Lawmakers in Indiana are addressing issues with out of state gaming competition.
They are proposing a plan that would allow for casinos to be built on land and
lower the taxes for floating riverboat casinos.
Currently, it is estimated that collected gaming tax revenue will be lowered 15%
due to competition from neighboring states. The new casinos in Illinois, Ohio,
and Michigan contribute to this competition.
Crawfordsville's Sen. Phil Boots is in support of changes to gaming legislation.
He believes that steps need to be taken in order to keep riverboat casinos
competitive. However he also believes that other lawmakers are not as accepting
of gaming expansion.
A gaming bill will be discussed this week that will change the way that casinos
are taxed. However the details have not been released on how much of a tax
decrease there will be.
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