Under House Bill No. 1406 of the current legislative session, Indiana would impose an 18% tax on adjusted gross receipts for online casino gambling, nearly double the 9.5% rate the state charges for sports betting. Additionally, it would cost $500,000 initially for an operator license and $50,000 annually to renew. Indiana’s gaming industry hit a new high as it closed out 2020, but it is also beginning 2021 with a new bill to expand the industry in the Hoosier state. State Senator Jon Ford (R-Terre Haute) has introduced legislation that would legalize online casino betting. Senate Bill 417 would allow... Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Indiana In Indiana, the campaign to bring a casino to the area around the city of Terre Haute reportedly took another step forward yesterday after proposed legislation that would authorize such a venue made it through a second reading before the full Indiana House of Representatives. Add Indiana to the states that could consider internet casino gambling legislation in 2021.. Sen. Jon Ford tells PlayIndiana that he is already working on language for an online casino bill. “With COVID, we’re still at 50% capacity at our casinos,” Ford said. “I have no idea when that might be lifted. If we had iGaming, it would give those casinos a way to drive revenue for them and An online gambling bill is back on the table in Indiana, and this time it includes online poker.. Sen. Jon Ford first drafted legislation to bring online casinos to Indiana in October 2020.Ford did not include online poker in the bill’s initial draft, believing it might hurt its chances. But after discussions with fellow lawmakers and industry representatives, he saw fit to add online poker The gambling license for Vigo County's casino was originally held in Gary, and legislation passed in 2019 required these payments as part of its move to Terre Haute. "Indiana casinos are already taxed heavily, with much of that revenue meant to benefit the communities they're located in," Morrison said in a news release. State Senator Jon Ford, a Terre Haute Republican, has introduced legislation that would legalize online casino betting. Senate Bill 417 would allow Indiana’s 14 casinos and racinos to offer With Indiana’s 13 casinos and racinos suffering through a tough year as a result of the coronavirus pandemic, Ford intends the online gambling bill to provide a boost to the industry. The legislation includes only casino games such as slots, blackjack, and roulette. It does not seek to authorize online poker. Casino giant Caesars Entertainment Inc. has agreed to sell its Caesars Southern Indiana casino to the Eastern Band of Cherokee Indians (EBCI) for $250 million, news emerged Thursday. The Southern Indiana property is being sold to the tribal operation a year after Caesars completed its $90 million renovation and expansion. Indiana Lawmakers File iGaming Legislation as Sports Betting Continues to Grow. Posted on: January 13, 2021, 01:59h. Last updated on: January 13, 2021, 12:15h.
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