« » »
{{ day.day }} {{ day.day }}

Indiana OTB denied

August 22, 2003

« Return to News
The Indiana Horse Racing Commission voted 3-2 Wednesday (Aug. 20) to deny Indiana Downs’ petition for a Marion County satellite facility. Marion County is where Indianapolis, the state's largest city, is located.

Officials for Indiana Downs were hoping to gain access to the state’s largest market in order to compete with Hoosier Park for riverboat admission tax revenue, which is based on purses.

“We have an obligation to the industry as a whole, as well as the associations,” commission chairman Richard Darko said of the decision. “There is not enough change in the market to demand a change in the condition.”

Although commissioners rejected the petition, they did say it was necessary to revisit riverboat admission tax revenue allocation rules. When Indiana Downs first opened, admission tax revenue was split 50-50 between both tracks. In 2004, revenue will be divided based on a purses generated formula. Without an Indianapolis OTB, track officials say they cannot compete with Hoosier Park for riverboat admission tax revenue.

“It’s not enough to do a good job, you have to make sure your competitor suffers,” stated Indiana Downs attorney Tom McCauley, who says the current rules promote anti-competitive behavior. “That’s the wrong message for an industry that’s already struggling.”

The IHRC could meet as early as September to review the current riverboat allocation rules.
« Return to News