1 00:00:00,120 --> 00:00:03,320 Speaker 1: Two words, nudge downtown casino. 2 00:00:05,080 --> 00:00:09,440 Speaker 2: Man. Okay, what we kind of mentioned this a little 3 00:00:09,440 --> 00:00:11,360 Speaker 2: bit why you were gone last week. 4 00:00:11,200 --> 00:00:13,680 Speaker 1: And I've got an update on that because I heard 5 00:00:13,680 --> 00:00:16,000 Speaker 1: that segment and I was laying on the beach listening. 6 00:00:15,720 --> 00:00:18,639 Speaker 2: To Okay, oh really laying on the beach listening to 7 00:00:18,680 --> 00:00:22,360 Speaker 2: the Okay, what's the update, because I just I can't 8 00:00:22,400 --> 00:00:23,280 Speaker 2: see it happening. 9 00:00:23,360 --> 00:00:26,599 Speaker 1: Well, first, let's reset. Okay, So this study came out 10 00:00:26,680 --> 00:00:31,080 Speaker 1: last week. Uh, the Indiana Gaming Commission identified downtown Indy 11 00:00:31,360 --> 00:00:35,960 Speaker 1: as a top location where a relocated casino could go 12 00:00:36,000 --> 00:00:43,360 Speaker 1: to a relocated license. So the update is, according to 13 00:00:43,360 --> 00:00:49,400 Speaker 1: the IBJ, this might have come because Boss hog Set 14 00:00:49,520 --> 00:00:53,720 Speaker 1: really wants that soccer stadium in town, and they're thinking 15 00:00:53,760 --> 00:00:58,040 Speaker 1: that a casino downtown Indy, if they doctor the tax 16 00:00:58,120 --> 00:01:01,240 Speaker 1: revenue the right way, would pay for not only upgrades 17 00:01:01,240 --> 00:01:04,959 Speaker 1: to Lucas Oil Stadium, but would fund the soccer stadium 18 00:01:05,000 --> 00:01:08,920 Speaker 1: as well. Because Boss hogg Set he's got a you 19 00:01:09,040 --> 00:01:11,399 Speaker 1: know what for trying to get this soccer thing rolling, 20 00:01:12,000 --> 00:01:14,479 Speaker 1: because he wants to have some sort of legacy in 21 00:01:14,480 --> 00:01:18,319 Speaker 1: this city that doesn't involve potential trips to rehab and 22 00:01:18,800 --> 00:01:23,479 Speaker 1: slurring a speech. So he's all in on this professional 23 00:01:23,520 --> 00:01:25,800 Speaker 1: soccer league team, but it sounds like right now he's 24 00:01:25,840 --> 00:01:28,839 Speaker 1: having a hard time finding backers to build a stadium, 25 00:01:29,360 --> 00:01:32,000 Speaker 1: and there probably won't be a lot of support from 26 00:01:32,000 --> 00:01:35,520 Speaker 1: the public in terms of public money. So this is 27 00:01:35,520 --> 00:01:39,040 Speaker 1: probably where the pressure's coming from. According to the IPIBJ, 28 00:01:39,720 --> 00:01:43,920 Speaker 1: tax revenue from a new casino downtown would pay for 29 00:01:44,000 --> 00:01:48,480 Speaker 1: potential upgrades to Lucas Oil Stadium and the soccer stadium. 30 00:01:48,600 --> 00:01:53,320 Speaker 2: Okay, so what about the horse track. Who's your parking 31 00:01:53,480 --> 00:01:55,640 Speaker 2: Anderson in the Horseshoe in Shelbyville. 32 00:01:56,200 --> 00:02:00,400 Speaker 1: So here's where they're going to be at here one 33 00:02:00,400 --> 00:02:03,840 Speaker 1: of them transfers their license, which that's what it would take, 34 00:02:04,000 --> 00:02:08,880 Speaker 1: whether it's Shelbyville or Anderson, maybe both, it's the same ownership. 35 00:02:08,919 --> 00:02:12,680 Speaker 1: That's a lot of legal stuff right there. But if not, 36 00:02:13,280 --> 00:02:16,280 Speaker 1: those horse racing tracks, they're going to lose a lot 37 00:02:16,320 --> 00:02:21,040 Speaker 1: of money because Indianapolis residents, they're the ones that predominantly 38 00:02:21,040 --> 00:02:24,480 Speaker 1: go to Shelbyville and Anderson. When those places first opened up, 39 00:02:24,720 --> 00:02:27,720 Speaker 1: they were taxed through the roof by the state of Indiana. 40 00:02:28,000 --> 00:02:31,840 Speaker 1: Because all of the casino gaming lobbyists that work with 41 00:02:31,880 --> 00:02:34,239 Speaker 1: the river boats and everybody at North said, hey, wait 42 00:02:34,280 --> 00:02:36,440 Speaker 1: a minute here, nobody if am Indy's going to come 43 00:02:36,480 --> 00:02:38,639 Speaker 1: down here, if they can just go to these places, 44 00:02:39,120 --> 00:02:41,920 Speaker 1: that's why they were taxed to hell and both of 45 00:02:41,960 --> 00:02:44,320 Speaker 1: them had to go through Chapter eleven. There was no 46 00:02:44,440 --> 00:02:47,840 Speaker 1: way those places were going to pull the numbers these 47 00:02:47,919 --> 00:02:50,760 Speaker 1: lawmakers thought they were going to pull. I was there 48 00:02:51,000 --> 00:02:54,640 Speaker 1: in Shelbyville working when they went through their bankruptcy hearing, 49 00:02:54,880 --> 00:02:57,600 Speaker 1: and it wasn't because they weren't successful. But the idiots 50 00:02:57,600 --> 00:02:59,680 Speaker 1: that put the tax plan together thought it was going 51 00:02:59,720 --> 00:03:02,760 Speaker 1: to look like Times Square New Year's Eve, three hundred 52 00:03:02,760 --> 00:03:05,120 Speaker 1: and sixty five days a year. And I got news 53 00:03:05,120 --> 00:03:08,440 Speaker 1: for you Wednesday night at Shelbyville at one in the morning. 54 00:03:08,560 --> 00:03:09,560 Speaker 1: Does it look like that? 55 00:03:09,880 --> 00:03:11,760 Speaker 2: Hey, you work there, you would know, right. 56 00:03:12,240 --> 00:03:15,320 Speaker 1: So that's what's gonna be interesting. Either the horse tracks 57 00:03:15,560 --> 00:03:20,200 Speaker 1: Anderson and Shelbyville just hemorrhage money and lose anywhere from 58 00:03:20,280 --> 00:03:23,839 Speaker 1: like ten to seventeen million dollars a year, or they 59 00:03:23,880 --> 00:03:28,880 Speaker 1: find a way to try to transfer that license to Indianapolis. Gotcha, 60 00:03:29,160 --> 00:03:30,080 Speaker 1: that's the update. 61 00:03:30,160 --> 00:03:30,680 Speaker 2: Let's do it. 62 00:03:30,800 --> 00:03:33,359 Speaker 1: But this all reeks of boss hawk Set. That's why 63 00:03:33,360 --> 00:03:36,640 Speaker 1: I'm a little leary nobody wants a downtown casino, probably 64 00:03:36,680 --> 00:03:40,520 Speaker 1: more than I do. But I'm a little leary from 65 00:03:40,520 --> 00:03:44,040 Speaker 1: the fine people that bring you government funded hotel, letting 66 00:03:44,080 --> 00:03:46,200 Speaker 1: them get involved in something else down Hey man, I 67 00:03:46,240 --> 00:03:50,600 Speaker 1: walked right past that thing to the cold tailgate last Sunday. 68 00:03:50,680 --> 00:03:53,800 Speaker 2: That's it's looking mighty fine. It's going up at a 69 00:03:53,920 --> 00:03:57,560 Speaker 2: rapid pace, right and listen, I gotta say something here. 70 00:03:57,880 --> 00:04:00,960 Speaker 2: Out on Monument Circle, it looked like they might be 71 00:04:01,200 --> 00:04:04,360 Speaker 2: almost done with the steps. I was going to say, 72 00:04:04,360 --> 00:04:08,520 Speaker 2: because they got to be done before the Thanksgiving day, 73 00:04:08,800 --> 00:04:10,120 Speaker 2: you know, Christmas tree lighting. 74 00:04:10,200 --> 00:04:13,040 Speaker 1: Right right, I don't see the portal lets anymore. I 75 00:04:13,800 --> 00:04:16,240 Speaker 1: don't see the tent that was just moving from side 76 00:04:16,279 --> 00:04:20,560 Speaker 1: to side, the trash can that had been there for months. 77 00:04:20,640 --> 00:04:23,320 Speaker 1: It's all gone right now, So we'll see what happens