{"id":47784,"date":"2017-04-04T16:15:44","date_gmt":"2017-04-04T23:15:44","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=47784"},"modified":"2017-04-04T15:46:20","modified_gmt":"2017-04-04T22:46:20","slug":"indiana-casinos-fight-to-stay-above-water-look-to-state-for-help","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/indiana-casinos-fight-to-stay-above-water-look-to-state-for-help\/","title":{"rendered":"Indiana Casinos Fight to Stay Above Water, Look to State for Help"},"content":{"rendered":"<p>With declining revenues and fewer people gambling over the past 10 years, Indiana&#8217;s 13 casinos are facing hard times. Now they are jointly lobbying the state legislature to bail them out.<\/p>\n<p>But some state lawmakers aren\u2019t so willing to open up the checkbook and are looking at ways to make the facilities more self-sufficient.<\/p>\n<figure id=\"attachment_47787\" aria-describedby=\"caption-attachment-47787\" data-style=\"width: 960px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-47787 size-full\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/04\/indianacasinos.jpg\" alt=\"Indiana casinos\" width=\"960\" height=\"611\" \/><figcaption  id=\"caption-attachment-47787\"class=\"text-description\">Indiana casinos are facing a serious decline in revenue as the number of gamblers has dropped dramatically in the last 10 years. They are asking the state legislature for help. (Image: Hollywood Casino\/Indiana)<\/figcaption><\/figure>\n<p>Current House Bill AB 1350 is making its way through the governing body and is attempting to satisfy both the businesses and the Hoosier State\u2019s need for tax dollars. Senate Appropriations Chairman Luke Kenley, (R-Noblesville) told\u00a0<em>The Republic<\/em> that the two must find a way to coexist.<\/p>\n<blockquote class=\"main-blockquote\"><p>\u201cWe\u2019re in essence partners with this industry whether we like it or not,\u201d Kenley said. \u201cWe want to keep them healthy, but we want them to pay a lot of taxes to the state of Indiana.\u201d<\/p><\/blockquote>\n<h2>Facing Stark Reality<\/h2>\n<p>Since 2007, the number of people patronizing these companies has dropped down 40 percent to 16.7 million. Not surprisingly, tax revenue has also fallen in the same time period. It is down 30 percent to $600 million.<\/p>\n<p>Ten years ago the state enjoyed somewhat of a monopoly and with casinos located near borders, were attracting out of town customers. Now with Ohio and Michigan providing closer options, and Illinois considering <a href=\"https:\/\/www.casino.org\/news\/illinois-casino-expansion-move-forward-without-grand-bargain\">a location near the Indiana line<\/a>, the once ironclad grip on consumers has loosened.<\/p>\n<p>Sen. Jon Ford, (R-Terre Haute) sees this as the main reason an adjustment is going to have to be made.<\/p>\n<p>\u201cWe\u2019ve lost the Ohio border, we\u2019ve lost the Michigan-Indiana border, and now Illinois is aggressively coming after us,\u201d he said.<\/p>\n<h2>Making More with Less<\/h2>\n<p>AB 1350\u2019s main provision is eliminating the <a href=\"https:\/\/www.casino.org\/news\/indiana-casinos-3-admission-tax-might-be-headed-for-exit-soon\">$3 per-person admissions tax<\/a> imposed on the state\u2019s riverboats and replacing it with a supplemental tax capped at 3.5 percent on a casino\u2019s adjusted gross receipts. Officials say the tax is outdated and if someone is staying at the hotel and then entering the casino, the resort is getting double taxed on the same person.<\/p>\n<p>Legislators mostly agreed upon that part, but the hold harmless funding section has been contentious. Hold harmless funding is the amount of money given to communities that have establishments in their area.<\/p>\n<p>Originally there was a call to reduce the $48 million amount doled out to cities and counties, but it was put back in the Senate version and a fight has evolved on whether it should stay or go. It is yet to be seen which side will win the debate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With declining revenues and fewer people gambling over the past 10 years, Indiana&#8217;s 13 casinos are facing hard times. Now they are jointly lobbying the state legislature to bail them out. But some state lawmakers aren\u2019t so willing to open up the checkbook and are looking at ways to make the facilities more self-sufficient. Current [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,13,18,61],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Indiana Casinos Fight to Stay Above Water, Look to State for Help<\/title>\n<meta name=\"description\" content=\"Casinos in Indiana are facing a serious decline in revenue and the amount of people gambling and are asking the state legislators to help them out.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indiana Casinos Fight to Stay Above Water, Look to State for Help\" \/>\n<meta property=\"og:description\" content=\"Casinos in 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