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Indiana's Casino Tax Revenue Falling



Indiana's casino tax revenues fell faster than expected over the past six months, plunging nearly 15 percent.

Increased out-of-state competition and the lingering effects of the recession are blamed.

Indiana has seen a 50-million dollar drop in casino tax revenues since June, compared to last year.

Indiana's three casinos near Cincinnati have seen big declines since a downtown casino opened in Cincinnati last March.