Sec. 1. If a licensed owner submits a request to relocate gaming operations under IC 4-33-6-4.5, the commission shall begin accepting applications and proposals for awarding a license to operate an inland casino in Vigo County. The commission shall publish deadlines for submitting an application and proposal under this chapter on its Internet web site. […]
Sec. 2. The commission shall review applications and proposals submitted under section 1 of this chapter and determine the suitability of each applicant. In determining suitability, the commission shall consider each applicant’s financial integrity and the applicant’s ability to operate an inland casino. The commission shall also consider the factors in IC 4-33-6-4. The commission […]
Sec. 3. (a) An application and proposal must include the following information: (1) The name of the applicant. (2) The street address of the applicant’s proposed casino. (3) A description of the proposed gaming facilities and proposed nongaming amenities, including any lodging facilities, dining facilities, and retail facilities, at the proposed casino. (4) The amounts […]
Sec. 4. In determining the applicant best suited for an owner’s license, the commission shall consider: (1) economic benefits; (2) tax revenue; (3) the number of new jobs; (4) whether the applicant plans an investment of at least one hundred million dollars ($100,000,000), with sixty-five percent (65%) of the owner’s proposed investment for the development […]
Sec. 5. The commission: (1) may issue an owner’s license to the person that the commission determines is best suited to hold the license and conduct gaming operations in Vigo County; (2) shall require a person issued an owner’s license under subdivision (1) to promptly deliver to the commission a fee of five million dollars […]
Sec. 6. The commission shall deposit the fee received under section 5 of this chapter in the state general fund. As added by P.L.293-2019, SEC.20.
Sec. 7. The licensed owner of a riverboat operating in Vigo County shall pay: (1) a one (1) time payment of one million two hundred thousand dollars ($1,200,000) within the first year that the licensed owner conducts gaming operations in Vigo County; (2) a one (1) time payment of nine hundred thousand dollars ($900,000) within […]
