Republican officials in the Indiana House are not very positive about the chances of a major overhaul in the rules governing Indiana’s casinos.
The state Senate is considering a bill that would allow Indiana's 10 riverboat casinos to move inland to adjacent property and permit live table games at the two horse track casinos.
A version approved by the Senate Appropriations Committee on Thursday would also cut millions of dollars in casino taxes — and would reduce by some $40 million a year the amount counties with riverboat casinos would receive in tax revenue.
If the bill clears the Senate, it faces another possible makeover in the House and leaders there aren’t so sure of its chances.
The proposed changes are due to increased competition from gambling venues in surrounding states.
Several cities that have casinos have become very dependent on gambling income in order to maintain services and that income has been dropping.