Sports betting keeps hitting record highs in Indiana
Sports betting analysts say interest in football, particularly the Indianapolis Colts, Indiana University and Notre Dame, is fueling wagers.
Gambling
Articles
FBI serves arrest, search warrant at home of former Sen. Brent Waltz
An FBI spokeswoman confirmed the warrants but did not say whether they were related to an earlier federal investigation into a scheme that allegedly funneled corporate contributions to political candidates.
Casino in Terre Haute will feature outdoor ‘smoking patio’ with slots
The Rocksino—a partnership between Hard Rock Casino and Terre Haute development firm Spectacle Jack LLC—will be the first in the state to have a smoke-free interior. Casinos are an exception to the state’s smoking ban.
Sports betting rebounds to pre-pandemic levels in Indiana
According to a revenue report released Friday by the Indiana Gaming Commission, the sports betting handle more than doubled from July to August to reach its highest mark since February, before the pandemic hit the state.
Hoosier Lottery sees slight dip in profit amid pandemic turmoil
More than 5% of the lottery’s roughly 4,300 retail ticket sellers were closed for extended periods after statewide business restrictions were put in place in March because of the COVID-19 outbreak, lottery officials said.
Trade group report: Gambling economy hit hard by coronavirus
The pandemic and efforts to fight it led to a nearly 79% drop in commercial gambling revenue for the second quarter of 2020, the industry’s trade association reported Thursday.
Eldorado Resorts has shaky record of horse-track management
To say Indiana’s horse racing industry had concerns about Eldorado Resorts Inc. taking over the state’s two horse-racing casinos would be putting it mildly.
Eldorado’s $17.3B merger with Caesars clears final hurdle
The deal, which affects five Indiana casinos, was approved by New Jersey regulators on Friday.
Eldorado’s $17.3B merger with Caesars nearing final approval
The Indiana Horse Racing Commission signed off on the deal this week, paving the way for what will be the world’s largest casino operation. The merger, which awaits approval from New Jersey regulators, affects five Indiana casinos.
Indiana Gaming Commission approves $17.3B Caesars-Eldorado deal
The Indiana Gaming Commission on Friday approved Eldorado Resorts Inc.’s acquisition of Caesars Entertainment Corp.’s four Indiana casino properties, with major conditions.
Owner of Hoosier Park, Indiana Grand on verge of $17.3B sale
Approval of the acquisition of Caesars Entertainment in coming days from regulators in Indiana and New Jersey would create the world’s largest casino operation.
Fans to be allowed to attend the Kentucky Derby, with restrictions
Churchill Downs will institute a number of operating procedures for the Kentucky Derby, which has been moved to Sept. 5 because of the pandemic.
Most Indiana casinos ready to reopen next week under virus plans
The Indiana Gaming Commission required casino safety plans to include how they would encourage six-foot distancing between gamblers and limit the number of people at table games, along with requiring face masks for employees.
Hoosier Lottery revenue trails projections on lackluster jackpot draw sales
According to a financial report presented to the Hoosier Lottery Commission on Tuesday morning, lottery sales are expected to hit $1.3 billion in fiscal year 2020, which is 1.1% less than budgeted and nearly 3% lower than in fiscal year 2019.
Gaming Commission set to vote on Terre Haute casino license
After delays, the Indiana Gaming Commission is poised to consider awarding a casino license to a subsidiary of Spectacle Entertainment, now that two former executives of Centaur Gaming have divested their interests in the project.
Hoosiers still betting on sports, but revenue takes a dive
According to the revenue report released Monday morning by the Indiana Gaming Commission, Hoosiers wagered $26.3 million on sports in April.
Effects of pandemic will slam state, local tax receipts
A former Senate budget writer said the hit to the state budget could be bigger than during the Great Recession, when state revenue dropped 15% over two years.
Probe casts uncertainty over Gary, Terre Haute casino plans
The casinos’ futures remain up in the air as the Indiana Gaming Commission looks into allegations that a former Indianapolis gambling company and one of its officers were involved in a federal campaign finance scheme.
Questions about ethics aren’t new for gambling-industry veteran Ratcliff
At nearly every turn, Rod Ratcliff or his companies or his associates have run into questions and concerns about the way they interact with the public officials who make the rules associated with the industry.
New pro football league targeting states with sports wagering
The XFL is baking sports betting into its operations as a crucial part of the recipe. Indiana is one of at least nine state where gambling regulators have approved wagering on XFL games.