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Indiana committee advances online casino and lottery bill by 9-2

Regulation

Indiana’s House Public Policy Committee advanced House Bill 1432 by a 9-2 vote, sending it to the House Ways and Means Committee. The bill proposes online casino licences for $500,000, online lottery sales and an increase in the online sports betting tax rate from 9.5% to 20%; the proposed casino tax would move from 26% to a 22%-30% tiered structure in July 2026. Churchill Downs and Penn Entertainment argued that online gaming could divert revenue from land-based casinos.

The bill could alter Indiana’s online gambling, lottery and sports betting rules, including operator licensing costs and tax rates.

End-of-day close Churchill Downs (CHDN), USD, to 17 March 2025
Story date17 December 202417 March 2025

Latest reported results

Churchill Downs NASDAQ: CHDN

Quarter ended 30 September 2026

Revenue
USD 696.0m10-Q filing 0000020212-26-000084
Operating income
USD 143.0m10-Q filing 0000020212-26-000084

PENN Entertainment NASDAQ: PENN

Quarter ended 30 September 2026

Revenue
USD 1.84bn
Operating income
USD 127.3m10-Q filing 0000921738-26-000028

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DC Lottery director joins NASPL executive committee as Region II vice-president

DC Lottery Executive Director Randy Burnside was elected NASPL’s Region II vice-president at its September 2026 membership conference. The role represents lottery organisations in seven US states, Quebec and the District of Columbia, according to the announcement.

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