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Posts Tagged ‘Indiana’

Ohio Gambling and Harrah’s Team Up

Tuesday, August 24th, 2010

The Harrah Entertainment name is synonymous with gambling. Over the past seventy-plus years, Harrah’s has maintained a huge name in the market. It is a gaming company that has over fifty casinos worldwide, along with hotels, golf courses and other entertainment centers. It began back in 1937 as small bingo parlor but quickly went public after a lot of gambling success. William F. Harrah was the founder and he knew what he was doing in terms of bringing great gambling to the market. Ohio has not seen gambling within the state, but residents still know how big a name Harrah Entertainment is. Now that the name is being thrown around in the community because of a pending casino facility, patrons are excited. No one is pushing out the option of bringing premiere gambling to the state especially with a gambling expert like Harrah’s being the one to do it. State officials are looking to Harrah’s as a way of competing with neighboring Indiana’s casino outlets. Indiana, unlike Ohio, has had land based casinos and has long provided gambling to millions of area residents. Now, with Ohio making a pitch for gambling they need to worry about whether or not their casino can viably compete with a casino entity as established as Indiana’s.

Harrah’s is promising to being a few brands to the state of Ohio, including the Cincinnati and Cleveland casino locations. They want to optimize gambling within the areas and give Ohio an immediate advantage over neighboring casinos. Though it is a difficult task, in a lot of way s it is forcing other casinos to step up their own games. They have to be ready to compete with a leader in the gambling industry like Harrah’s and that is no small task. Most likely it is going to be a while before things regulate and it is clearly seen who is winning out on the gambling fight for customers in the area. Ohio is new, but that doesn’t mean it should be counted out just yet and with a strong partner like Harrah’s Entertainment on its side, it just may have a fighting chance to win.

Ohio Ready to go Head to Head with Indiana

Thursday, August 19th, 2010

For years now Indiana has had premiere casinos for area residents to enjoy. The state is known for its outstanding casinos and has had quite a few years to hone those casinos. Any neighboring state looking to take on Indiana as a competitor is going to have to bring premiere gaming to their own location. Now, Ohio is the state challenging Indiana for the number one casinos in the Midwestern area. Ohio of course is on the brink of opening all four of its premiere locations for gambling. Columbus, Toledo, Cincinnati and Cleveland are the four locations that Harrah’s Entertainment is being tasked with bringing casinos to. The approval is already there and the casinos are up. Now Harrah’s has to evolve the casinos into truly lucrative money-making businesses for the state.

Of course Harrah’s Entertainment is a huge name in the world of gambling. It has casinos all over the world and has managed to keep its own name as a brand well known for excellence in gaming, resorts and entertainment centers. A lot of the company’s strategy revolves around using the Caesar’s brand as a recognizable name for excellence. It also tends to attract high-rollers so that is the name that the company is affiliating with the new projects throughout Ohio. State legislators are hoping for a huge push with their gambling industry and hoping that they can take on Indiana as a competitor. Remember that Indiana has been offering gambling for years so Ohio may have to do some fast catch up to get on the same level. On the other hand, with a strong development partner like Harrah’s, Ohio may be able to catch up relatively quickly in the market. It may not take as much since the casinos are not being updated like Indiana casinos. Rather, they are being built as premiere locations for gambling from the ground up by one of the leading gambling companies in the world. Though it may take some time, the casinos in Indiana are most likely going to suffer some losses from Ohio entering the market so strong with four top-notch casinos under its belt within a matter of months.

Indiana Weighs In on Slots and Video Gaming

Saturday, April 10th, 2010

Indiana is another state on the verge of major gambling changes. The state has gone through various stages of gambling law over the past few years and is now closer than ever to accepting gambling as a viable revenue-generating option. Back in 2007 an organization within the state comprised of bar owners prepared a proposal to bring slots and video poker machines into their establishments. The proposal also introduced machines being brought into restaurants and fraternal organization lodges. Overall, each entity would use the machines as an additional revenue stream that hopefully would continue to grow over the lifespan of each business.

The move was based on an earlier study done by the Indiana Licensed Beverage Association that showed that the positioning of 3,500 slot machines and video poker machines throughout the country would bring in an estimated $300 million in tax-revenue dollars. The money would be split in state and local government coffers. Much of the state was in support of the move since illegal machines were running rampant already. Some supporters of the proposal are Representative Win Moses and Senator Bob Meeks.

The question of gaming in the state of Indiana has been a long-standing debate for many legislators. So far there are about 25,000 machines positioned throughout the state at bait shops, convenience stores and pubs. It’s made regulation of the machines difficult. Those who support legalization are making moves to crackdown on machines and create laws that eliminate the illegal machines, while bringing in affordable ones to replace them.  Most business owners think the move to legalize and regulate machines would be the best option since banning them is only causing more and more illegal machines to crop up. The problem is becoming a mirror of the bigger issue of gambling. In 2006 the US created the UIGEA that was supposed to stop gambling online, however it actually had a much different effect. People who wanted to gamble, merely started doing so at offshore and channeling millions of dollars out of the country. The same potentially could happen with gambling in the state of Indiana. If legislators do not find a way to legalize slots and video games, underground machines will continue to run rampant and the money won’t benefit the state or local governments.

 

French Lick Resort Casino Offers Roaring 20’s Fun

Sunday, February 28th, 2010

For anyone wanting to experience the Roaring 20s, Indiana’s French Lick Resort Casino is the place to visit. It’s a great place for a nostalgic look at the olden days of gambling. At the height of its popularity the resort was home to over 20 gambling establishments and the area was famous for its water resorts. It offered great family fun that was spread from activities for children and adults alike.

There is a lot to enjoy in this location. There is the huge stained glass dome to welcome you and the opulent chandeliered enterance. There is a huge atrium to enjoy with hundreds of beautiful plants to view. It’s truly a sight when you first walk into the French Lick Resort Casino. The casino offers 42,000-square-foot; single-level gaming floor offers 1,200 machines and 32 tables providing blackjack, roulette, craps, and 3-card poker. The casino’s automated poker room offers three 10-player tables and a high-limit gaming area with VIP services including a dedicated cashier cage and lounge area. The casino’s high-tech ventilation system completely changes out the air four times every hour for the highest quality. A separate nonsmoking gaming room is provided that is decent in size offering a 9,500-square-foot space featuring 300 machines, along with roulette, crazy 4 poker, craps, and blackjack tables. French Lick Players Club cardholders earn both Destination Dollars and Resort Awards for each play. Destination Dollars provide cash that can be used for slot play in the casino or as currency within the resort. Resort Rewards points are redeemable for a variety of services including dining, recreation, spa treatments, retail merchandise, comps, event discounts or hotel accommodations.

On top of the premiere gaming, the French Lick Resort Casino is a great place to be. It offers an outstanding place to enjoy all the fun of gambling, with all the extras surrounding the pastime. If you want retail outlets, there are a wide variety to enjoy. If you are looking for nightime entertainment, that can be found here too. Just visit the casino and see how much it has to offer to any visitor. You won’t be disappointed with its gaming and entertainment fun.

Visit the Horseshoe Casino for Premiere Gaming Fun

Sunday, February 28th, 2010

There are a wide variety of gaming outlets on the market today but one that stands out is the Horseshoe Casino in southern Indiana. The casino is labeled the home of the “world’s largest” in the US because it houses the world’s largest riverboat casino. The Horseshoe Casino is known worldwide for its vast expanse of gaming excellence. Anyone wanting to taste what gambling has to offer should venture out to the casino in Indiana and see for themselves how much it has to offer.

This casino is a 173,000-square-foot location that boasts all of the amenities of a complete casino resort destination. Built in 1998 as the formerly known as Ceasars Indiana, this four-deck riverboat is 452 feet long by 100 feet wide and is powered by four 1,000 horsepower engines. It has the widest variety of table games too. The gaming floor features over 100 tables that offer everything from Pai gow poker to Caribbean Stud and Let it Ride to roulette. You will find craps, Crazy 4 Poker and Omaha as well as baccarat and Keno. For all your gaming needs, this is a great place to visit.

If you love slots, don’t worry the Horseshoe Casino offers one of the largest variety of slots games in Indiana and has over 2,000 games to offer. Whether you are looking for high-wager slot machines or penny-slots, you’ll find them on this casino floor. The slots parlor is vast and offers something for every level of player. Each one has  competitive payback percentages. In terms of restaurants, the Horseshoe Casino also has some premiere offerings like JB Cafe and Legend’s Sports Bar. Each one has its own specials and bonuses to enjoy. Check with the casino every night you are there to see the daily specials and extras you can find when it comes to dining. 

Visiting the Horseshoe also offers some additional benefits. The casino is just 20 miles from Louisville, Kentucky. That means any visitor can enjoy Churchill Downs and the Louisville Slugger Museum. There are specialty shops to enjoy and the Ohio River attractions like boat rides and camping. Test out the Horseshoe and surrounding areas for the best in vacation fun for the entire family.

Indiana Worried about Keeping up with Ohio

Friday, January 15th, 2010

The state of Indiana has a great gambling industry. There are casinos and people come from neighboring states to support the industry. Their hefty bankrolls bring a lot of revenue to the state’s hefty list of expenses. Due to its popularity in the state, Indiana is putting together a legislative panel to study the various aspects of gambling in the state.

One of the solutions the panel came up with was to allow riverboat casinos to move inland. The move would keep gamblers from leaving the state to go to land-based casinos in neighboring states. Senator Luke Kenley said, “As in any other industry, particularly those that cater to retail consumers, it is all about location. We think their ability to go to a better location would increase their volume and the amount of business they could do.”
Indiana is hoping that making the move will capitalize on the power of gambling and bring the revenues available to new heights. Like most post-recessionary budgets, Indiana is struggling to make ends meet. The huge deficit is weighing heavily on the minds of legislators and bringing in more gambling money is a priority on the list of issues to cover. Everyone knows that gambling is lucrative, but how to channel the money and close out competition, is a hot topic.

Moving riverboats to land does have a price however, The legislative panel found that states need to charge riverboats for the move. The study also confirmed that taxes should remain the same for riverboat casinos. Indiana lawmakers have had to revisit their gambling laws because of increased competition from neighboring states. Ohio, in particular, is going to make a big jump into the casino industry, with four casinos planned, one each in Columbus, Cleveland, Cincinnati, and Toledo. The added competition has Indiana legislators on edge and they are hoping to brace for the change. For a long time Indiana had a corner on the market of gambling, but now that Ohio is entering the market with four state-of-the-art casinos, Indiana lawmakers are worried. They know that only if they make serious changes in the market and continue to develop for customers, they may lose a great market share to Ohio.

IN Makes Move to Expand Gambling

Monday, December 28th, 2009

In Indiana gambling laws state that casinos can only operate on riverboats. It’s a law that has served the state well over the years. Patrons from the state and neighboring states travel to visit the riverboats and enjoy gambling in a novel way. There are changes to the state laws coming though. Lawmakers are looking to discuss the possibility of changing the state law tying gambling and riverboats together. They are now looking to allow a new land-based casino to be built in downtown South Bend.

There are several groups pushing for the move to build the new casino. They are citing its possibility of reinvigorating the economy and bringing millions into the state’s budgets. Another repercussion of the move would be to create jobs for the local economy. Many people are unemployed in the state and this is one of the biggest advantages legislators are advertising and promoting. Gaming analyst Steve Schwartz said, “Right now, there are several different groups who want to bring land-based casinos to Indiana. If the state laws change, these groups had better move quickly or they are going to lose out on licensing.” 

Despite a strong push for the move, like with other states there is an opposing side that sees the new land-based casino as a bad move. One of their biggest arguments is that South Bend is a financially risky area for a casino. Analysts are citing that there are more financially sound areas of the state where it would make more fiscal sense to build in.

At this time Indiana has eleven riverboat casinos but more than a few are citing bad location as their number one problem. Some are even petitioning the state to allow them to relocate to inland areas. Though legislators have thus far denied the requests, they still are working to build up their case for the moves. Another issue that is weighing heavily on the state is building a land-based casino that could potentially infringe on the daily routines of locals. Many are worried that having a land-based casino in the area would congest roads, bring in crime and bring in more need for addiction services.

Indiana Looks to Keep Casino Industry Strong

Saturday, December 26th, 2009

In today’s world legislators are looking for more revenue. The recession was hard on almost every state and most are fighting with a huge deficit and shortfall in funding. How to bring more money into the state is a primary issue that legislators are wrestling with. Gambling is quickly becoming one of the go-to solutions for problems. It’s no secret that gambling is a billion-dollar industry and the money legislators need to thrive may be tied to allowing gambling’s legalization.

Indiana is another state wrestling with how to keep their casino gambling industry alive. Legislators just put together a study of different aspects of gambling within the state. One of the answers found by the research was that riverboat casinos could be moved inland. This would keep people who want to gamble from having to go to other neighboring states to do so. Senator Luke Kenley said, “As in any other industry, particularly those that cater to retail consumers, it’s all about location. We think their ability to go to a better location would increase their volume and the amount of business they could do.”  Along with other lawmakers, Kenley believes that moving riverboats is a positive move that could elevate gambling revenues and give people what they want in the state.

Despite its advantages, moving the riverboats is quite a task. The study showed that every riverboat that is moving should have a state-instituted fee that they have to submit prior to the change of location.  The study confirmed that tax rates will remain the same for riverboat casinos.
Indiana lawmakers have had to revisit their gambling laws because of increased competition from neighboring states. Ohio, in particular, is going to make a big jump into the casino industry, with four casinos planned, one each in Columbus, Cleveland, Cincinnati, and Toledo. The four neighboring casinos are new and planned as state-of-the-art facilities that should being in millions of residents not only of Ohio, but of all neighboring states. It will be difficult for any state to compete with the new fabulous four casinos and for any state that wants to remain competitive, they need to come up with a plan.