The Indiana Gaming Commission (IGC) is conducting a disparity study inviting all businesses to share their experiences bidding and contracting with Indiana casinos.
According to WBIW, the 15-minute survey encourages “minority and women-owned businesses and businesses who are ready, willing and able but have not had the opportunity to bid for a casino project” to participate.
The gaming commission will also hold three listening sessions. These three sessions are for businesses to share their thoughts on contracting with the state’s 13 casinos.
Upcoming listening sessions:
- Tuesday, November 15, 4:00 p.m.
- Wednesday, November 16, 12:00 p.m.
- Thursday, November 17, 5:00 p.m.
Another Indiana gaming study
This is the second study in a little over a month commissioned by the IGC.
In October, the IGC hired Spectrum Gaming Group to research the impact of legalizing Indiana online casinos. The report found that if lawmakers approved online gambling, it would not “cannibalize” brick-and-mortar properties.
According to the report:
“Based on the evidence from the states where iGaming has been introduced, there is little, if any, cannibalization of revenue from established casinos. This is particularly true in states where in-person gaming options are easily accessible to most of the population, such as in Delaware and West Virginia.
Based on the results in other iGaming states, Spectrum believes implementing iGaming in Indiana will have little impact on retail casino gaming revenues in the state.”
Indiana casinos still profitable
For the fiscal year ending June 2022, casinos in Indiana collected over $2.5 billion from players, translating into $660 million in tax revenue for the Hoosier State.
Without question, poker, slots and table games have outperformed all other forms of gaming in the state. This includes Indiana sports betting, horse racing and the lottery.
As for the top earner in the state, that title belongs to Hard Rock Northern Indiana in Gary. The casino recently expanded its gaming floor to include 65 new slot machines and 1,240 square feet of gaming space.
Hard Rock has been the top casino earner in Indiana for 12 consecutive months. According to the gaming commission, the casino has pulled in more revenue than all other commercial properties.
Here’s a breakdown of Hard Rock gambling revenue in September:
- $36.6 million in gaming revenue
- $12.7 million table game revenue
- $23.8 million slot machine revenue