Caesars arguing with Indiana Gaming Commission over $50M fee
If the Indiana Gaming Commission doesn’t agree with Caesars, a proposed $90 million project in Indiana by the Las Vegas-based company could be dropped.
If the Indiana Gaming Commission doesn’t agree with Caesars, a proposed $90 million project in Indiana by the Las Vegas-based company could be dropped.
Centaur, which owns and operates Hoosier Park Racing & Casino in Anderson and Indiana Grand Racing & Casino in Shelbyville, said its 2,000 or so employees would receive the checks next week.
The Pokagon Band of Potawatomi Indians is set to open the Four Winds Casino South Bend to the public on Tuesday, joining three other casinos the tribe already operates nearby in southwestern Michigan.
If the deals are approved, Penn National will take over Ameristar Casino in East Chicago, and Boyd Gaming will take over Belterra Casino in Switzerland County.
If the Supreme Court strikes down the law, giving sports betting the go-ahead, 32 states would likely offer it within five years, according to one report.
If Caesars Entertainment is successful in buying Hoosier Park and Indiana Grand, it would have an interest in four of the state’s five largest casinos. The acquisition reportedly is in the works.
Ed Feigenbaum, long-time publisher of Indiana Legislative Insight, Indiana Gaming Insight and Indiana Education Insight, says he has no plans to leave the operation he founded despite its sale.
A former assistant manager has been sentenced after pleading guilty to stealing hundreds of thousands of dollars from depositors. She said she stole the money after she became addicted to playing slot machines.
The law requires players to be at least 18 years old, prohibits contests based on college or high school sports, and sets an initial licensing fee of $50,000.
The new ticket would top a current $30 instant game as Indiana's most expensive.
Two governors tried to fire Northstar Lottery Group. But Northstar—a subsidiary of Gtech Corp., the parent company of Gtech Indiana, which manages the Hoosier Lottery—remains on the job more than two years later.
Indiana lawmakers are working to keep afloat the state’s crippled casino industry in an effort to shore up declining tax revenue and spur investment.
Even if the Legislature approves the new lottery tickets, it's uncertain when they could be sold. They're not specified in the existing contract with Gtech Indiana, which runs the Hoosier Lottery.
Northstar Lottery Group, which is accused of manipulating scratch-off games in Illinois, is a subsidiary of Gtech Corp., the parent of the company that manages the Hoosier Lottery.
Senate Bill 354 would let Rising Star Casino Resort in Southern Indiana’s Ohio County move 740 gaming positions to Terre Haute.
State Sen. Jon Ford, R-Terre Haute, has authored legislation that would move unused gambling slots from Rising Star Resort and Casino in Rising Sun to Terre Haute.
Legislation to put a casino in one, specific location would be tough to pass. Lawmakers from Gary have tried for years to move one of its riverboat casinos inland and a previous proposal to move part of Rising Sun’s gambling operations to Indianapolis found a skeptical response.
A tribal casino set to open in South Bend in 2018 could reduce Indiana's tax revenue by more than $350 million in its first five years, according to a report released Tuesday by a group that represents most of Indiana's commercial casinos.
The casino is expected to draw business from Indiana's existing casinos, which have already been seeing business shrink because of competition from surrounding states.
A prosecutor says two brothers accused of conspiring to fix lottery games in five states planted software on a lottery computer in Indiana that would have enabled them to fix more games.