11/29/2023 0 Comments Indiana casinos sports betting![]() The company has proposed a $300 million project building a new casino and 200-room hotel for Gary. The law requires Spectacle Entertainment, which is buying the two Majestic Star Casino boats in Gary, to spend at least $150 million on a new Gary casino and pay a $20 million state fee for the move. It also allows the owner of the two Gary casino boats on Lake Michigan to move to a new casino along heavily traveled Interstate 80-94 in the city and sets up the process for opening a casino in the western Indiana city of Terre Haute. 1, 2020 - 18 months earlier than allowed under current law. A legislative analysis estimates the proposal will bring in about $12 million a year - less than one-tenth of 1% of expected state tax collections.Īnother section of the bill allows the two horse track casinos near Indianapolis to have table games such as blackjack with live dealers starting Jan. ![]() The proposal sets a 9.5% tax on sports wagering, but no windfall is expected for the state. ![]() Indiana’s law will allow wagering on collegiate sports, but not on high school or youth sporting events. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |