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Shake that money tree

Juxtaposition of the day. First, from the world of sports:

Hoosier Hysteria is back -- and Indiana University is the big winner even before the first tip-off in a tournament game.

The resurgence of IU's men's basketball team the last two seasons has driven an increase in donations, boosted royalties for IU-licensed merchandise and led to the highest number of student season-ticket basketball packages sold in three decades, The Indianapolis Business Journal reported.

IU's reversal of fortune makes the struggles under sanctions imposed by the NCAA for violations under former coach Kelvin Sampson seem a distant memory for many fans.

And from the state-approved gambling front:

Despite plummeting tax revenues from Indiana’s casino industry, key state officials remain unwilling to gamble on any expansion of the state’s gaming options.

Facing increasing competition from gambling in neighboring states, the annual revenue Indiana collects from its 11 casinos and two racinos has dropped by about $46 million over the past three years. The state collected $829 million in gaming revenues in 2012, a number projected to continue to decline.

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