Gaming matters bill clears conference committee

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The bill that could bring a casino to Terre Haute cleared a joint conference committee meeting at the Statehouse on Monday.

Going forward, the bill will be House Bill 1015, a change necessary due to tax provisions included in the bill’s text.

The license transfer fee for Spectacle Entertainment is now $20 million, and the fee for Terre Haute receiving the license is $2 million.

Mobile sports betting returned to the bill.

There is no longer any language including a Vigo County Advisory Board, but there is still language including Terre Haute as the destination for the second Gary casino license.

“Still would be a referendum in Vigo County…. we are going to require that Gary give up a license for that license to move to Terre Haute when the new facility opens, the Commission says they have to have that license upon the new facility in Terre Haute opening,” said Sen. Mark Messmer. 

The current Gary license owner will receive a $40 million tax cut over several years in exchange for sacrificing the license, and Gary will share hold harmless payments for four years to Hammond, East Chicago and Michigan City. 

The bill now will go before the full House and Senate for a vote and then will head to Governor Holcomb’s desk. Legislators have set a deadline for Wednesday night. 

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