Indiana Casino Revenues Drop 1.5% in June While Senate Keeps Gambling Tax Changes

Revenue from Indiana’s thirteen commercial casinos showed a 1.5% year-over-year decline in June, according to the latest figures. 

The Indiana Gaming Commission has published its monthly report, which shows that the regulated retail casino sector recorded a combined $192.8 million in adjusted gaming revenue during June, compared to a total of $195.7 million in 

June 2024. 

Overall Decline but Some Casinos Show Growth

Seven of the thirteen venues showed a revenue decline year-on-year, which fits with the overall decline. The biggest decline was reported by Hard Rock Northern Indiana, which recorded revenue of $30.8 million in June 2025, compared to $34.3 million last year, representing a decline of 12.3%. 

However, there were some positive figures, with six of the casinos showing revenue growth. Horseshoe Hammond and Belterra reported healthy revenue growth of over 5% year-on-year, while Harrah’s Hoosier Park increased revenue from $18.8 million to $20.6 million, a rise of 10%. 

Senate Blocks Effort to Repeal Gambling Tax Change

Meanwhile, an Indiana lawmaker has played a pivotal role in preserving a gambling tax change that could be bad news for professional gamblers. 

Senator Todd Young blocked a bipartisan attempt to overturn a new gambling tax rule, opposing unanimous consent for a bill proposed by Nevada Senator Catherine Cortez Masto.

Sen. Masto’s proposal aimed to repeal a new rule limiting deductible gambling losses to 90% of winnings. The rule was included in the One Big Beautiful Bill Act, but the measure, which could raise around $1.1 billion over ten years, has been criticized for potentially taxing gamblers even when they break even or lose money.

Speaking about the provision, Sen. Masto warned that the new rule could force gamblers to effectively pay tax on money they don’t have, which could lead to players choosing offshore sites and potentially damage Nevada’s casino sector. 

Sen. Masto’s bill had support from both sides of the aisle, but Sen. Young withheld consent unless an unrelated religious tax exemption was added, which was enough to stop the bill’s progress.

Several lawmakers had admitted they were unaware of the provision’s inclusion in the 940-page bill, which raised broader concerns about the openness of the legislative process.

It’s not the first time in 2025 that Indiana lawmakers have made significant decisions on gambling, with Senator Ron Alting pulling a bill to move a casino license from Rising Sun to New Haven.