Industry
October 6, 2022
Indiana Government Tops $1B in FY2022 Gambling Revenue
The Indiana Gaming Commission (IGC) published its FY 2022 annual report to reveal that the gambling industry has rebounded from the negative pandemic impact in FY 2021. Racino Expansions, New Casino Project For the twelve months ended June 30, 2022, state-wide casino win was $2.5 billion, up 19% from the $2.1 billion in the previous […]
Casino
March 9, 2022
CDI’s Queen of Terre Haute Casino Resort Moves a Step Closer
Churchill Downs Incorporated (CDI) formally presented to the Indiana Gaming Commission (IGC) a new location for the Queen of Terre Haute Casino Resort in a meeting Thursday. Presenting the New Location At the IGC meeting, the land-based casino and horse racing operator was represented by its SVP of Corporate Development Jason Sauer and SVP of […]
Casino
November 18, 2021
IGC Selects CDI’s $240m Terre Haute Casino Resort Bid
The Indiana Gaming Commission (IGC) approved Churchill Downs Incorporated (CDI) to become the operator of the state’s 13th casino slated to appear in the city of Terre Haute in Vigo County. Winner of the Competitive Bid Process CDI’s wholly-owned subsidiary CDITH submitted its application to develop what it named the Queen of Terre Haute Casino […]
Legal
October 6, 2021
Penn Agreed to Settle Responsible Gambling Claims in Indiana
Penn National Gaming and the Indiana Gaming Commission (IGC) agreed to a settlement related to responsible gambling violations made by the casino operator earlier this year. Blank Terms and Conditions The settlement ordered by the IGC on September 29 involves a financial sanction of $12,500 for two occasions on which Penn National’s Barstool Sportsbook brand […]
Industry
August 18, 2021
IGC Integrity Rules Stir Controversy with Lawmakers in Indiana
Lawmakers in Indiana are vowing to take action and block the state gaming regulator from inquiring into personal and financial ties of casino investors as part of its casino owner integrity rules. Integrity Rules Should be Further Scrutinized Ahead of the meeting of the Indiana Gaming Commission (IGC) on August 18, 2021, scheduled to consider […]
Industry
February 15, 2021
Sports Betting in Indiana Posted Fifth Month of Record High
Sports betting in Indiana continued to grow in January, the monthly revenue report from the Indiana Gaming Commission (IGC) revealed, making the first month of 2021 the fifth consecutive to break the previous high in revenues. Another Record Month Sportsbooks in the state generated $348.2 million in sports wagers in January, two times more compared […]
Business
November 22, 2020
IGC May Extend Deadline for Horseshoe Hammond Casino Sale
State regulators in Indiana are likely to extend the term of casino divestiture due to the uncertainty in the casino industry amid the impact from the coronavirus. Additional Year in the Works The Indiana Gaming Commission (IGC) is expected to revise the terms for Caesars Entertainment regarding the sale of its casino properties in the […]
Casino
November 16, 2020
Indiana Casinos To Enforce Additional Measures Against Covid-19
Indiana Governor Eric Holcomb published today an executive order to tighten measures against the spread of Covid-19. Casinos must adjust to the new requirements, which include social distancing and signage. New Protocols Set For 30 Days As the number of positive coronavirus cases is skyrocketing in Indiana, casinos will not close for a second time […]
Casino
August 11, 2020
IGC: Strong Casino Industry Rebound Despite Restrictions
The Indiana Gaming Commission (IGC) released its latest monthly report, revealing July was the strongest month for the state’s sports betting market since February. After a three-month period of shutdown for the casinos, total sports wagering in the Hoosier State since its launch in September 2019 exceeded $1 billion in July. Casinos in Indiana which […]