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Indiana Regulators Cool to Satellite Casino Idea

INDIANAPOLIS, Indiana – As reported by the Indiana Courier-Journal: "State gambling regulators said yesterday that a company proposing to broadcast casino games from Indiana probably couldn't be licensed to do business in the state and might not be able to find a willing casino partner anyway.

"In a report requested by legislators, the Indiana Gaming Commission did not explicitly endorse or dismiss Kenilworth Systems Corp.'s proposal to make Indiana casino games available to households in other states and countries.

"But the commission made it clear that the offer presents significant hurdles, despite a promise of millions of dollars -- even as much as $1 billion annually -- for state government.

"…Also, the commission said that Kenilworth failed to provide much of the information requested, making it difficult for the staff to evaluate the financially troubled company in full.

"…Earlier this year, Kenilworth quietly proposed to broadcast an Indiana casino's roulette wheel, baccarat and other games to gamblers' homes through a microprocessor on a TV-top box or to racetracks, off-track betting parlors, lottery locations, hotels or other sites that another state or country might authorize.

"…Kenilworth offered to give the state 2.5 percent of its revenue from wagers -- before expenses -- with an annual maximum of $1 billion…"

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