The Indiana Gaming Commission (IGC) is carrying out scrupulous investigations of casino contracts that embed questionable transactions. The Indiana Post Tribune reported that Steve Carter, Indiana Attorney General, is going to be in charge of the investigation of an agreement made by a local casino in East Chicago on behalf of the IGC.
The Twin Cities Foundations and the East Chicago Community Foundation have received since 1994 1 percent of the local casinos revenue. Likewise, a private company called Second Century, has also received 0.75 percent a year of the casinos income. All this has been carried out under a local agreement, which is the agreement that the IGC is willing to investigate, because city officials expressed their concern about the budget spent on salaries, consulting contracts, and the poor amount of grants offered by both foundations.
When the license of the local casinos was transferred to Resorts International from Harrahs Casino in April, Mayor George Pabey, who took office in January, asked the Indiana Gaming Commission to cancel the arrangement. However, the IGC did not do it and instead they transferred the license. Whether the local agreement was legal is still not clear and the issue is still pending in Marion Superior Court.
