From a lengthy article in the Indianapolis Business Journal:
A tribal casino planned for northern Indiana could deal a serious blow to established competitors, as well as to an important source of state tax revenue.
The Pokagon Band of Potawatomi Indians’ plans for 164 acres in South Bend are also years from fruition, giving state lawmakers—and the next governor—plenty of time to respond.
The plans came to light in late August, after the Bureau of Indian Affairs filed a notice of its intent to begin environmental studies as part of its determination of whether to take the land into trust. If that happens, the land would come off the tax rolls, and the band could negotiate a compact with the state on a casino offering slot machines and table games.
“This is going to be a dominant property, and it’s going to be a dominant property that’s not going to have to pay state taxes,” said Ed Feigenbaum, publisher of the Indiana Gaming Insight newsletter. “Obviously, from their perspective it’s a great idea.”
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See the full article here:
http://www.ibj.com/article?articleId=36524
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