Key Takeaways
My Recommendations To Indiana On Sports Betting.Sports Betting looks likely to become legal in Indiana; but there are ways that it can benefitexisting casinos and race tracks, while providing as much or more in State taxes. And that would be to let the gaming companies run Sports Betting, but not make it available Online.That would require a NJ citizen to visit a live gaming facility, to bet on game outcomes or themany different types of proposition bets. Even though Online Sports Betting might actually producemore direct taxes, it eliminates the other taxes earned at a live gaming facility, including playat the slots or table games, and rooms and restaurants sales taxes. Plus, by not allowing Sports Betting on phones and computers, we help prevent compulsive gambling, that is potentially catastrophic, if all of the Prop and Game Outcome bets are available at home or work.My congratulations to Caesars on getting the approval to acquire the 2 Centaur tracks. I'm suretheir Caesars players club will be beneficial to Hoosier Park and Indiana Grand members.
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