Casinos in indiana

Caesars Breaks Ground on Horseshoe Southern Indiana Casino Relocation and Expansion Project

Caesars Breaks Ground on Horseshoe Southern Indiana Casino Relocation and Expansion Project Horseshoe Southern Indiana held Wednesday a groundbreaking ceremony to mark the official start of an $85-million project for the relocation of the riverboat casino on dry land. The Indiana Gaming Commission gave the green light to the plan in April. The riverboat casino hosted its official groundbreaking ceremony yesterday, but it said that construction work at the site where the land-based casino would be located has already begun. Owner Caesars Entertainment Corp. has previously said that between 50 and 100 people would be employed at peak construction times and that the plan would take 18 months...

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Indiana: Casinos, Online Gambling, Social Gaming and Gambling Law

If Americans were asked about their associations with Indiana, most would probably mention cornfields, basketball, or the Indianapolis 500 . The Hoosier State has long been a cornerstone of the Midwest. (Though it’s often overshadowed in the public eye by its bigger neighbors to the east and west — Ohio and Illinois, respectively.) In fact, much of northwest Indiana feeds into the sphere of activity surrounding Chicago. Politically, Indiana has voted for the Republican candidate for president in every election since 1980. The only exception was Barack Obama’s first election in 2008. Aside from the urban northwestern corner (which includes the Chicago suburbs) and Indianapolis, the...

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Caesars contesting $50M fee for 2 Indiana casino licenses

INDIANAPOLIS -- Casino giant Caesars Entertainment is threatening to drop plans for building a new casino in southern Indiana while arguing that it shouldn't be forced to pay a $50 million fee in the state for acquiring two horse track casinos near Indianapolis. Las Vegas-based Caesars announced in November that it would pay $1.7 billion to buy Centaur Gaming, which owns Hoosier Park, a casino and racetrack in Anderson, and the Indiana Grand casino and racetrack in Shelbyville. Caesars argues the state fee for transferring those casino licenses shouldn't apply. The company also told the Indiana Gaming Commission that it's reconsidering a $90 million project for building an on-land casino to...

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Indiana casinos suffer in wake of Ohio success

Indiana casinos suffer in wake of Ohio success With increased competition from Ohio casinos and racetrack video lottery terminals, the fate of Southern Indiana riverboats was a function of how far downriver they were anchored: the farther distance the better the results. For Horseshoe Southern Indiana in Harrison County, that meant a 2014 decline of 3.15 percent in win, the casino term for gross revenues, over the prior year, based on Indiana Gaming Commission reports. By comparison, that was far better than the losses of more than 25 percent at two upriver casinos and an 8.3 drop statewide. Meanwhile, downriver, the Tropicana in Evansville saw a 5.03 percent gain. "We hate being down,...

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Two Indiana casinos to get new owners in deals worth $3.3B, 2017-12-18, Indianapolis Business Journal,

Two Indiana casinos to get new owners in deals worth $3.3B Belterra Casino Resort in Switzerland County and Ameristar Casino in East Chicago are changing hands as part of a larger, three-company deal as the gaming industry seeks to diversify and cut costs at the same time. Pinnacle Entertainment—which owns Belterra and Ameristar—is being snapped up by Penn National Gaming Inc. in a deal worth about $2.8 billion. Penn already owns Hollywood Casino in Lawrenceburg, which means it must divest at least one property. Indiana law prohibits companies from owning more than two casino licenses in the state (although race-track based casinos in Anderson and Shelbyville are not included in...

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Why is gaming different at Indian casinos?

Why is gaming different at Indian casinos? QUESTION: Now in our senior years, my wife and I spend about six months a year traveling by RV across the U.S. Thanks to what I believe was your referral, we bring along the American Casino Guide and make stops at many of the different casinos across country for food and some light gambling. Interestingly, we find that many of the Indian casinos offer different forms of gambling compared with where we live (Fresno, Calif.) the other half of the year. What is the reasoning behind this? — Boyd C. ANSWER: In 1988, Congress passed the Indian Gaming Regulatory Act to "provide a legislative basis for the operation/regulation of Indian gaming,...

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UPDATED: Caesars spends $1.7b acquiring Centaur Indiana casinos -

UPDATE: On Thursday, Caesars confirmed that it would play $1.7b in cash ($1.63b upfront, $75m deferred) to acquire Centaur’s operations. The original article appears below. Casino operator Caesars Entertainment is reportedly looking to spend up to $1b to expand its Indiana casino footprint. On Wednesday, Bloomberg reported that Caesars was in the “final stages of negotiations” with Indiana-based Centaur Gaming LLC to acquire Centaur’s Hoosier Park casino in Anderson and the Indiana Grand casino in Shelbyville. Caesars is reportedly willing to pay $1b for the two properties, which also include racetrack operations. Each of the racinos has over 2k slot machines and generated combined $...

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Indiana Casinos Gambling Laws - USA State Casinos

Indiana Casinos Indiana Casino locations: East Chicago, Gary, Florence, Michigan City, French Lick, Lawrenceburg, Anderson, Elizabeth, Hammond, Shelbyville, Rising Sun and Evansville. Use our Indiana casinos map as a guide to locate all casinos in Indiana, including the popular casinos in Southern Indiana. Indiana is a conservative Midwestern state that has widespread gambling. It all started with a state lottery in 1988. Bingo quickly followed. Racing was legalized in the 1990’s. Off-track betting was launched a year later. Indiana casinos were legalized in 1993, and Like many states at the time, casinos in Indiana had be located on the water. Lake Michigan and Ohio River are the common...

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Caesars Casino Purchase Could Boost Indiana Sports Betting

Caesars Casino Purchase Could Boost Indiana Sports Betting One of America’s most high-profile gaming companies has finalized a massive purchase of two Indiana casinos. With sports betting legislation already introduced in the Indiana legislature, this could bolster sports betting opportunities for the Hoosier State as soon as next year. After at times contentious negotiations, Caesars Entertainment finalized a $1.7 billion purchase of Centaur Gaming, an Indianapolis-based parent company of several Indiana casino and racetrack facilities. The purchase includes Hoosier Park in Anderson and Indiana Grand in Shelbyville as well as three off-track betting parlors. Caesars now owns more than 50...

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Casino Trips Ohio and Indiana, Excursions Trailways

Don’t blow all your luck before you even get to the casino, book your next casino trip with Excursions Trailways. You won’t have to gamble on your safety and comfort, we’ll get you there and back in one of our luxury motorcoaches. Our reliability and commitment to safety are second to none, the only thing you’ll have to worry about is counting all your winnings at the casino! Regular Casino Trips in Indiana Excursions Trailways has regular trips to casinos in the Indiana area several times a week. We run three days a week to Hoosier Park Racing and Casino on Wednesday, Friday, and Saturday. You’ll feel like you hit the jackpot when you book a trip with us! Your...

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