INDIANAPOLIS–A new study commissioned by the Indiana Gaming Commission identified downtown Indianapolis as the top location for a potential relocated casino, projecting it could bring in almost half a billion dollars in revenue annually and more than $170 million in state tax receipts.

The findings, presented Wednesday to the State Budget Committee, come from a 45-page analysis by Spectrum Gaming Group.

The firm was hired in response to Senate Enrolled Act 43 — passed during the most recent legislative session — which called for the state to commission an independent study by Nov. 1 to identify and assess the top two regions in Indiana where a casino license to operate a riverboat could be relocated.

“The statute was very direct,” Indiana Gaming Commission Executive Director Joe Hoag to

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