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Indiana Casinos

In June 1993 Indiana became the sixth state to legalize riverboat gambling. All of the state’s riverboat casinos offer dockside gambling and, unless otherwise noted, are open 24 hours. The minimum gambling age is 21.

Following is information from the Indiana Gaming Commission regarding average slot payout percentages for the one-year period from July 1, 2007 through June 30, 2008:

CASINO	PAYBACK %
Grand Victoria	92.57
Blue Chip	92.13
Horseshoe S. Indiana	91.10
Argosy	92.07
Belterra	92.00
Majestic Star	91.68
French Lick	91.53
Majestic Star II	91.49
Casino Aztar	91.02
Horseshoe Hammond	90.77
Ameristar	90.41

These figures reflect the average percentage returned by each casino for all of their electronic machines including slot machines, video poker, video keno, etc. Please note that the statistics for Ameristar only reflect one month of payback because it was formerly known as Resorts East Chicago and it was bought out in late May, 2008.

Unless otherwise noted, all casinos offer: blackjack, craps, roulette, slots, video poker, video keno and Caribbean stud poker. Optional games include: baccarat (B), mini-baccarat (MB), poker (P), pai gow poker (PGP), three card poker (TCP), four card poker (FCP), Spanish 21 (S21), big 6 wheel (B6) and let it ride (LIR). The minimum gambling age is 21.

If you want to order a drink while playing, be aware that Indiana gaming regulations do not allow casinos to provide free alcoholic beverages.

NOTE: If you happen to win a jackpot of $1,200 or more in Indiana, the casino will withhold 3.4% of your winnings for the Indiana Department of Revenue. You may, however, be able to get some of that money refunded by filing a state income tax return. The $1,200 threshold also applies to any cash prizes won in casino drawings or tournaments.

For more information on visiting Indiana call (800) 289-6646 or visit their web site at www.enjoyindiana.com

Pari Mutuels

In April 2007, the Indiana state legislature authorized the state’s two horse tracks to have up to 2,000 electronic gaming machines.

Hoosier Park opened in late May 2008 and Indiana Live opened the following month. From their inital opening dates through July 30, 2008 the average gaming machine at Hoosier Park returned 91.54% and at Indiana Live the average was 91.56%.

Shown below is a list of all Indiana casinos and racinos. Click on a casino name to see a page of detailed information about that particular gaming venue.

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Did You Know

The FBI estimates that more than $2.5 billion is illegally wagered annually on March Madness each year. Comparatively, sports book operators estimate $80 million to $90 million – less than 4 percent of the illegal take – is wagered on the tournament legally through Nevada’s 187 sports books. According to the NCAA, more than 10 percent of Americans participate in March Madness “office pools.”

The top 7 gaming markets in the U.S. and their annual revenues in 2007 were

Las Vegas Strip $6.750 billion
Atlantic City, N.J. $4.921 billion
Chicagoland, Ind./Ill. $2.602 billion
Connecticut $1.685 billion
Detroit $1.335 billion
Tunica/Lula, Miss. $1.243 billion
Biloxi, Miss. $1.007 billion

More bets are placed on the Super Bowl than on any other sporting event of the year, including March Madness.

Coming in at #2 last year was the Kentucky Derby

The 2007 Super Bowl marked the second biggest Super Bowl revenue for the Nevada Sports Books ever, with gross revenue for the weekend reaching $12.9 million. Approximately $93 million was wagered on the Super Bowl in the state’s sports books in 2007, according to the Nevada Gaming Control Board.

In the 12 states with commercial casinos in operation in 2007, casinos contributed $5.79 billion in tax revenue to state and local governments, a 11.3 percent increase over 2006

In 1989 The Mirage Hotel & Casino Resort opened in Las Vegas and it began the tradition of the destination casino resort. When it opened, the Mirage was the most expensive hotel casino ever built, with construction costs of $630 million. It featured more than 3,000 rooms and headliner attractions such as Siegfried and Roy's magic show.

Slots and other electronic gaming machines generate about 65% of the gaming revenues for the average U.S. casino.

Blackjack is the most popular table game in U.S. casinos.

There are 11 states with "racinos" - racetracks with a casino - Delaware, Florida, Iowa, Louisiana , Maine, New Mexico, New York, Oklahoma, Pennsylvania, Rhode Island and West Virginia.

Of the total amount bet on the Super Bowl, only about 1.5 percent is wagered legally; these bets are made by those over age 21 and physically present in the state of Nevada.