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Indiana Regulator Fines Caesars $1 Mil, Approves Centaur Casinos Acquisition

Indiana Regulator Fines Caesars $1 Mil, Approves Centaur Casinos Acquisition

The actual Indiana Game playing Commission all approved Sunday the proposed acquisition of a couple state racinos by Caesars Entertainment Corp., but fined the Sin city gaming large $1 million dollars over it has the threats to be able to nix a unique project around Indiana as a result of dispute together with local regulators.

Caesars reported last fall that it would certainly purchase the Hoosier Park racino in Anderson and the Indiana Grand racino near Shelbyville from Centaur Gaming pertaining to the total amount about $1. six billion . Gaming government bodies voted 5-0 in favor of the offer during their Monday meeting. The moment complete, often the transaction can certainly make Caesars the freeslotsnodownload-ca.com main commercial game operator within the state through four real estate. The company actually owns the very Horseshoe Hammond and Horseshoe Southern In riverboat gambling houses in the condition.

During the Monday meeting, the actual Gaming Commission payment also released that Caesars would be instructed to pay some $1-million very good for harmful to cancel the $90-million relocation of Horseshoe Southerly Indiana into nearby mold.

Local news flash outlets said earlier this coming year, citing e-mails between Caesars and the Indianapolis Gaming Percentage, that the owner disputed a new $50-million charge required to get paid simply by Centaur in the change connected with ownership with the above-mentioned couple of gaming real estate. Continue reading