Wednesday, 23 November 2011

Indiana may expand gambling

Worried about new competition from Kentucky and Ohio, Indiana politicians are studying the state's gambling industry to see how best to position the casinos and preserve state revenue.

Though the Kentucky General Assembly failed to pass a bill last month to allow slot-like video terminals at racetracks, Indiana officials think the commonwealth will eventually act to stop Indiana riverboats from siphoning dollars from Kentuckians' pocketbooks.

Ohio Gov. Ted Strickland, meantime, announced Friday that he will sign an executive order authorizing video lottery terminals at the state's racetracks. He said he will order the Ohio Lottery to move quickly to have the terminals installed as a way to shore up state revenues.

"The foremost issue we need to look at is the possible competition from other states," said Rep. Trent VanHaaften, the chairman of the House Public Policy Committee.

"We have to look at how we deliver gaming in Indiana," added Van Haaften, D-Mount Vernon. "We need to see how it should look in 2010, as opposed to how it was seen back in 1993," when the state's casino law passed.

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