Indiana Regulator Fines Caesars $1 , 000, 000, Approves Centaur Casinos Obtain

Indiana Regulator Fines Caesars $1 , 000, 000, Approves Centaur Casinos Obtain

The very Indiana Gaming Commission unanimously approved Thursday the suggested acquisition of a couple state racinos by Caesars Entertainment Corp., but fined the Vegas gaming mega moolah slot massive $1 mil over it is threats to be able to nix an individual project within Indiana because of dispute through local government bodies.

Caesars published last slip that it might purchase the Hoosier Park racino in Anderson and the In Grand racino near Shelbyville from Centaur Gaming intended for the total amount for $1. several billion . Gaming regulators voted 5-0 in favor of the offer during their Thurs night meeting. After complete, the actual transaction can certainly make Caesars the greatest commercial playing games operator during the state through four qualities. The company previously owns the exact Horseshoe Hammond and Horseshoe Southern Indy riverboat internet casinos in the talk about.

During the Monday meeting, the Gaming Commission rate also announced that Caesars would be instructed to pay your $1-million wonderful for intimidating to stop the $90-million relocation for Horseshoe The southern part of Indiana on to nearby mold.

Local multimedia outlets described earlier this, citing e-mail between Caesars and the Indiana Gaming Commission payment, that the rider disputed a good $50-million rate required to get paid by just Centaur to the change regarding ownership within the above-mentioned a pair of gaming qualities.