Indiana Advances Competitive Bid Plan For Casino License Reallocation

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Indiana lawmakers advanced an amendment to House Bill 1038 that would let the state reallocate the Rising Star Casino license from Ohio County to one of four inland markets, Allen, DeKalb, Steuben or Wayne, by putting the existing authorization up for competitive bids among current license holders.

Indiana as a Casino Licence Reallocation

Key Takeaways:

  • Indiana lawmakers propose a Rising Star Casino license reallocation through a competitive bidding process.
  • The measure aims to boost northeastern Indiana economies with steep development and payment requirements.
  • Bidders must secure local support, with application process opening in October 2026 and decisions by April 2027.

Casino License Reallocation Draws Inland Bidders

Interest from potential host counties is intensifying as lawmakers weigh reallocating the Rising Star license. Wayne County has approved a $30,000 lobbying contract to press its case for inclusion, while an Indiana Gaming Commission-commissioned study has flagged downtown Indianapolis and a northeast Indiana site near Auburn in DeKalb County as leading relocation contenders based on projected revenue and tax gains. 

“The existing casino license, currently located in Rising Sun, will essentially be put up for bid … we can say we are not expanding gaming. We’re relocating an existing license through that competitive process,” Rep. Ethan Manning said when outlining the change, per World Casino Directory. 

The measure would require bidders to secure written support from the host county commission and the city’s mayor before proceeding. 

High Investment Thresholds Set to Filter Serious Operators

The proposal sets steep development and payment terms to deter marginal bids: a minimum $500 million investment in a resort and non‑gaming amenities with 60% spent in the initial construction phase, a $50 million license fee paid to the state over five years, and a $30 million payment to Rising Sun and Ohio County to offset lost local tax receipts.

The Indiana Gaming Commission would begin accepting casino reallocation applications on October 1, 2026, publish submissions by January 15, 2027, and issue decisions by April 15, 2027. 

Supporters argue the shift could revitalize northeastern Indiana economies; critics and local officials warn the amount offered may not replace annual revenues and urge protections for the riverfront site.