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Indiana Gaming Summary

Background

Indiana has a lottery, riverboat casinos, land-based, and racetrack casinos, as well as charitable gaming.

 

Casinos

The Riverboat Gambling Act was enacted in 1993, establishing the Indiana Gaming Commission and paving the way for riverboat gambling.

The first riverboat began operations in 1995. There are currently 10 active riverboats in the state.

In 2006, the state's first land-based casino began operations. In 2008, two racetrack casinos began operating.

 

Indiana gross gaming taxes are levied as follows:

(1) 15% of the first $25,000,000 of annual adjusted gross receipts
(2) 20% of the annual adjusted gross receipts in excess of $25,000,000 but not exceeding $50,000,000
(3) 25% of the annual adjusted gross receipts in excess of $50,000,000 but not exceeding $75,000,000
(4) 30% of the annual adjusted gross receipts in excess of $75,000,000 but not exceeding $150,000,000
(5) 35% of all annual adjusted gross receipts in excess of $150,000,000 but not exceeding $600,000,000
(6) 40% of all adjusted gross receipts exceeding $600,000,000

 

Lottery

Development: In 1988, Indiana voters approved a lottery referendum by a 62% majority. Six months later, the Indiana General Assembly ratified the Lottery Act and Governor Evan Bayh signed it into law. The lottery began sales in October 1989

Beneficiaries: Pension and disability funds for retired Indiana teachers, police officers and firefighters, and the Build Indiana Fund, which offsets motor vehicle excise taxes.

For more information see the Indiana Lottery website.

Casino data (fiscal year)

Admissions

Year
Riverboats
Land-based
All Casinos
2000
38,725,568
38,725,568
2001
39,693,498
39,693,498
2002
42,648,759
42,648,759
2003
26,289,651
26,289,651
2004
26,545,058
26,545,058
2005
26,697,045
26,697,045
2006
27,060,113
27,060,113
2007
26,532,923
1,005,122
27,538,045
2008
24,817,283
1,395,556
26,212,839
2009
24,739,009
1,167,720
25,906,729
2010
25,467,980
1,084,795
26,552,775
2011
24,635,414
1,020,727
25,656,141
2012
24,635,414
1,146,006
29,263,351

 

 

All Casinos Slot Detail

Year
Slots
Slots Revenue
Slot Hold
Slot Coin-In
WSD
2000
14,629
1,273,427,454
6.62%
19,236,064,260
237.84
2001
15,999
1,414,837,895
6.68%
21,180,208,009
242.28
2002
16,685
1,569,075,907
6.92%
22,674,507,327
257.65
2003
17,335
1,771,758,269
7.17%
24,710,715,049
280.02
2004
17,928
1,947,309,660
7.55%
25,792,180,927
296.77
2005
18,154
1,975,005,699
7.72%
25,582,975,376
298.06
2006
17,537
2,051,353,361
7.95%
25,803,186,931
383.13
2007
18,383
2,174,188,836
8.26%
26,321,898,741
371.30
2008
18,474
2,142,559,151
8.53%
25,117,926,741
316.88
2009
23,109
2,380,656,209
8.62%
27,617,821,450
375.23
2010
22,436
2,396,127,868
8.88%
26,983,421,937
365.17
2011
22,934
2,392,763,514
9.01%
26,556,753,762
360.12
2012
22,619
2,365,012,794
9.08%
26,046,396,410
285.68
2013
21,487
2,205,462,637
9.19%
24,001,398,395
281.21

 

All Casinos Table Detail

Year
Tables
Table Revenue
Table Hold
Table Handle
WTD
2000
636
327,471,586
18.70%
1,751,184,952
1,406.81
2001
671
340,741,976
18.25%
1,867,079,321
1,391.27
2002
655
351,414,132
17.44%
2,014,989,289
1,469.89
2003
648
386,981,393
17.60%
2,198,757,915
1,636.15
2004
623
384,814,585
16.74%
2,298,772,909
1,687.65
2005
638
421,157,185
18.33%
2,297,638,762
1,808.55
2006
647
421,701,325
18.12%
2,327,270,006
1,780.82
2007
663
453,573,288
18.35%
2,471,789,035
1,874.31
2008
654
428,566,512
18.15%
2,361,248,000
1,790.44
2009
713
418,670,262
18.75%
2,232,908,064
1,608.754
2010
765
388,165,247
18.69%
2,076,860,605
1,390.152
2011
745
381,059,448
18.93%
2,012,992,330
1,401.34
2012
740
358,362,933
19.66%
1,822,802,304
1,323.15
2013
690
357,755,127
21.31%
1,678,460,690
1,420.51

 

Adjusted Gross Revenue

Year
Riverboat 
Racetack
Landbased
All Casinos
2000
1,600,899,040
1,600,899,040
2001
1,755,579,871
1,755,579,871
2002
1,920,490,039
1,920,490,039
2003
2,158,739,662
2,158,739,662
2004
2,332,124,245
2,332,124,245
2005
2,396,162,884
2,396,162,884
2006
2,473,054,686
2,473,054,686
2007
2,559,071,115
68,691,009
2,627,762,124
2008
2,439,367,968
105,707,866
26,049,829
2,571,125,663
2009
2,318,748,154
89,549,014
391,029,303
2,799,326,471
2010
2,273,770,357
81,280,637
429,242,121
2,671,784,827
2011
2,233,631,105
82,986,410
457,205,447
2,773,822,962
2012
2,168,021,806
468,868,909
86,485,012
2,723,375,727
2013
-
-
-
2,563,217,764

 

Racetrack Slot Detail

Year
Slots
Slots Revenue
Slot Hold
Slot Handle
WSD
2008
2,859
26,049,829
8.33%
312,723,037
24.89
2009
3,815
391,029,303
8.05%
4,857,506,870
280.82
2010
2,958
429,242,121
8.09%
5,305,835,859
397.57
2011
3,840
457,205,447
8.14%
5,616,774,533
326.20
2012
3,711
468,868,909
8.16%
5,745,942,512
345.2068

Riverboat Slots Detail

Year
Slots
Slots Revenue
Slot Hold
Slot Handle
WSD
2000
14,629
1,273,427,454
6.62%
19,236,064,260
237.84
2001
15,999
1,414,837,895
6.68%
21,180,208,009
241.62
2002
16,685
1,569,075,907
6.92%
22,674,507,327
256.94
2003
17,335
1,771,758,269
7.17%
24,710,715,049
279.25
2004
17,928
1,947,309,660
7.55%
25,792,180,927
296.77
2005
18,154
1,975,005,699
7.72%
25,582,975,376
297.25
2006
17,537
2,051,353,361
7.95%
25,803,186,931
319.60
2007
17,482
2,115,354,828
8.25%
25,640,664,582
330.61
2008
16,786
2,025,336,392
8.54%
23,715,882,810
329.66
2009
18,012
1,913,104,460
8.74%
21,889,067,048
290.20
2010
18,173
1,897,900,895
9.10%
20,856,053,791
285.34
2011
17,811
1,864,190,337
9.27%
20,109,928,123
285.97
2012
17,663
468,868,909
9.37%
5,003,937,129
72.53

 

Riverboat Table Detail

Year
Tables
Table Revenue
Table Hold
Table Handle
WTD
2000
636
327,471,586
18.70%
1,751,184,952
1406.81
2001
671
340,741,976
18.25%
1,867,079,321
1387.465
2002
655
351,414,132
17.44%
2,014,989,289
1465.875
2003
648
386,981,393
17.60%
2,198,757,915
1631.676
2004
623
384,814,585
16.74%
2,298,772,909
1687.65
2005
638
421,157,185
18.33%
2,297,638,762
1803.609
2006
647
421,701,325
18.12%
2,327,270,006
1780.818
2007
630
443,716,287
18.33%
2,420,710,786
1924.349
2008
615
414,031,576
18.11%
2,286,204,174
1839.405
2009
676
405,643,694
18.78%
2,159,977,071
1639.521
2010
723
375,869,462
18.73%
2,006,777,694
1420.423
2011
705
369,440,768
18.97%
1,947,500,095
1431.774
2012

699

346,834,912
19.71%
1,759,690,066
1355.703

 

Land-based Slot Detail

Year
Slots
Slot Revenue
Slot Hold
Slot Handle
WSD
2007
1,201
58,834,008
8.64%
680,949,167
134.21
2008
1,212
91,172,930
8.48%
1,075,152,476
205.53
2009
1,282
76,522,446
8.54%
896,047,377
163.53
2010
1,304
68,984,852
8.38%
823,208,258
144.94
2011
1,284
71,367,730
8.46%
843,590,189
152.28
2012
1,245
74,956,991
8.64%
867,557,766
164.50

 

Land-based Table Detail

Year
Tables
Table Revenue
Table Hold
Table Handle
WTD
2007
44
9,857,001
19.06%
51,715,640
613.76
2008
39
14,534,936
19.40%
74,922,351
1018.28
2009
37
13,026,568
17.79%
73,224,103
964.57
2010
42
12,295,785
17.72%
69,389,306
802.07
2011
40
11,618,680
17.62%
65,940,295
795.80
2012
41
11,528,021
18.16%
63,480,292
768.23

 

Powered by GamblingCompliance.com. For current information, visit GamblingData.com.

Lottery data (fiscal year)

 

Year
Total Revenues
Prize Liabilities
Prize %
Net Revenue
Net %
2005
739,633,055
455,332,166
61.56%
185,755,895
25.11%
2006
816,362,114
493,126,809
60.41%
218,414,438
26.75%
2007
789,055,966
477,811,572
60.55%
211,483,835
26.80%
2008
822,845,151
503,295,162
61.17%
209,981,685
25.52%
2009
732,656,870
453,225,165
61.86%
178,029,234
24.30%
2010
740,339,473
456,296,500
61.63%
183,465,600
24.78%
2011
791,446,543
494,515,721
62.48%
191,488,261
24.19%
2012
855,584,757
532,961,767
62.29%
210,616,131
24.62%
2013
934,028,086
581,345,525
62.24%
225,501,796
24.14%

Powered by GamblingCompliance.com. For current information, visit GamblingData.com.

 

Total revenue is total ticket sales sales plus interest earned on the lottery fund balance and miscellaneous revenue sources . Prize liability is the total amount of prize money paid back to winners. Net Revenue is the total revenue minus vendor and retailer commissions and prize payouts and operating expenses; it is equal to "operating income." Prize and net revenue percentages are taken from the total revenues.

Indiana Gaming Timeline

1988: Voters approve a lottery referendum

1989: Lottery sales begin

1993: Riverboat gambling is approved

1995: First riverboat casino (Casino Aztar, Evansville) opens

1996: Five new riverboat casinos open: 2 riverboat operations in Gary (Majestic Star, Trump), 1 in Hammond (Empress Casino), 1 in Rising Sun (Grand Victoria), 1 in Lawrenceburg (Argosy Casino)

1997: 2 more riverboat casios began operations: Blue Chip Casino (Michigan City), Showboat (East Chicago)

1998: Caesars (Elizabeth) riverboat opens

1999: Harrah's acquired the Showboat; Horseshoe acquired the Empress; Boyd acquired the Blue Chip

2000: Belterra casino opened

2002: Crusing requirements for gambling are removed; dockside gambling begins

2003: Indiana Gaming Commission creates a statewide self-exclusion list

2005: Harrah's buys Horseshoe Hammond and Caesars Indiana; Resorts buys Harrah's East Chicago

2006: French Lick Resort Casino opened

2006: Video lottery terminals at Hoosier Park and Indiana Downs approved

2008: Racinos at Hoosier Park and Indiana Downs open

2009: Hollywood Casino replaces Argosy (Lawrenceburg)

 


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Last modified Wednesday, 28-May-2014 12:34:47 PDT