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.
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.
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.
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.
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.
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.
The move—debated Monday in the Indiana House Ways and Means Committee—is meant to subsidize upgrades at the Indianapolis Motor Speedway and make low-interest loans available to other auto tracks and businesses across the state.
The differences between the electronic and standard table games are being portrayed to state lawmakers as one of life and death, with proponents of a bill that would allow racetrack table games saying they would add jobs while not substantially changing what the racetracks already offer.
The Indiana House Ways and Means Committee postponed amendments and a vote on a gambling measures Wednesday after supporters of the state’s horse-track casinos renewed their fight to get live dealers at their table games.
An Indiana House committee has rewritten a gambling bill to keep table games out of Indiana's racetracks and restore money for counties that host casinos.
A major overhaul of Indiana casino regulations and taxes has cleared the state Senate amid arguments from its supporters that the casinos need help against growing competition from surrounding states.
A federal judge has released two Indiana horsemen from the ongoing defamation and conspiracy case brought by Ed Martin Jr., a former car dealer and thoroughbred breeder.
The Indiana Gaming Commission might allow the use of casino issued iPads for gambling on casino premises.
The Senate Public Policy Committee voted 9-0 in support of a bill that would overhaul the state's casino taxes, along with allowing Indiana's 10 riverboat casinos to move inland to adjacent property and permit live table games at the two horse track casinos.
Lawmakers have introduced legislation to help Indiana's riverboat casinos hold onto business in the face of growing competition from casinos in neighboring states.
A wide-ranging gambling bill designed to protect Indiana casinos from border-state competition would allow live table games at two central Indiana racinos.
The Indiana Gaming Commission on Thursday afternoon approved Centaur Holdings LLC's plan to buy Indiana Grand Casino and Indiana Downs in Shelbyville.
Centaur Holdings LLC plans to concentrate all thoroughbred racing at Indiana Downs in Shelbyville and all standardbred harness racing at Hoosier Park in Anderson once it clears regulatory hurdles to take control of the Shelbyville track.
The Indiana Horse Racing Commission gave permission to extend the program from Hoosier Park's Winner's Circle Pub, Grille and OTB in Indianapolis, which launched the service in mid-June.
Central Indiana’s two racetrack-casinos may consolidate under a single owner after Indianapolis-based Centaur Holdings LLC submitted a winning bid of at least $500 million for Indiana Grand Casino in Shelbyville.
Illinois Gov. Pat Quinn on Tuesday rejected a bill to expand gambling in the state, including a new land-based casino in Chicago, saying the proposal lacked sufficient regulatory oversight. The plan proposed four new riverboat casinos and allowing slot machines at racetracks.