Indiana sports betting, new casinos won't mean windfall

A top Indiana budget writer doesn't expect much of a state tax revenue boost if legislators approve proposals to legalize sports betting and allow new casinos in Gary and Terre Haute.

Posted: Apr 9, 2019 3:49 PM

INDIANAPOLIS (AP) — A top Indiana budget writer doesn't expect much of a state tax revenue boost if legislators approve proposals to legalize sports betting and allow new casinos in Gary and Terre Haute.

Republican House Ways and Means Committee co-chairman Todd Huston said sports betting could bring in $12 million a year. The new casinos and allowing table games at horse track casinos in Anderson and Shelbyville could mean about $30 million more. That total amounts to about one-third of 1 percent of expected state tax collections.

The Ways and Means Committee endorsed a proposal Tuesday that would allow sports betting only at casino sites, while a previous plan approved by the state Senate also permitted sports bets by mobile devices.

The proposal now goes before the full House.

Article Comments

West Lafayette
Clear
72° wxIcon
Hi: 85° Lo: 59°
Feels Like: 72°
Kokomo
Clear
72° wxIcon
Hi: 84° Lo: 56°
Feels Like: 72°
Rensselaer
Clear
68° wxIcon
Hi: 83° Lo: 56°
Feels Like: 68°
Fowler
Clear
68° wxIcon
Hi: 84° Lo: 58°
Feels Like: 68°
Williamsport
Clear
72° wxIcon
Hi: 84° Lo: 58°
Feels Like: 72°
Crawfordsville
Clear
68° wxIcon
Hi: 85° Lo: 60°
Feels Like: 68°
Frankfort
Clear
73° wxIcon
Hi: 82° Lo: 58°
Feels Like: 73°
Delphi
Clear
72° wxIcon
Hi: 83° Lo: 57°
Feels Like: 72°
Monticello
Clear
72° wxIcon
Hi: 83° Lo: 57°
Feels Like: 72°
Logansport
Clear
70° wxIcon
Hi: 82° Lo: 55°
Feels Like: 70°
Nice, very warm to hot weather to continue.
WLFI Radar
WLFI Temps
WLFI Planner

Community Events