Bridge opening boosts Horseshoe revenue
The southern Indiana casino, which posted double-digit drops in admissions and gross revenue during the shutdown of a bridge across the Ohio River, increased its revenue by 4 percent last month.
The southern Indiana casino, which posted double-digit drops in admissions and gross revenue during the shutdown of a bridge across the Ohio River, increased its revenue by 4 percent last month.
Indiana Live is receiving overtures from potential buyers, including the owner of local competitor Hoosier Park & Casino, its parent company said in a recent bankruptcy court filing.
A proposal to allow charities to pay people to run bingo, poker and other gambling games is too touchy of an issue to tackle this session, Indiana Senate Public Policy Chairman Ron Alting said Friday morning. Instead, he’ll request a summer study committee.
Indiana casinos saw their take from gambling fall in 2011, and new competition in Ohio and perhaps other neighboring states virtually guarantees things will get worse from here.
A long-awaited proposal to open Kentucky to casino gambling so it can compete with neighboring states could be introduced in the state's Senate within days.
Former Indianapolis Colts quarterback Art Schlichter violated his bond conditions in a fraud case by twice testing positive for cocaine and by refusing several times to provide urine samples, according to a federal probation officer.
Lawmakers are preparing to file a bill that would make it easier for charities to obtain gambling licenses.
State Sen. Ron Alting, chairman of the Public Policy Committee, wants to let charities pay people to run their bingo, poker and other games, a practice that has led to disciplinary action for some organizations.
Hoosier Lottery officials have started getting rid of some office and gym equipment that was purchased for the agency's $2 million move to a new downtown Indianapolis headquarters.
Bankrupt racetrack and casino asks for help recovering money from Indiana Department of Revenue.
Edward Rau III of Munster is accused of defrauding the Ameristar Casino by ordering dealers to give chips to a Chicago man who would cash them in and split the money with Rau.
The study of the horse industry's 2010 impact found racing generates the most revenue, while people who enjoy riding and other horse-related activities for recreation comprise the industry's largest segment.
The Indiana Inspector General recommends in a report that the annual subsidy paid to the state’s horse racing community be reduced by more than half, to $28 million.
Indiana's ethics board is signing off on the interim state lottery director's plans to work with a state contractor once a new lottery chief is found.
The closure of Interstate 64's Sherman Minton Bridge linking New Albany and Louisville has reduced profit-sharing revenues paid by a southern Indiana riverboat casino to two counties and will delay officials from repaying $8 million to a foundation.
A federal bankruptcy court has sided with two Indiana racinos in a dispute over their tax burdens, a ruling that could reduce the total amount they pay into state coffers by as much as $30 million per year.
Leaders of a southeastern Indiana casino are banking on a new $49 million convention center and hotel complex to help it compete with a casino being built in nearby Cincinnati.
Megan Ornellas will serve as interim director of the Hoosier Lottery until a replacement can be found for Kathryn Densborn, who resigned following a flap over her lavish spending on a new headquarters.
Nearly 4,200 people have asked the Indiana Gaming Commission to bar them from entering casinos across Indiana.
Ed Martin Jr., the former car dealer who helped create Indiana’s horse-racing industry, these days isn’t even welcome at the state’s tracks. The Indiana Horse Racing Commission banned Martin after he refused to obtain a license, but he filed a lawsuit in Marion Superior Court last month seeking to overturn the decision.