Caesars no longer required to sell Indiana casino
The Indiana Gaming Commission has dismissed the order it has previously issued requiring Caesars Entertainment to sell a casino.
US.- Caesars Entertainment will be able to continue to own and operate all of its casinos in Indiana.
The Indiana Gaming Commission has amended an order that required the operator to sell a casino in the state after its merger with Eldorado.
As a result, Caesars will continue to own and operate Horseshoe Hammond, Indiana Grand, Harrah’s Hoosier Park and its three off-track betting locations.
Tom Reeg, CEO of Caesars Entertainment, said: “We are confident that our continued operating of Horseshoe Hammond is in the best interest of our team members, guests, the Hammond community and the state of Indiana”.
He added: “We believe that maintaining our strong customer and employee relationships at Horseshoe Hammond makes the property best positioned for a strong and exciting future.”
The IGC had demanded Caesars sell one of its casinos in Indiana after its merger with Eldorado, owing to concerns over the economic concentration of the state’s casino market.
At the end of 2020, the company was granted an extension on the deadline to make the sale. At that moment, Churchill Downs was identified as a prospective buyer.
