Casino study could help state maximize tax collections

After significant opposition to a proposal that would have relocated the Rising Sun casino license from southeastern Indiana to New Haven, Senate Public Policy Committee Chair Ron Alting decided to pull the legislation. However, the potential for relocation is still alive through Senate Bill 43, which repurposes an earlier bill and seeks to direct the Indiana Gaming Commission to work with an independent research firm to identify two optimal locations in the state for casino license relocation. These locations are expected to include Indianapolis and northeast Indiana. Proponents argue that a well-placed casino could significantly boost tax revenue and economic development, particularly in underutilized regions. Rising Sun, which brought in about $3 million in state tax revenue in 2024, could potentially generate over $65 million annually if moved to New Haven, according to Full House Resorts, writes the Journal Gazette.

Supporters of SB 43, like Rep. Kyle Miller, emphasize the importance of maximizing the state’s casino license assets and ensuring that any relocation plan includes rigorous public input and economic justification. The new proposal would require casino operators to prove financial stability and long-term viability, ensuring that host communities are protected from potential failures. While some critics view physical casinos as outdated in the digital age, advocates believe that a strategic relocation backed by data could enhance state revenues and foster regional development. Public hearings and legislative oversight remain key parts of the process, aiming to balance economic opportunity with community impact.4o