Fort Wayne casino location gets initial committee nod
An Indiana Senate committee approved a bill allowing Rising Star Casino to relocate to Fort Wayne or Allen County.Summary
The Indiana Senate Public Policy Committee voted 8-0 in favor of Senate Bill 70, which would permit Rising Star Casino to move from Ohio County to Fort Wayne or Allen County. The bill, authored by Senator Justin Busch, will be considered by the full Senate in January. Rising Star Casino has experienced declining revenue due to increased competition from casinos in Ohio and Kentucky. Fort Wayne Mayor Sharon Tucker supports the relocation and has an agreement with Allen County Commissioners regarding development funds. A study by the Indiana Gaming Commission identified Indianapolis and northeast Indiana as top relocation candidates, with northeast Indiana posing less risk to existing Indiana casinos. The bill requires a $25 million relocation fee and a minimum $500 million investment in the new location, and includes provisions to mitigate losses for Ohio County, but does not require local voter approval.
(Source：Yahoo! News)