The Impact of Indiana Horse Racing on the Indiana Economy, A Preliminary Study‪.‬

INTRODUCTION In 1988, the constitutional ban on all forms of gaming in Indiana was removed with a sixty-two percent majority of Indiana voters. In September, 1994, the first pari-mutuel racetrack opened in the state. The racetrack was a combined facility with a casino. From the beginning of pari-mutuel horse racing in Indiana, legislators displayed the foresight to give this fledgling industry a good head start and a solid foundation as it competed with older, more established state racing programs in other states, by providing a share of casino taxes to subsidize purses for the racetracks. A second racetrack and casino was opened and currently the two racetracks, one in Shelbyville, Indiana an the other in Anderson, Indiana continue to function.