Indiana Casino Bill Sent To Governor's DeskLegislation Would Allow Riverboats To Move Onto Land |
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The Indiana legislature has passed a bill that would allow the state’s 11 riverboat casinos to move onto land adjacent to where they are docked.
The bill is now in the hands of the governor, who actually has not indicated whether or not he will sign the legislation into law, according to nwitimes.com.
The commercial riverboat casinos would be allowed to move onto land as long as they currently lease it or own it. It is expected that some of the riverboat casinos would spend on projects to expand their offerings if permitted to move onto land.
There are state tax incentives for casino development.
A provision in the bill that would have allowed Indiana’s horse track casinos to have live dealers for table games was removed from the proposal, thanks to the governor saying he didn’t support that idea. Lawmakers are eager to keep Indiana competitive.
Indiana is trying to keep pace with gaming expansion in neighboring Ohio and Illinois.
Indiana’s casino industry is worth around $2.5 billion annually.
In addition to Indiana’s commercial gambling facilities, a tribe is eyeing a casino in South Bend. The Pokagon Band of Potawatomi Indians are seeking the necessary government approval.
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