Bridge Closure Affecting Casino Receipts, Philanthropy

From the Associated Press

The shutdown of the Sherman Minton Bridge has reduced profit-sharing revenues paid by a southern Indiana casino to two counties and will delay officials from paying $8 million to a foundation.

Horseshoe Southern Indiana Casino paid Harrison and Floyd counties a combined $1.1 million from August’s receipts. The Courier-Journal reports the total payment for September dropped 13 percent to about $985,000.

Officials anticipated the casino payments would decline after the Sept. 9 shutdown of the bridge.

They also had anticipated replenishing the Harrison County Community Foundation fund by this month following an $8 million grant to a local hospital, but they now say that will likely take until January.

Repairs to the Sherman Minton Bridge are expected to be completed by early March.