Taxes

The casino industry provides significant dollars through wagering taxes, supplemental (admission) wagering taxes, and sports wagering taxes. Since inception through June 2024, Indiana casinos have paid over $17.9 billion in wagering, supplemental, and sports wagering taxes.

Wagering Tax

The wagering tax is 22.5% of a casino’s adjusted gross revenue, paid daily for casinos that cruise. Currently, there are no boats cruising. For dockside casinos, a graduated tax scale is utilized (HB1001 (ss) effective 7/1/02):

**The lowest bracket of the wagering tax rate schedule for casinos that had less than $75,000,000 of adjusted gross receipts during the preceding state fiscal year is 5% instead of 15%. Imposes an additional tax of $2,500,000 if the casinos taxed under the alternative schedule receive adjusted gross receipts exceeding $75,000,000 in a particular state fiscal year.

Racino Wagering Tax

The wagering tax is 22.5% of a casino’s adjusted gross revenue, paid daily for casinos that cruise. Currently, there are no boats cruising. For dockside casinos, a graduated tax scale is utilized (HB1001 (ss) effective 7/1/02):

The state of Indiana’s portion of the wagering tax goes to the Build Indiana Fund for capital improvements throughout the state and to reduce the state auto excise tax. Wagering taxes are paid “off the top,” before employees, vendors, operating costs and normal business taxes, etc. are paid.

Supplemental (Admission) Tax

The supplemental (admission) tax in Indiana is $3 per person. $1 goes to the State of Indiana, $1 to the Host City, and $1 to the Host County.

The state’s portion of the supplemental (admission) tax is distributed to the Indiana General Fund, Mental Health Fund and Indiana State Fair Commission. Supplemental (Admission) taxes are paid “off the top,” before employees, vendors, operating costs and normal business taxes, etc., are paid.