Move of Fort Wayne Betting Parlor Gains Approval

Move of Fort Wayne Betting Parlor Gains Approval
Created by kmiller on 12/11/2013 8:58:52 AM


FORT WAYNE, Ind. (AP): The Hoosier Park horse track is looking to pull in more gamblers to its Fort Wayne off-track betting parlor with a $2 million project moving it to a new location.
 
The Indiana Horse Racing Commission on Tuesday unanimously approved the Anderson-based track's proposal. The betting parlor will move from its site since 1996 on the city's north side to a New Haven shopping center near a supermarket and a state license branch office.
 
Hoosier Park officials estimate the betting parlor's revenue will jump by 50 percent in two years. Wagering at the Fort Wayne OTB has dropped by about one-third since 2008 to $7.7 million in 2012.
 
Hoosier Park officials say wagering increased after similar changes were made when the downtown Indianapolis OTB was moved.
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