Articles

Casino interior

Law change eyed to help Indiana casinos compete

Indiana casinos could save an average of $1 million per riverboat each year under a proposal that would allow them to quit using captains and crews and maintain motors that have been obsolete since the state allowed the boats to remain docked.

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Indiana Live owners miss interest payment

The owners of Indiana Live racetrack and casino failed to make an interest payment due Nov. 1 on $375 million in debt, providing additional fodder for credit analysts already worried about its financial condition.

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Indiana’s two busiest casinos see opposite trends

Indiana's two busiest riverboats each saw big swings in their business last month, with the top Lake Michigan casino seeing
an 11 percent jump in revenue and the leading boat on the Ohio River recording an equal decline.

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Shelbyville, county plan economic development projects

Millions of dollars in tax revenue that flows from the Indiana Live casino to local government coffers will be set aside for
economic development. Shelbyville Mayor Scott Furgeson hopes to present new projects to the city council in the next month
or two.

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