Indiana Gaming Commission allows Caesars to keep assets

Grace Seow -
On Thursday, the Indiana Gaming Commission amended one of its orders by permitting Caesars Entertainment to keep six properties in the state

On Thursday, the Robert Indiana Gaming Commission amended I of its orders past permitting Caesars Entertainment to hold sixer properties inward the state.

The locations include iii off-track betting sites, as substantially as the Horseshoe Hammond, Robert Indiana Grand and Harrah’s Hoosier Park.

Originally, the Commission had ruled that Caesars Entertainment should sell a third of its cassino assets in Indiana.

According to The Times of Northwest Indiana, Ceasars Entertainment CEO Uncle Tom Reeg and Hammond Mayor Norman Thomas McDermott Jr sent letters to the Commission, asking them to reconsider the sale of Horsehoe.

The pair off mat keeping the dimension at the location would live inwards the state's best interest, since inward May the Hard Rock Casino opened upwards inward Northern Indiana.

The Mayor described the Horseshoe locus as a “superior product” that has a “nationally known and recognisable name.”

The dimension brings inwards visitors from both Northwest Hoosier State and across the state line.

McDermott said: "With a Chicago licence and a to the south suburban licence location in the unconscious process of existence finalised in IL over the next several months or years at most, now it is still to a greater extent of import to shoring upward the private-enterprise(a) advantage we get at our gaming location inwards Hammond; which as you know, sits a mere stone's flip from the Windy City border."

Reeg added: “We are sure-footed our continued operating of Horseshoe Hammond is inward the topper stake of our squad members, guests, the Hammond community and the State of Indiana.

"We trust maintaining our strong client and employee relationships at Horseshoe Hammond makes the property topper positioned for a warm and exciting future."

While the mathematical group will hold on assets in Indiana, it also proclaimed it has closed in(p) the sales agreement of Tropicana Evansville – and expects to closely the sales agreement of Caesars Southern Robert Indiana in Q3 2021.