January's sub-zero temperatures and snow storms iced the gaming market in Northwest Indiana, with revenues overall at the five gaming boats dropping 17 percent to open the year, according to the January revenue report from the Indiana Gaming Commission.
INDIANAPOLIS | The effects of Indiana's brutal winter, which repeatedly has trapped Hoosiers at home due to extreme cold or snow and kept them from going to work or shopping, are beginning to show up in the state's revenue results.
Gaming companies are taking a close look at the loyalty promoted by their brick-and-mortar casinos, while seeing how the advent of online gaming can also benefit those operations.
Northwest Indiana casino revenues fell for the third year in a row in 2013, dropping 5.2 percent as increasingly robust cross-border competition continues to hack away at Indiana's mature gaming industry.
INDIANAPOLIS | New competition from neighboring states has taken a significant slice of Indiana's gaming revenue, but state taxes on casino wagers and admissions remain an important component of Indiana's overall financial picture -- as they have since 1996.
The Northwestern Indiana Regional Planning Commission has approved a $3.23 million budget for 2014, which cuts the agency's overall spending by 4.2 percent.
Total Northwest Indiana casino revenues improved for only the second time this year in November, driven wholly by a markedly improved month at Horseshoe Casino in Hammond.
Northwest Indiana casinos' total revenue dropped 1.9 percent in October as compared to October 2012, with the five gaming boats taking in a total of $85.1 million, according to the Indiana Gaming Commission's monthly revenue report.
INDIANAPOLIS | Repeatedly blocked proposals to legalize Sunday alcohol sales and expand gaming may have a chance to become law next year following the resignation of state Rep. Bill Davis, R-Portland.
The gaming market has largely stabilized in Northwest Indiana, with the immediate impact of Illinois moves like slots in bars and the Rivers Casino opening there now fading.
The CEO of Majestic Star casinos made it clear Monday he wants to do his part to help Gary prosper and that a land-based casino remains part of that plan.
Northwest Indiana casino revenues dropped 7.3 percent in September as compared to the year-ago-month, with the five boats raking in a total of $82.6 million, according to the Indiana Gaming Commission.
Combined revenues at Northwest Indiana's five casinos dropped 3.1 percent in August compared to a year ago, marking the seventh month this year overall revenues have declined.
Northwest Indiana casino revenues dropped 5.1 percent in July as compared to a year ago, marking the sixth month this year the total take has declined, according to the Indiana Gaming Commission's July revenue report.
Northwest Indiana casino revenues dropped 2 percent in May, as a new Indiana law took effect allowing casinos to take a tax deduction for free play offered to customers.
INDIANAPOLIS | Gov. Mike Pence has agreed to loan the Indianapolis Motor Speedway $100 million in state funds to pay for renovations, video boards and other improvements to the home of the Indianapolis 500 auto race.
Northwest Indiana casino revenues decreased 2.9 percent in total in April as compared to the year-ago-month, driven mainly by a large drop of 11.1 percent at the two Majestic Star boats in Gary.
INDIANAPOLIS | School corporations can each seek up to $50,000 in matching state funds to hire local police as school resource officers under a new law signed Tuesday by Republican Gov. Mike Pence.
INDIANAPOLIS | The ink is barely dry on Indiana's two-year state budget legislation, but the potential for new Illinois casinos is threatening to throw the Hoosier spending and tax cut plan out of balance.
INDIANAPOLIS | Hands were shaken, hugs were shared and state lawmakers, who spent the past four months passionately opposing each other in great and small policy debates, were all smiles Saturday morning after House Speaker Brian Bosma gaveled out the 2013 Indiana General Assembly.
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