Ownership fight could leave new Gary casino empty
The legal fight over ownership of a new $300 million casino in northwestern Indiana could leave it sitting unused for possibly months after construction work is completed.
The legal fight over ownership of a new $300 million casino in northwestern Indiana could leave it sitting unused for possibly months after construction work is completed.
Longtime casino executive Rod Ratcliff is suing the Indiana Gaming Commission for suspending his gaming license last month. The suit alleges the situation has jeopardized a the opening of a new casino in Gary.
Indiana casino regulators voted Wednesday to force a longtime heavyweight in the state’s gambling industry to give up his ownership stake in a Lake Michigan casino, saying he had continued exerting control over its parent company in violation of state orders.
An investigation stemming from allegations of illegal political contributions by a longtime Indiana casino executive could snarl the future of multimillion-dollar projects for new casinos in Gary and Terre Haute.
The cards have been dealt, and Terre Haute is getting a casino. The Indiana Gaming Commission on Friday awarded a casino license to Spectacle Jack LLC, which plans to build a $120 million casino near Interstate 70 and State Road 46 in Terre Haute.
Indiana Gov. Eric Holcomb on Monday said he supports the Indiana Gaming Commission’s investigation into casino executives who have been implicated in a federal campaign finance scheme.
Indiana is giving gamblers a chance to put down wagers on who’ll be winners in next month’s Academy Awards. Betting on the Oscar winners for best picture and other film categories comes under the state’s sports wagering law that took effect in September.
The Indiana Gaming Commission confirmed Friday that it is postponing approval of a new Indiana casino while it investigates allegations that top executives at former Indianapolis racino business Centaur Gaming were involved in directing illegal campaign contributions to an Indiana congressional candidate in 2015.
A longtime Indianapolis attorney and public servant whose career included stints as a federal prosecutor as well as leading the state agency that awarded Indiana’s first riverboat gambling licenses has died. John “Jack” James Thar, 71, died Jan. 8, surrounded by loved ones after a battle with heart disease.
A man suspected of trying to sell look-alike substances at an Indiana casino has had his drug-related conviction reversed, with the Indiana Court of Appeals finding insufficient evidence to dispel a claim of a Fourth Amendment violation.
Hoosiers wagered nearly $92 million on sports in October — the first month that mobile bets were accepted — according to numbers released Friday by the Indiana Gaming Commission.
Sports betting is ready to go legally online in Indiana on Thursday, a little more than a month after the state’s casinos started taking game wagers.
Mobile sports betting will officially launch in Indiana on Oct. 3, enabling Hoosiers to wager through their phones or computers without ever visiting a casino.
Sports betting is underway in Indiana, with Gov. Eric Holcomb placing a bet at the Indiana Grand Racing & Casino in Shelbyville.
Sports betting is days away from becoming legal in Indiana and the state’s casinos are lining up to start collecting wagers. Indiana will become the 12th state — and the first in the midst of major Midwest markets — with sports betting when a new state law takes effect Sunday.
Indiana casinos are racing ahead with preparations to launch legalized sports betting in early September, looking to seize an advantage over competitors in Chicago and other nearby large markets where such wagers aren’t yet allowed. A new state law approved this spring allows betting to start Sept. 1 on dozens of professional, collegiate and international sporting events.
Gov. Eric Holcomb signed gambling legislation into law Wednesday — the last day the bill was eligible for action — bringing significant changes to Indiana’s casino industry this year.