officials hope for more success in the legislature.

Indiana’s gaming industry has been hit hard in the last few years, both by the recession and increased competition from neighboring states. 

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