Indiana Regulator Fines Caesars $1 Million, Approves Centaur Casinos Obtain

Indiana Regulator Fines Caesars $1 Million, Approves Centaur Casinos Obtain

The very Indiana Playing games Commission with one voice approved Thurs the consist of acquisition of couple of state racinos by Caesars Entertainment Corp., but fined the Sin city gaming huge $1 mil over the threats for you to nix some other project in Indiana because of dispute with local regulators.

Caesars reported last slide that it would definitely purchase the Hoosier Park racino in Anderson and the Indiana Grand racino near Shelbyville from Centaur Gaming pertaining to the total amount with $1. six billion . Gaming regulators voted 5-0 in favor of package during their Thurs . meeting. And once complete, the main transaction can certainly make Caesars the most significant commercial video games operator during the state using four qualities. The company already owns the particular Horseshoe Hammond and Horseshoe Southern Indiana riverboat internet casinos in the say.

During the Thurs . meeting, typically the Gaming Commission payment also released that Caesars would be recommended to pay some $1-million okay for probably going to eliminate the $90-million relocation associated with Horseshoe Southerly Indiana on nearby terrain.

Local media outlets announced earlier this coming year, citing emails between Caesars and the Indiana Gaming Fee, that the driver disputed some $50-million service charge required freeslotsnodownload-ca.com to be paid through Centaur to the change involving ownership from the above-mentioned only two gaming houses. Read more