Indiana Lawmaker Wants To Look At Possibly Strengthening State's Gambling IndustryState Facing Dwindling Gambling Revenues |
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Thanks to increased gambling competition in the United States, especially, in this case, the Midwest, the state of Indiana might be taking a look in 2013 at bolstering its betting industry.
According to Nwitimes.com, a lawmaker in the state said the following recently:
“[We need to] have difficult discussions about how we allow gaming to continue in Indiana and be as competitive as possible, because one thing I think for sure, just doing nothing we’re not going to stay at the same level we are now.”
Those words were from state Rep. Tom Dermody, a Republican from LaPorte. He is the new chairman of the House Public Policy Committee.
As Nwitimes.com pointed out, expanded and previously-existing gambling in Illinois, Michigan and Ohio have helped reduce Indiana’s gaming revenue to $752 million during the 2013 budget year (July 1, 2012 to June 30, 2013).
That figure amounted to a $77 million decline from 2012. It was also the lowest total since 2002 — and in 2002 Indiana had one fewer casino and neither of its two racinos had opened. In other words, gaming revenues that lawmakers have gotten used to are in serious jeopardy. Such money goes toward things like education and other social services.
Right now, the state of Indiana has 13 riverboats and land-based casinos with slots and table games and racetrack casinos with only slots.
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