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More Permissions Could Be Coming For Riverboats And Racinos

By Brandon Smith

Posted November 17, 2014

State lawmakers who spent the summer exploring issues with Indiana's gaming industry say recommendations from a study committee could be the final push needed to enact major gaming changes next session.

Gaming dollars, the fourth largest source of Indiana tax revenue, have been on the decline for years and are expected to drop further as the state's riverboats and racinos face stiff and growing competition from every neighboring state.

The legislature has balked at allowing two key changes to the industry in the past: permitting riverboats to move on land and installing table games with live dealers at racinos.

But that's exactly what a legislative study committee is recommending.

Committee member Carlin Yoder says the panel's backing should break the logjam in the General Assembly.

"Because if it doesn't we need to rethink our whole summer study committees," Yoder said. "If they don't have any impact, it's a big waste of money then.  So I would hope so and I would think so because we did a pretty thorough study of it."

House Public Policy Committee Chair Tom Dermody, who led the study committee, says passing both items – land based casinos and live dealers – will be vital to ensuring one segment of the state's gaming industry isn't strengthened more than another.

"I think there has to be a package so it's more than just a band-aid but an overall more competitive situation for the facilities than it has been in the past," Dermody said.

Dermody says that package could also include the repeal of the riverboat admissions tax.

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