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Indiana Lawmaker Proposes Slot Plan

INDIANA — As reported by the Indianapolis Star: "A key Republican lawmaker will propose his own financial deal to help keep the Indianapolis Colts in town by adding 5,000 slot machines -- all at the state's two horse tracks, but none Downtown.

"The proposal -- made Tuesday as this year's Indiana General Assembly got under way -- would give Indianapolis a cut of the money, but one that falls $16 million a year short of Mayor Bart Peterson's request to finance a new stadium.

"…Rep. Luke Messer, R-Shelbyville, said he will introduce legislation this week calling for 2,500 slots at both Hoosier Park and Indiana Downs with $30 million in annual gambling proceeds for the city and even more for the state. Messer said he's open to a casino in Indianapolis and admits his bill is only a start.

"…Last month, Peterson announced plans for a $500 million, retractable-roof stadium and a $300 million expansion of the Indiana Convention Center. He wants $46 million from pull-tab machines, which resemble slot machines, to help pay for the stadium…"

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