1. (a) If the voters of Allen County, DeKalb County, or Steuben County approve inland casino gambling in the county, the commission shall begin accepting applications and proposals for awarding a license to operate an inland casino in the county or counties in which the voters approved inland casino gambling. Any operator of a brick and mortar casino located in the United States may apply for a license to own and operate an inland casino under this chapter by submitting the following to the commission not later than December 1, 2026:

   1. (1) A written application that contains the following information:

      1. (A) The county in which the applicant is proposing to operate an inland casino. For purposes of this clause, the application must select Allen County, DeKalb County, or Steuben County.

      2. (B) Documented and verifiable information describing the following:

         1. (i) The proposed site of the inland casino.
         2. (ii) Evidence of site control or real estate options.
         3. (iii) Conceptual plans for casino and nongaming facilities.
         4. (iv) Estimated construction and total development costs.
         5. (v) A phased investment and construction timeline.
         6. (vi) Market and feasibility information.
         7. (vii) The financial capacity of the applicant.

      3. (C) The applicant's commitment and plan to invest at least five hundred million dollars ($500,000,000) for the development of a casino and nongaming amenities onsite in the county selected under clause (A) in the following manner:

         1. (i) At least sixty percent (60%) of the amount invested in the initial phase of development within two (2) years from the date the license is awarded.
         2. (ii) The remaining amount invested, and the development of the casino and nongaming amenities completed, not later than five (5) years after gaming operations begin at the relocated casino under this chapter.
      4. (D) Any other information requested by the commission.
   2. (2) The local government support documents required under section 3(a) of this chapter.
2. (b) An application submitted under subsection (a) may include financial commitments to the horse racing industry.

3. (c) For purposes of subsection (a), the commission may not accept:

   1. (1) subject to section 5 of this chapter, more than one (1) application from an applicant;
   2. (2) an application that proposes to operate an inland casino in a county other than Allen County, DeKalb County, or Steuben County; or
   3. (3) an application that does not include the information and documents required under subsection (a).

As added by P.L.77-2026, SEC.9.