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House Public Policy panel advances amended bill to relocate Rising Sun casino license, adds counties
Summary
The committee approved an amendment to HB 1038 that would relocate (not create) the Rising Sun casino license through a competitive process limited to current Indiana license holders, adding DeKalb, Steuben and Wayne counties; the amendment sets application dates, investment and compensation rules and passed the committee with a 9–1 recorded tally.
A House Public Policy Committee on Thursday advanced an amended version of House Bill 1038 that would allow the existing Rising Sun casino license to be relocated through a competitive process limited to current Indiana license holders and expand the list of eligible counties to DeKalb, Steuben and Wayne.
The amendment — taken by consent and later advanced out of committee — lays out a timeline for the Gaming Commission to accept applications from Oct. 1 through Dec. 1, publish a public summary by Jan. 15, accept supplemental sealed bids if needed, and approve or deny applications by April 15. It preserves the license cap by relocating an existing license rather than creating a new one.
Chairman Manning said the competitive process is limited to current Indiana licensees to allow the commission to complete required vetting in the compressed schedule, and the amendment requires the commission to hire a third-party consultant to determine fair market value for the Rising Sun license if the…
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