Keyword: riverboat casinos

  • Indiana Racetrack Slots Bill Headed to Governor

    Indiana lawmakers advanced a bill to the desk of Gov. Mitch Daniels late April 29 that would permit slot machines at Hoosier Park and Indiana Downs, but each track must pay $250 million up front for a slots license.

  • Fairmount Park Tax-Break Bill Sent to Governor

    Legislation that would grant Fairmount Park a tax break worth almost $1.4 million a year has passed both houses of the Illinois legislature and awaits the signature of Gov. Rod Blagojevich. If approved, the track could increase purses and racing dates, according to reports.

  • Illinois Governor Floats Idea of Gaming Expansion

    Illinois Gov. Rod Blagojevich, after long opposition, has opened the door to the expansion of gaming. But his education-funding proposal doesn't specifically include the new casinos and support for racetracks that would make it politically viable in the state House and Senate.

  • Prairie Changes Board to Combat Riverboat Casino

    Prairie Meadows' board of directors has unanimously passed a resolution that would change the makeup of its board in exchange for business support to oppose a Des Moines riverboat casino.

  • Indiana Racetracks to Split Casino Subsidy Equally

    The Indiana Horse Racing Commission sided with Indiana Downs Sept. 26 when it voted 4-1 to split riverboat casino admission tax revenue 50/50 with Churchill Downs Inc.-owned Hoosier Park. The move guarantees $5.4 million a year to Indiana Downs indefinitely.

  • Louisiana Racino Appears to Impact Riverboat Casinos

    Slot machines at Louisiana Downs in Bossier City, La., appear to have impacted five riverboat casinos in the Shreveport/Bossier City market, according to July revenue reports filed with the Louisiana Gaming Control Board.

  • Interesting Twist: Racetrack Slots Hurt Boat's Business

    The Isle of Capri in Lake Charles, La., wants to move one of its two riverboat casinos closer to the Texas state line because a lucrative slot-machine parlor at nearby Delta Downs is having a negative effect on its business.

  • Two Indiana Tracks Must Compete for Subsidy

    The Indiana Horse Racing Commission, in close vote, has ruled that two racetracks will compete for a riverboat admissions tax subsidy rather than split the revenue 50-50.

  • Indiana Gaming Expansion Lingers at Special Session

    Dockside gaming and pull-tab legislation were not passed into law during the Indiana General Assembly's regular session earlier this year, but both measures have made their way into a new budget bill during the special session now under way.

  • Indiana House OKs Expanded-Gaming Legislation

    The Indiana House passed legislation Feb. 26 that allows for dockside gaming at riverboat casinos, and pull-tab machines in the state. Lawmakers approved the Senate bill by a 55-43 margin.

  • Expanded Gaming Vote Nears in Indiana

    The future of video gaming at racetracks and dockside gaming at riverboat casinos in Indiana could be decided as early as Monday.

  • Indiana Gambling Bill Progresses in Legislature

    Dockside gambling on Indiana riverboat casinos and electronic pull-tabs at Hoosier Park and the proposed Indianapolis Downs are one step closer to reality after a close vote in the Indiana Senate Jan. 31.

  • Indiana Racing Could Pay Price in Budget

    Indiana Gov. Frank O'Bannon gave his state of the state address Tuesday evening before members of the General Assembly, and the pari-mutuel industry wasn't left out of the equation.

  • Indiana Budget Woes May Impact Racing

    Faced with a slumping local economy and notification from state officials that Indiana's growing budget deficit could leave it without money by mid-2003, Gov. Frank O'Bannon on Thursday night outlined a plan to keep the state from going broke.

  • Hoosier Park Could Get Electronic Gaming Devices

    A comprehensive overhaul of Indiana's gaming laws, including a provision to allow electronic pull-tab machines at Churchill Downs-owned Hoosier Park, was approved Wednesday by a House committee. The proposed legislation passed on an 11-3 vote by the House Public Policy Committee is designed to alter state laws allowing dockside gambling for the state's riverboat industry.