Indiana Riverboat Casinos May Be Moving To Land

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October 31, 2014

An Indiana legislative committee is recommending the approval of riverboat casinos moving to land based location. As well as allowing for live dealer game tables at race tracks.

On Thursday, the public policy study committee unanimously approved proposals for the land based casinos and the addition of dealer tables at race tracks. The committee also approved casino owners to receive tax initiatives for renovations to their current buildings. The admission tax of $3 a person to the river boat casinos may also be changed.

In the past, casino owners have tried to campaign for a revision on the current casino laws. This was due to the increase of out of state competition. However, Governor Mike Pence has fought the changes over concerns of what expanded gaming would bring.

Rep. Tom Dermody is the chairman for the study committee. He believes that allowing riverboat casinos to operate on land while only offering their current number of game tables and slot machines would not be an expansion on gaming.

Indiana casinos reported a 13 percent decline in taxable revenue from last fiscal year.

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