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Slot Machine Sessions

Indiana’s 115th legislative session is coming to a close at the end of this month, and they have a lot to get accomplished before they end. Senator Tim Lanane said that they have much to do on the budget, property-tax reform, and of course slot machines before they can take a well earned rest.

Whether or not slot machines are going to get approved at their race tracks is going to take up a lot of their time. There are just as many in favor of the slot machines as there are against them, so lawmakers have their work cut out for them. As they try and decide whether or not to allow the slot machines, they have been inundated with residents trying to put in their two cents as to whether or not they want them.

Just last week House Bill 1835 went back to the House to enter conference committee hearings after the Senate made their changes to it. If they decide to approve the slot machines, the horse racing parks would be allowed to bring in 1,500 slot machines to each location.

Both Hoosier Park in Anderson and Indiana Downs in Shelbyville are excited at the fact that they might get approved for the slot machines. The current licensing fee is $400 million per track, however, which is a bit steep for the locations. The money would go to tax relief, but they are still negotiating as to what the final up front fee would be.

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