🖐 Indiana Gaming Commission Approves Application For New Terre Haute Casino – WBIW

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The fact the casino company had done enough research on Terra Haute to petition the government for a license there suggests Spectacle Entertainment sees the casino location as profitable. Despite the many changes, Sen. The central Indiana city should come out well in the deal, if the current provisions hold. If the licensing process goes to a bid, Terre Haute should get a bigger casino resort, which translates to more construction jobs, more investment dollars, and more permanent jobs once the casino is complete. Mark Messmer R-Jasper. Spectacle Entertainment would benefit because its two riverboat casinos would become full land-based casinos, thus allowing for growth of the gaming space and the addition of modern convention space, restaurants, clubs, hotel space, and other attractions. Under the new terms drafted by the Indiana House Public Policy Committee , two new stipulations have been added to the legislation. It is not known if Spectacle Entertainment would be allowed to bid on the Terre Haute project or not, or whether Spectacle would want to bid on a license it once had. Instead, Amendment 60 calls for a referendum in Vigo County home of Terre Haute to decide whether they will allow an inland casino. Two other amendments were adopted for SB Amendment 50 and Amendment Previously, representatives from Marion County were concerned whether sports betting dollars would be attributed to the correct programs. Amendment 65 is a charitable gambling bill. The clause would create charitable gaming licenses for veterans and fraternal organizations, a stipulation which is common in states across the Union. The second casino would be moved across town to a brick-and-mortar location. Instead of moving halfway across the state to a new facility, the Terre Haute license would become available for bidding through a normal licensing process. The legislation now goes to the House Ways and Means Committee. Also, it would introduce a competitive process, which naturally would lead to larger bids on the project. Also, a top casino company might end up the winner of the bidding process, further enhancing the bid. The inclusion of Amendment 65 is certain to make Senate Bill more popular with lawmakers and voters alike. The provisions which would have compensated other casino operators for damage to their business by the moves also were struck from the bill. The moves would facilitate the expansion of Buffington Harbor into a shipping port, which would benefit the City of Gary. Originally, Spectacle Entertainment wanted permission to move two of its Gary, Indiana casinos inland. Ford said the bill was a big positive for the residents of Terre Haute.

The Indiana House Public Policy Committee voted on proposals that add tough new stipulations to draft legislation Senate Bill which would allow Spectacle Entertainment to move two of its casinos inland from Lake Michigan.

And, in that, they could have taken Terre Haute out very easily. Several other changes were made in Amendment The mobile sports betting provisions were entirely struck from the bill by State Sen.

The bill terre haute ind casino had support in the Here legislature until now, though Caesars Entertainment a rival in the state opposed the move.

That would allow the Indiana Treasury to pocket more cash in licensing application fees, or otherwise raise stipulations to allow the state to wring big licensing fees out nyy seminole casino the developers.

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Under the original proposal, one casino would be moved to Terre Haute.