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Indiana Pull-Tab Bill Passes Hurdle15 January 2004INDIANA – As reported by the Indianapolis Star: "The push to bring electronic pull-tab gambling to Indiana gained momentum Wednesday when a proposal to allow the slotlike machines in betting parlors and two horse-racing tracks passed its first legislative hurdle. "The bill would allow both of the state's horse tracks to add 1,000 pull-tab gambling machines to their betting parlors and let the tracks share betting parlors in Indianapolis and Fort Wayne, each of which would get 1,500 gambling machines. "…The pull-tab legislation, which was approved 12-1 by the House Public Policy, Ethics and Veterans Affairs Committee, could mean the difference between failure and survival, track owners say. "…Indiana lawmakers estimate the bill would provide $66 million to the state and more than $84million for local governments. "…Indianapolis and Fort Wayne would share in the profits from the machines, under a provision requiring the tracks to establish revenue-sharing agreements with those cities. "…Counties without riverboat casinos or a horse track also would receive a share of the pull-tab revenue…" |