Introduced Senate Bill (S)

DIGEST

Casino operations in Terre Haute. Authorizes the licensed owner of a riverboat operating from Ohio County to establish a supplemental gaming facility in Terre Haute with the approval of the Indiana gaming commission (IGC). Provides that the IGC may not approve an application unless riverboat gaming has been approved by the fiscal body of the city. Provides that at least 50% of the qualified licensed owner's proposed investment in a supplemental gaming facility must be for the development of the qualified licensed owner's proposed nongaming amenities. Provides that the number of gambling games at a supplemental gaming facility may not Casino operations in Terre Haute. Authorizes the licensed owner of a riverboat operating from Ohio County to establish a supplemental gaming facility in Terre Haute with the approval of the Indiana gaming commission (IGC). Provides that the IGC may not approve an application unless riverboat gaming has been approved by the fiscal body of the city. Provides that at least 50% of the qualified licensed owner's proposed investment in a supplemental gaming facility must be for the development of the qualified licensed owner's proposed nongaming amenities. Provides that the number of gambling games at a supplemental gaming facility may not exceed 50% of the gambling games permitted by statute. Provides for the imposition, determination, and distribution of the riverboat admission and wagering taxes with respect to wagering at a supplemental gaming facility. Provides that the supplemental gaming facility may not be transferred except as part of a transaction in which transfer of the owner's license for a riverboat operating from Ohio County is approved by the IGC. Requires five annual payments of $3,000,000 from the qualified licensed owner operating a supplemental gaming facility to the department of natural resources for deposit in the West Baden Springs historic hotel preservation and maintenance fund. Makes a technical correction. ... View more