Taxes

The casino industry provides significant dollars through wagering and admission taxes. Since inception through May, 2008, Indiana casinos have paid over $5.8 billion in wagering taxes and $1.1 billion in admission taxes.

Over $6.9 billion in taxes!


Wagering Tax


Wagering Tax Distribution

* In the case of Caesars Indiana, the host city's portion of the wagering tax is paid to Harrison County, as Harrison County is designated as the home dock of the riverboat.

• The wagering tax is 22.5% of a casino's adjusted gross revenue, paid daily for casinos that cruise. For dockside casinos, a graduated tax scale is utilized (HB1001 (ss) effective 7/1/02):
• < $25 million - 15%
• $25 - 50 million - 20%
• $50 - 75 million - 25%
• $75 - 150 million - 30%
• > $150 million - 35%
• Wagering taxes are paid "off the top," before employees, vendors, operating costs and normal business taxes, etc. are paid.
• 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.
  
  HB1001 (ss), effective 7/1/02, provides revenue sharing for counties without riverboats. Distributions to host communities are capped at FY02 levels, and a $33 million per year Revenue Sharing Program is created for local Police and Fire Pension Municipal Server and Drinking Water Projects or additional property tax reduction.
  
  Click here for a breakout of the dollars Indiana riverboat casinos have paid to the Build Indiana Fund. For more information about the Build Indiana Fund, contact the Indiana State Budget Agency.

Following are the wagering tax dollars Indiana and riverboat host communities have received from riverboat casino gaming in Indiana.

1996	$74.5 million
1997	$192.5 million
1998	$268.1 million
1999	$311.5 million
2000	$337.7 million
2001	$368.5 million
2002	$436.9 million
2003	$591.7 million FY
2004	$662.4 million FY
2005	$694.7 million FY
2006	$722.0 million FY
2007	$767.8 million FY

Admission Tax


Admission Tax Distribution

• The state's portion ($1) of the admission tax is distributed as follows:

  .65 to the Horse Racing Commission

  .15 to the State Fair Commission

  .10 to the Indiana Division of Mental Health

  .10 to host area convention and visitors' bureaus

• Admission taxes are paid "off the top," before employees, vendors, operating costs and normal business taxes, etc., are paid.
  
  Following are the admission tax revenues the state of Indiana, riverboat host counties and host cities have received from riverboat casino gaming in Indiana.
  

  1996	$29 million
  1997	$74.3 million
  1998	$102.4 million
  1999	$114.1 million
  2000	$115.7 million
  2001	$124.1 million
  2002	$107.7 million
  2003	$78.8 million (FY)
  2004	$79.6 million (FY)
  2005	$80.0 million (FY)
  2006	$81.1 million (FY)
  2007	$83.6 million (FY)