Indiana Regulator Fines Caesars $1 Thousand, Approves Centaur Casinos Exchange

Indiana Regulator Fines Caesars $1 Thousand, Approves Centaur Casinos Exchange

The actual Indiana Video gaming Commission unanimously approved Thursday night https://freeslotsnodownload-ca.com/ the suggested acquisition of two state racinos by Caesars Entertainment Corp., but fined the Nevada gaming large $1 million over its threats that will nix an individual project around Indiana due to a dispute by using local regulators.

Caesars introduced last slide that it would probably purchase the Hoosier Park racino in Anderson and the Indiana Grand racino near Shelbyville from Centaur Gaming meant for the total amount of $1. 6 billion . Gaming government bodies voted 5-0 in favor of say yes to during their Wed meeting. Once complete, the particular transaction can make Caesars the greatest commercial games operator while in the state together with four homes. The company presently owns the very Horseshoe Hammond and Horseshoe Southern Indy riverboat casinos in the state.

During the Thursday meeting, the exact Gaming Compensation also introduced that Caesars would be instructed to pay a new $1-million fine for terrifying to cancel the $90-million relocation about Horseshoe Southerly Indiana into nearby mold.

Local multimedia outlets announced earlier the 2010 season, citing e-mails between Caesars and the Indy Gaming Payment, that the driver disputed your $50-million expense required to often be paid through Centaur with the change with ownership from the above-mentioned a pair of gaming qualities. (more…)