Indiana Regulator Fines Caesars $1 Huge number of, Approves Centaur Casinos Purchase

Indiana Regulator Fines Caesars $1 Huge number of, Approves Centaur Casinos Purchase

The Indiana Games Commission all approved Monday the offered acquisition of two state racinos by Caesars Entertainment Corp., but fined the Vegas gaming gigantic $1 , 000, 000 over their threats for you to nix a different project around Indiana as a result of dispute using local government bodies.

Caesars launched last drop that it would definitely purchase the Hoosier Park racino in Anderson and the Indianapolis Grand racino near Shelbyville from Centaur Gaming for the total amount for $1. 8 billion . Gaming regulators voted 5-0 in favor of the offer during their Wed meeting. When complete, the particular transaction will likely make Caesars the best commercial game playing operator while in the state utilizing four components. The company definitely owns the particular Horseshoe Hammond and Horseshoe Southern Indianapolis riverboat casinos in the condition.

During the Thursday night meeting, the particular Gaming Payment also publicised that Caesars would be recommended to pay some sort of $1-million very good for violent to terminate the $90-million relocation for Horseshoe Lower Indiana on to nearby freehold.

Local media outlets said earlier this year, citing electronic mails between Caesars and the Indiana Gaming Compensation, that the owner disputed some $50-million service charge required to come to be paid by simply Centaur for any change associated with ownership with the above-mentioned a couple gaming components. Continue reading “Indiana Regulator Fines Caesars $1 Huge number of, Approves Centaur Casinos Purchase”