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February 25, 2010
The Indiana House has voted 57-42 against allowing existing riverboat casinos to move to land-based operations. The issue was introduced to compete with growing casino initiatives in Ohio, Michigan, Kentucky and Illinois. It was backed by Gary officials as a way to improve their local economy with an inland casino within city limits. A study last summer found the state could lose more than $100 million in gambling tax revenue to the new Ohio casinos if the state does not take action to compete. Rep. Matt Bell (R-Avilla) said "It can be an important part of making our properties competitive, so they can attract individual investment into the state.” Rep. Mike Murphy (R-Indianapolis) disagreed. "They don't want to be treated like a business. They want to be treated like a monopoly." Rep. Charlie Brown (D-Gary) argued "Everybody has a philosophical feeling about gaming, but we cannot throw the baby out with the bathwater.” Return to Indiana Casinos. |
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