Proposed legislation would cut taxes to Ind. riverboat casinos - WDRB 41 Louisville News

Proposed legislation would cut taxes to Ind. riverboat casinos

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LOUISVILLE, Ky. (WDRB) -- Indiana lawmakers want the state's riverboat casinos to stay competitive.

They're proposing to cut riverboat casino taxes to allow floating gambling halls to move onto land.

This would help them compete against neighboring states with new casinos like Ohio, Michigan and Illinois.

A state Senate committee is expected to take up a bill this week overhauling casino taxes.

Projections show Indiana's casino tax revenue will drop 15-percent over the next three years.

One Republican Senator says the changes are needed to keep Indiana's 10 riverboat casinos "in the game."

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