About a year and a half ago, the Pokagon Native American tribe opened a casino in South Bend, Indiana. It’s proved to be a massive success, bringing in millions of dollars for both the tribe and the state. This week, the Pokagon tribe announced that it’s ready to expand the Four Winds Casino in Indiana.
It’s exciting news for gambling fans in this state. The upcoming expansion will add a number of new features to this popular gambling establishment. Today, we’ll look at what’s coming here. First, let’s take a look at the current set of gambling laws in Indiana.
Indiana’s Gambling Laws, Explained
Indiana is known for having a fairly liberal set of gambling laws. Most traditional forms of gambling are allowed here, including casino gaming and the lottery. Today, there are 13 casinos located in this state, along with 2 “racinos.”
Many of the gambling venues in this state are riverboat casinos. In recent years, a few land-based casinos have also begun operating here. Most of these casino venues offer a huge range of different slots and table games.
Indiana has also begun regulating the sports betting industry. After PASPA was struck down in May of 2018, lawmakers here began pushing for legalized sports gambling options. A bill was approved in May of this year. On September 1st, several casinos here began officially offering sports betting odds to their patrons.
Politicians in this state recognize the huge revenue potential from the gambling industry. The Four Winds Casino in Indiana is generating serious revenue in its short time of operating. Now, the Pokagon tribe is set to expand this casino.
Four Winds Casino in Indiana is Getting Bigger
The Pokagon Native American tribe was initially hesitant to open their casino in South Bend. There were concerns over how profitable a gambling venue would be in this area. The tribe considered building a hotel with the casino, yet eventually scrapped the plans in order to gauge how successful it would be.
Now, after one and a half years of operating, the Four Winds Casino in Indiana is set to expand. Officials in the Pokagon tribe have confirmed that they are ready to open a hotel. According to these officials, the hotel will be luxurious, featuring 83 suites, a spa, convention center, bar, and an outdoor rooftop swimming pool.
The tribe is also working hard to expand the casino’s list of gambling options. They’ve reached out to the state, asking permission to begin offering traditional table games such as blackjack, as well as a land-based sportsbook.
Frank Freedman, CEO of the Four Winds Casino, commented on the move to add table games and sports betting options to the media this week.
“They’re two independent projects,” Freedman said. “This was probably two and a half years of planning. Table games and any other games that we don’t currently have just adds to our portfolio, so sure, it would help.”
We’ll need to wait and see how the state proceeds. Hopefully, this popular gambling venue can begin offering more options to its patrons.
Gambling Revenue Increases in Indiana
Many states around the country are beginning to embrace the gambling industry. Casino gambling and sports betting are bringing several states millions of dollars every single month. New Jersey, which now offers sports betting and casino gambling, earned $39.3 million in total gambling revenue in July from taxes.
Indiana is seeing some revenue increases of its own. In August, this state earned $35,955,839 in taxes from casinos. For most of 2019, gambling revenue has increased here.
Interestingly, not everyone is convinced that sports betting will bring in the big bucks here. Sports gambling is taxed at 9.5% in Indiana. Unfortunately, not all of the casinos in this state operate sportsbooks. It may be years before the sports betting industry begins bringing the state major revenue.
The Four Winds Casino in Indiana will soon expand. Whether or not lawmakers will allow the casino to offer more gambling options is unknown. Make sure to stay tuned for updates over the next few months!