Taxes

The casino industry provides significant dollars through wagering and admission taxes. Since inception through August, 2017, Indiana casinos have paid over $12 billion in wagering taxes and $1.7 billion in admission taxes.

Over $13.7 billion in taxes!

Wagering Tax

The wagering tax is 22.5% of a casino’s adjusted gross revenue, paid daily for casinos that cruise. Currently, there are no boats cruising. For dockside casinos, a graduated tax scale is utilized (HB1001 (ss) effective 7/1/02):

Up to $25 Million 15% **
$25 – $50 Million 20%
$50 – $75 Million 25%
$75 – $150 Million 30%
$150 – $600 Million 35%
Over $600 Million 40%
  • Indiana (75%)
  • Host CIty (25%)

**The lowest bracket of the wagering tax rate schedule for casinos that had less than $75,000,000 of adjusted gross receipts during the preceding state fiscal year is 5% instead of 15%. Imposes an additional tax of $2,500,000 if the casinos taxed under the alternative schedule receive adjusted gross receipts exceeding $75,000,000 in a particular state fiscal year.

Racino Wagering Tax

The wagering tax is 22.5% of a casino’s adjusted gross revenue, paid daily for casinos that cruise. Currently, there are no boats cruising. For dockside casinos, a graduated tax scale is utilized (HB1001 (ss) effective 7/1/02):

Up to $100 Million 25% **
$100 – $200 Million 30%
Over $200 Million 35%

The state of Indiana’s portion of the wagering tax goes to the Build Indiana Fund for capital improvements throughout the state and to reduce the state auto excise tax. Wagering taxes are paid “off the top,” before employees, vendors, operating costs and normal business taxes, etc. are paid.

Admission Tax

The admission tax in Indiana is $3 per person. $1 goes to the State of Indiana, $1 to the Host City, and $1 to the Host County.

The state’s portion of the admission tax is distributed to the Indiana General Fund, Mental Health Fund and Indiana State Fair Commission. Admission taxes are paid “off the top,” before employees, vendors, operating costs and normal business taxes, etc., are paid.

  • Indiana ($1)
  • Host CIty ($1)
  • Host County ($1)