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Wagering Taxes

Indiana lawmakers to study effects of casino competition

INDIANAPOLIS | State lawmakers this summer will study the ongoing and potential impacts of increased competition for Indiana's gaming industry, including the effects of a potential Chicago casino on riverboats in Hammond, East Chicago, Gary and Michigan City.

May 14, 2014 5:30 pm
New jobs fail to boost state income tax revenue

New jobs fail to boost state income tax revenue

INDIANAPOLIS | The improving Indiana job market isn't showing up in state income tax receipts, which last month came in nearly 15 percent below April 2013, despite a 2.8 percent drop in the state's unemployment rate over the past year.

May 09, 2014 2:36 pm Related
State revenue recovers in March; still behind for year

State revenue recovers in March; still behind for year

INDIANAPOLIS | While March tax collections beat the state's revenue forecast, Indiana likely still will fall short of its annual revenue target when the 2014 budget year ends in June.

April 04, 2014 9:12 pm Related
General Assembly wraps session distinguished by cooperative tone

General Assembly wraps session distinguished by cooperative tone

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.

April 27, 2013 4:30 pm Related

Speedway loan plan requires second lap to pass

INDIANAPOLIS | It took two tries, but the Indiana House approved legislation Monday providing $200 million in loans to the Indianapolis Motor Speedway and other Hoosier motorsports companies.

April 15, 2013 6:00 pm Related

House panel drops changes to gaming tax distributions

INDIANAPOLIS | Northwest Indiana counties and communities at risk of losing a significant chunk of their gaming tax revenue can breathe a sigh of relief -- for now.

March 20, 2013 12:50 pm

Senate rolls the dice on casino tax cut

INDIANAPOLIS | The Senate on Monday bet millions of dollars belonging to Northwest Indiana counties and cities on the chance that reducing casino tax payments will lead to new casino property developments and improve competition with out-of-state gambling halls.

February 25, 2013 7:45 pm Related

Related

Senate votes to take gaming revenue from counties without casinos

INDIANAPOLIS | Counties without casinos would also lose some of their gaming tax revenue following a change made Thursday to legislation intended to help Indiana casinos make improvements to better compete with new casinos in neighboring states.

February 21, 2013 1:29 pm
Senate leader sees tough road ahead for gaming changes

Senate leader sees tough road ahead for gaming changes

INDIANAPOLIS | The leader of the Indiana Senate threw cold water Thursday on the idea that the unanimous committee vote for a proposal changing taxes and other rules affecting the state's casino industry guarantees the full Senate will approve the legislation.

January 24, 2013 4:30 pm Photos

Photos

Senate panel OKs tax cut to help casinos fight out-of-state competition

INDIANAPOLIS | A Senate committee signaled Wednesday that it's ready to help Indiana's gaming industry fight encroaching competition from new casinos in Illinois, Michigan and Ohio. 

January 23, 2013 5:06 pm Related

Related

Competition cause of predicted drop in Indiana casino tax revenue

INDIANAPOLIS | The latest state revenue forecast projects Indiana tax receipts from riverboat casino bets will decline over the next two years by $41.4 million, a 9 percent drop, due to competition from new casinos in Ohio.

December 26, 2012 12:00 am

Route to Gary land-based casino may pass through southern Indiana

INDIANAPOLIS | The 266 miles separating Gary and Elizabeth, Ind., located across the Ohio River from Louisville, Ky., are about as far as you can travel without leaving the state, and few Hoosiers ever make the trip.

December 10, 2012 12:00 am

GOP state Senate leader ready to fight for casino revenue

INDIANAPOLIS | The leader of the Indiana Senate is considering how to help Hoosier casinos fight back against competition from other states, especially Illinois.

November 22, 2012 12:00 am

Oct. state revenue beats expectations

INDIANAPOLIS | Indiana beat its monthly revenue target in October, marking the third time in the first four months of the budget year state revenue has exceeded expectations.

November 05, 2012 3:49 pm

State budget chief optimistic despite revenue dip

INDIANAPOLIS | State tax revenue dipped below expectations in August, but Indiana's top budget official remained optimistic Wednesday about the overall condition of the state's checkbook.

September 05, 2012 1:00 pm
Quinn vetoes casinos for Chicago, south suburbs

Quinn vetoes casinos for Chicago, south suburbs

Illinois Gov. Pat Quinn on Tuesday vetoed legislation permitting new casinos in Chicago and the south suburbs that would have directly competed with Northwest Indiana's five lakefront casinos.

August 28, 2012 11:35 am

Indiana starts budget year strong

INDIANAPOLIS | Indiana's 2013 budget year got off to a fast start last month, with state revenue beating expectations by 4.1 percent and coming in 10 percent higher than last July.

August 03, 2012 10:41 am

Hoosier taxpayers to share $360.6M in refunds

INDIANAPOLIS | What will you do with an extra hundred bucks?

July 12, 2012 7:30 pm

State revenue forecast proving accurate

INDIANAPOLIS | State revenue is on pace to meet or exceed estimates when the 2012 budget year ends June 30.

June 04, 2012 12:00 pm

Indiana misses revenue target for second month in a row

INDIANAPOLIS | Indiana missed its revenue goal in February for the second month in a row, taking in $28.6 million less than projected.

March 05, 2012 8:00 pm
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