Taxes from Indiana casinos down 33%

Major source in tax revenue for Indiana has taken a big hit in the last decade. Recent data over the state’s budget and revenue collection is showing some deficit. Along with that are numbers showing loss of casino tax revenue according to Senate Appropriations Chairman Luke Kenley:

Adding to Kenley’s concerns are trends in gaming tax revenues collected form the state’s 11 casinos, which have been steadily dropping from a $900 million peak a decade ago. It’s now down less than $600 million a year.

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