Indiana lawmakers might not help casinos much
Tuesday, April 23, 2013 06:12 pm
INDIANAPOLIS — Some top Indiana lawmakers seem prepared to accept anticipated big drops in business at the state's casinos and to not provide much help as the gambling venues face growing competition from neighboring states.Indiana's budget planners are anticipating a 20 percent drop in casino tax revenues in the coming years even as they consider hundreds of millions of dollars in tax cuts.
Legislative negotiators are working to reach a compromise this week on tax changes for the casinos, along with the question of whether live table games should be allowed at two horse track casinos near Indianapolis.
Republican House Speaker Brian Bosma says he won't support what he calls an expansion of gambling just to keep tax revenues up.