Could Indianapolis get a casino? Lawmakers signal very early signs of support.
The Indiana Legislature would have to approve moving any existing gaming licenses or creating new ones.
Casinos
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Former state legislator Eberhart sentenced to prison in casino fraud case
Sean Eberhart admitted using his position as a lawmaker “to enrich himself by soliciting and accepting gifts, payments, and other things of value” from Spectacle Entertainment in exchange for “favorable official action.”
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Terre Haute casino opening Friday; city ready to capitalize
Kentucky-based developer Churchill Downs Inc.’s Terre Haute Casino Resort will officially open to the public at 10:30 a.m. Friday after two years of development and a changing of ownership.
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Gaming commission funding throttled by lawmakers in late-night move
A feud between the General Assembly and the Indiana Gaming Commission escalated late Friday when lawmakers approved language blocking the commission from getting more money without their approval.
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U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear
Indiana saw gambling revenue slip last year, but the state remains among the top 10 gambling markets.
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Articles
Bill amendment seeks to block charities from operating like true casinos
The amendment begins by renaming popular “casino game nights” to “card, dice and roulette games events.”
Revised Indiana casino bill calls for study on best locations
Efforts to move the gaming license for one of Indiana’s underperforming casinos have stalled this year, but a newly filed bill seeks to carry momentum into future legislative sessions.
Indiana casino relocation nixed without a vote
A bill to move a casino license from Rising Sun to New Haven was pulled by the chairman of the Public Policy Committee.
Key lawmakers say Indiana casino’s proposed move is worth consideration
Full House Resorts says Rising Star Casino Resort, in the Indiana city of Rising Sun, is the worst-performing location in its portfolio and it wants to move it to another location 150 miles away.
Terre Haute casino set for spring opening, regulators say
The Terre Haute Casino Resort will feature a 400,000-square-foot casino building with 56,000 square feet of gaming space that includes 1,000 slots and 50 table games, as well as a 125-room hotel.
Former Indiana lawmaker pleads guilty to role in casino conspiracy
Under the plea agreement, Sean Eberhart will pay restitution of $60,000, although it’s unclear if he’ll serve time in prison.
Indiana sports wagers begin to dip as neighboring states join the market
Last year, Indiana sports betting peaked at $4.4 billion worth of bets, but Hoosier sports wagers slowed in the first half of 2023 when Ohio joined the fray. For instance, in June, sports betting in Indiana was 13% lower than the $256 million registered in June 2022.
Online casino gambling appears off the table for this legislative session
A proposal to legalize online casino gambling in Indiana has failed to gain traction for a third consecutive year despite earlier optimism about its prospects. A powerful confluence of factors led to its demise.
Legalizing online casinos lands backing of House committee chair
Rep. Ethan Manning, a Republican from Logansport, said he’ll introduce a bill to allow online casino games, taxing revenue at an 18% rate and sharing some of the proceeds with cities and counties where casinos are located.
Defying inflation worries, U.S. casinos have best quarter ever
Sixteen states reported quarterly highs in overall gambling revenue, including five of the six largest markets: Indiana, Michigan, Nevada, New York and Pennsylvania.
Raising the stakes: Momentum builds to allow online casino gambling in Indiana
There are six states–Connecticut, Delaware, Michigan, New Jersey, Pennsylvania and West Virginia–that offer the full spectrum of online gambling, from virtual slot machines to online card games. Nevada also allows online gambling but limits it to online poker.
Indiana’s casinos paid $700M in taxes in latest fiscal year
Indiana’s 12 casinos raked in $2.5 billion from July 2021 through June 2022, according to the Indiana Gaming Commission’s annual report.
UPDATE: Ex-Indiana lawmaker, casino exec sentenced in money scheme
Brent Waltz, 48, of Greenwood, pleaded guilty in April to helping route about $40,000 in illegal contributions to his campaign and making false statements to the FBI.
Terre Haute casino expected to boost local revenue, tourism
Once the Queen of Terre Haute Casino Resort opens, the city is expecting about $10 million in casino tax revenue every year for the next 10 years.
As inflation rises, Indiana casino revenue shrinks for second month
This spring’s decline in casino earnings largely tracks with the nation’s soaring inflation rate and the end of various federal COVID-19 relief and economic stimulus programs aimed at shoring up the post-pandemic economy.
U.S. casinos had best month ever in March, winning $5.3B
The casinos collectively also had their best first quarter ever, falling just short of the $14.35 billion they won from gamblers in the fourth quarter of last year, which was the highest three-month period in history.
Caesars starts work on $39M expansion of Anderson casino
The expansion will add 30,000 square feet to the gambling floor and 100 jobs at the venue, plus additional slot machines and table games.
Shelbyville casino gets new name after $34M in upgrades
Caesars Entertainment Inc. on Tuesday changed the name of the venue from Indiana Grand Racing & Casino to Horseshoe Indianapolis Racing & Casino.
New site proposed for Terre Haute casino
Kentucky-based Churchill Downs Inc. has filed to rezone nearly 50 acres near Interstate 70 and State Road 46 to build the Queen of Terre Haute Resort.