Indiana Live! Casino and the Indiana Downs racetrack announced Thursday that it has filed for bankruptcy. According to news release on 6 news release, Indianapolis Downs blamed its financial predicament on a $250 million state-mandated license fee and Indiana’s “high statutory tax rate.” Courtesy of theindychannel.com 6 News

Hollywood — Looks like the hits (of a different sort) keep on coming for Toni Braxton. Having just announced the pickup of a reality show, ‘Braxton Family Values,’ comes more news from the ‘Un-break My Heart’ singer.