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Vigo’s meals and beverage revenues proceed to develop | Native information

Meals and beverage tax collections are up from a yr in the past and with a brand new on line casino below building in Terre Haute, income is predicted to stay robust, stated Jason Semler, a accomplice at accounting agency Baker Tilly.

Semler informed the Vigo County Capital Enhancements Board on Wednesday that meals and beverage income for the primary six months of this yr, in comparison with the primary six months of 2021, was up 17 %, or about $215,000.

“And receipts for June have been about $260,000, in comparison with final June, which was about $229,000,” Semler stated. “Income remains to be robust.”
Commissioner Chris Switzer, a member of the Capital Enhancements Board, informed board members that by means of discussions with Churchill Downs Inc., the on line casino firm has agreed to cut back the dimensions of its occasion room at its Queen of Terre Haute On line casino Resort from a capability of roughly 500 individuals to about 200 individuals.

“When Churchill Downs filed its on line casino software with the state, it confirmed an occasion house that would seat 500 individuals, perhaps 300 with tables. We have been involved about that as now we have a $30+ million publicly funded challenge with the downtown conference middle and the way [the casino resort’s event room] that will have an effect on that,” Switzer stated after the assembly.

County commissioners raised that concern final yr in a written response to the Indiana Gaming Fee, Switzer stated.

“So Churchill went again and reduce it all the way down to 300,” Switzer stated. “We respect that, however a few of us on the CIB do not feel like that will be sufficient of a discount. We did categorical our concern of competing with the conference middle in order that they stated Tuesday they might attempt to restrict the utmost ballroom house to 200…and transfer ahead attending to the conference middle with no matter dimension occasion they want that may be dealt with on the conference middle. .

“Hopefully, they may look to the conference middle for no matter goal they see match,” the commissioner stated. “It must be an incredible affiliation. We are going to see.”

Tennille Wanner, normal supervisor of the Terre Haute Conference Heart for OVG360, previously Spectra Venue Administration, stated the conference middle and on line casino are a super partnership.

“I feel inevitably I feel we’d at all times have a partnership, even when they’ve a bigger [event] house. I feel for us, the on line casino is a giant promoting level as a result of [convention] attendees need issues to do, whether or not it is for the household or for adults,” Wanner stated after the assembly.

A on line casino “is at all times one thing we are able to promote and need to promote. Come right here now we have all this stuff and now we have a on line casino. Folks need a nightlife they usually need leisure. And if there’s a [casino] shuttle service, that is one other checkbox” for attracting guests, Wanner stated.

“We’d hope to host occasions that may spill over into each locations,” he stated.

Wanner informed the CIB that the conference middle thus far for 2022 has 27 occasions outlined, representing 470 resort rooms, with gross receipts of $170,012, with an extra 13 occasions which have contracts submitted for signings, representing 521 resort rooms. and $123,775 in gross receipts. . Moreover, the conference middle has 18 proposals submitted, which if signed, symbolize 115 resort rooms and $149,404 in gross receipts.

For occasions from 2022 to 2024, the conference middle has $791,161 in outlined enterprise as of the tip of Could.

Reporter Howard Greninger could be reached at 812-231-4204 or [email protected] Observe on Twitter @TribStarHoward.

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