Indiana Casinos Struggling

Pollstar Staff
2:15 am, Wednesday, 05/14/2014
News

Indiana casino revenues are drying up amid increasing competition from neighboring states.

Photo: AP Photo / Matt Rourke

The Indiana Gaming Commission estimates taxes from casinos have dropped from a peak of about $876 million in 2009 to roughly $752 million in 2013.

The issue appears to stem from the opening of a downtown Cincinnati casino in 2013, which has drawn business away from three of Indiana’s casinos.

Casino revenues have boosted the state’s budget since opening in the 1990s, and some cities are now calling for an examination of the issue as they struggle to pay for road improvements, capital projects and salaries.

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