State shouldn't fear gambling

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Another Day, Another Dollar
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The Indiana General Assembly killed a bill that would've resulted in almost $200 million a year Tuesday. It would've provided many jobs for unemployed Hoosiers and would've stabilized two very important industries in Indiana, as well as provide extra money for this destitute state.

Why was this bill killed? Because it contained the dirtiest word Hoosiers have ever come across in the history of this land: gambling. Yes, gambling. Apparently, this is worse than murder, premarital sex, smoking in a restaurant and using your cell phone while driving.

The bill in question would've put 2,500 slot machines in each of the two horse tracks in Indiana (Indiana Downs in Shelbyville and Hoosier Park in Anderson), and would've generated around $200 million in revenue. But for some reason, legislators are scared of gambling and pull-tabs. Apparently, if we have those, Indiana will go to hell, and demons will walk the land.

I hate to shock the legislators and activists, but gambling already goes on in the horse tracks. Why is there a difference between betting on a horse and pulling a slot? There isn't.

Let's face it: gambling is gambling. Deciding that one way is more moral than the other is ridiculous.

Yes, I have gambled at the track. Yes, I have enjoyed it, and yes, I'll do it again.

Go ahead, activists, ostracize me.

I love my state and I love my morals, but I don't see those two things conflicting with my love of the horse industry.

My parents and grandparents own horses that race at both Hoosier Park and Indiana Downs, and I have seen firsthand how badly the slots are needed both for that industry and for Indiana in general.

The people involved in the horse-racing industry have to face bad conditions, lower purses and extreme hostility from the state already. Many of the good ones are already starting to move onto different tracks, which is leaving the 164,800 people directly involved in the Indiana racing industry (owners, drivers, jockeys, employees of the track, etc.) with the risk of being out of a job.

Like it or not, Indiana is in dire economic straits. We're beyond the point where we can say "this is immoral," or "we'll find a different way." Apparently, the legislature is only open to taxing everyone at extremely high rates instead of being creative and letting the burden go to people who are willing. We're beyond the time of legislating morality - we need money.

ISU students would benefit directly from this bill being passed.

Angry about the tuition increase?

Instead of it increasing next year, this bill could've made more money available to fund higher education. Instead tuition could be rising every year.

Enjoy the Colts?

You may be forced to enjoy Los Angeles if we can't get enough revenue for them (and this industry is needed too - ask the people who own stores around the RCA Dome).

I saw in a paper Tuesday that while this win-win bill is dead, it has decided to keep a bill increasing class size and cutting money from education.

We're going to see many more bills like this if money is not raised. It's a shame the legislators had a golden bill in their hands and decided to be holier-than-thou rather than helping Indiana.

indianastatesman.com
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Another Day, Another Dollar
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Indiana ranks third in amount of gaming revenue collected

wndu.com

Floating casinos are helping to keep Indiana financially afloat during its current fiscal crisis.

Over the last two years, Hoosier riverboats have seen their collective tax bills increase by $228 million, or some 33%.

It doesn't appear to have been bad for the industry. Although some feel it might be bad for the state to rely so heavily on gaming to fund it's operations.

It’s to the point where only two states in the nation collect more in gaming taxes than Indiana.

The sky seems to be the limit in Michigan City, where construction crews are building a brand new riverboat casino to replace the one that docked in town just seven years ago.

"At times, it's functionally at capacity considering aisle space it's very uncomfortable," said Judy Campell, Blue Chip Casino.

A portion of trail creek, that had to be drained to accommodate construction, is where the new boat is being built.

At a cost of $75 million, the new boat will be twice as wide as the old one. The usable space will increase by 25,000 square feet and employment will increase as well.

"We're committed to bringing on 100 permanent jobs at Blue Chip so we'll create some jobs here at Blue Chip as well," explained Campell. "Business has been good, I believe we've been a good citizen in Michigan City, Michigan City has been good to us."

But some wonder if Indiana is becoming too financially dependent on gaming, nationwide rankings place Indiana third, in the collection of gaming revenue.

The $702 million brought in during 2003 was just $70 million less than Nevada, the leader, but $253 million ahead of the number four contender, Louisiana.

Officials at the Blue Chip didn't want to comment specifically on the tax situation. Although in the midst of a $150 million expansion project, their actions seem to speak volumes.

"Business has been good, think it has been in the whole marketplace up here," said Campell.

Although casino taxes paid to the state are up 33 percent in the past two years during that time, the industry did get a substantial boost.

The state approved dockside gambling allowing gamblers to come and go as they pleased. It used to be that gambling sessions were limited to two-hour blocks.
 

Another Day, Another Dollar
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Trump casino planned for southern Indiana

wndu.com

The Blue Chip Casino isn't the only Indiana casino bankingon future success in the gaming industry.

Plans are underway on a new Trump Hotel and Casino in French Lick, Indiana. That’s in the southern part of the state.

Indiana currently has ten casinos throughout the Hoosier state.

Indiana became the sixthstate to legalize riverboat gambling in June of 1993.
 

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well all I know is I feel im a resident of Indiana and that I know a ton about that state for SOME reason:smoker2:



In fact I think we need a Indiana Update forum....im going to vote for one:digit:
 

Another Day, Another Dollar
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These people love their lotto, horses, and casinos, but suggest at making persons felons for gambling in their home.

:icon_conf
 

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GENERAL-

Old Jed loaded up the truck and moved the family to Beverly Hills, you can do the same.

You cant do it any younger.

---FISH---
 

The Straightshooter
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The General said:
These people love their lotto, horses, and casinos, but suggest at making persons felons for gambling in their home.

:icon_conf

All this gaming revenue, and the State is broke as a joke.
 

Official Rx music critic and beer snob
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I would say more than half of the people that go to the Blue Chip Casino are from Chicago staying in Michigan for the weekend, or people from Michigan. I live about 25 minutes away from Blue Chip and about 45 minutes from the Trump Casino in Gary. What could really hurt the Blue Chip is the possibility of a land-based casino in New Buffalo, Michigan - about 10 minutes away.
 

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