INDIANAPOLIS, Ind. (AP) - Indiana legislators have approved a wide-ranging gambling bill that legalizes sports betting in the state and allows new casinos in Terre Haute and Gary.
The House and Senate both voted Wednesday to support the proposal hours after a final agreement was reached adding payments to Evansville and three northwestern Indiana cities that are expecting tax revenue hits from the new casinos competing with those in their communities.
A proposed $40 million tax credit to the new owner of the current Gary casinos was dropped, but negotiators say tax changes could save Spectacle Entertainment a similar amount over five years.
The bill would also legalize sports betting in the state possibly starting as early as this fall if it is signed into law by the governor. The horse track casinos in Anderson and Shelbyville will be allowed to have table games with live dealers starting Jan. 1, 2020. That’s 18 months earlier than allowed under current law.
The legislation will now be sent to Governor Eric Holcomb's desk for his consideration.
If the governor signs the bill, the next hurdle for a casino in Terre Haute would happen locally.
A referendum will take place either this fall or next spring.
- Indiana lawmakers approve new casinos, sports betting
- Indiana lawmaker to propose sports betting legislation
- DraftKings, Resorts Casino join on sports bets
- New Bill could legalize professional sports betting in Indiana
- Indiana lawmakers approve GOP budget, gambling bill
- Casino company places second bet on Terre Haute
- Indiana Gaming Commission approves casino sale, make a Terre Haute casino one step closer
- Indiana lawmakers move forward on legal sports gambling
- Casino bill heads to full Indiana House
- Legal sports betting coming soon to several US states