Caesars unit says it filed Chapter 11 in bid to trim debt
A cash-strapped division of casino giant Caesars Entertainment Corp. that owns two Indiana casinos is hoping a court agrees to its plan to get out from under $18.4 billion of debt.
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Committee recommends land-based casinos, live dealers
Indiana riverboat gambling operations would be allowed to rebuild on land and horse track casinos could use live dealers for table games under a recommendation approved Thursday by a legislative study committee.
Fading casino revenue has Indiana city selling debt
After decades of declining population and shifting economic fortunes, the city of Hammond in northwest Indiana is betting that water from Lake Michigan will refresh its finances.
Panel likely to recommend casinos on land, more live dealers
A panel of lawmakers appears increasingly likely to recommend several changes to try to prop up a gambling industry rocked by competition from Ohio and other states. The group is expected to vote at an Oct. 30 meeting.
Gambling fight set to test governor’s power
Indiana Gov. Mike Pence has been firm on his opposition to expanded gambling since taking office, but that position could put him at odds with fellow Republican lawmakers willing to hear out the state’s struggling gaming industry.
Indiana casinos want wagering, admission taxes cut
A legislative committee is weighing requests from Indiana casino operators to reduce the state's wagering tax rates and eliminate the $3 admission tax for everyone who enters a riverboat, even if not gambling.
Legislators to reconsider aid for struggling casinos
Indiana legislators were lukewarm to assistance for casinos in 2013, but two years of declining revenue and new leadership on the issue could change their minds.
Pence keeps up opposition to land-based casinos
Indiana Gov. Mike Pence says he remains opposed to allowing more land-based casinos in Indiana despite a push from Evansville officials worried about declining revenue from the city's riverboat.
Southwest Ohio gamblers spending less in Indiana
An analysis found that gamblers for the first time are spending more at the Cincinnati casino and two racinos in the region than in neighboring southeast Indiana.
Shelbyville horse track, casino change names
The Indiana Grand Casino and Indiana Downs in Shelbyville announced that the once-separate gaming and racing facilities will now operate as one under the new Indiana Grand Racing & Casino name.
Anderson casino cuts 13 workers amid falling revenue
Hoosier Park reported a 3-percent drop in gambling revenue through the first 11 months of 2013, from $17.5 million to less than $17.1 million.
Committee pushes gambling discussion to summer
A Senate bill that would give the state’s riverboat casinos tax breaks and authorize table gambling in racinos was sent to a summer study committee Wednesday.
Indiana casino taxes falling faster than anticipated
Indiana's three casinos near Cincinnati have seen big declines since a downtown casino opened in the Ohio city last March.
Centaur gift to spur Purdue equine hospital
Purdue University plans to build a $10 million veterinary hospital for horses in Shelbyville, made possible in part by a $2.7 million grant from Indiana racino owner and operator Centaur Gaming.
Indiana lawmakers unlikely to consider casino aid
A key state legislator doesn't expect the General Assembly will be taking any action on changing Indiana's casino laws during its upcoming session.
Moody’s: Established gambling markets faltering
The credit rating agency issued a report describing a shift in casino tax revenue away from New Jersey, Indiana and Nevada to new markets in places like Pennsylvania, Illinois and Ohio.
New tax break reduces Indiana share of casino revenue
Total tax receipts from casinos fell nearly 18 percent last month compared with May of last year, according a report released Monday by the Indiana Gaming Commission.
Indiana casinos win few gains from Legislature
The Indiana Legislature didn’t boost the state's casinos nearly as much as supporters had wanted as they face greater competition from neighboring states.
Legislature taking tight-fisted stance with casinos
The casino bill approved by the House last week would grant less than a fifth of the tax breaks first proposed in the Senate. It also doesn't permit live table games at the racinos in Anderson and Shelbyville.
Boots says live dealers dispute won’t kill gambling bill
Lawmakers remain at odds over whether a bill meant to bolster the gambling industry in Indiana should authorize live dealers at the state’s horse track casinos.