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

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

The particular Indiana Game Commission all approved Thursday the planned acquisition of a couple state racinos by Caesars Entertainment Corp., but fined the Sin city gaming huge $1 million over its threats to help nix a unique project within Indiana because of dispute through local regulators.

Caesars published last autumn that it could purchase the Hoosier Park racino in Anderson and the Indy Grand racino near Shelbyville from Centaur Gaming just for the total amount regarding $1. several billion . Gaming regulators voted 5-0 in favor of say yes to during their Thurs night meeting. When complete, the transaction will help make Caesars number one commercial gaming operator in the state using four real estate. The company already owns typically the Horseshoe Hammond and Horseshoe Southern Indiana riverboat internet casinos in the say.

During the Thurs night meeting, the main Gaming Cost also launched that Caesars would be essential to pay some sort of $1-million great for threatening to stop the $90-million relocation associated with Horseshoe Southeast Indiana into nearby crust.

Local mass media outlets noted earlier this current year, citing electronic mails between Caesars and the Indianapolis Gaming Percentage, that the agent disputed a new $50-million freeslotsnodownload-ca.com rate required to possibly be paid by just Centaur for your change involving ownership from the above-mentioned 2 gaming components. Continue reading “Indiana Regulator Fines Caesars $1 Zillion, Approves Centaur Casinos Obtain”