![]() ![]() Caesars Maintaining Ownership over Hammond Casino in State’s Best Interest? It has also emerged that the Gaming Commission is open to hearing the operator’s arguments. The company had by that time agreed to sell Caesars Southern Indiana to the Eastern Band of Cherokee Indians for $250 million and Tropicana Evansville to Bally’s Corporation for $480 million.Ĭaesars is now reportedly trying to persuade Indiana’s gambling regulator that it is the best owner Horseshoe Hammond, the state’s highest grossing casino, could have. The company decided to keep its two suburban Indianapolis horse racetrack and casino complexes – Harrah’s Hoosier Park and Indiana Grand.ĭue to the Covid-19 pandemic, the Gaming Commission gave in November 2020 an additional year to find a buyer for its Hammond property. is looking to keep Horseshoe Hammond Casino and the state Gaming Commission appears to be poised to discuss the matter, according to recent reports from local news outlets.Īs part of its approval of Caesars’ $17.3 billion takeover of Eldorado Resorts, the regulator ordered the casino operator in July 2020 to sell three of the five properties the combined group would own after the deal’s closure and do that by the end of 2020.Ĭaesars agreed to offload Horseshoe Hammond, along with Caesars Southern Indiana in Elizabeth and Tropicana Casino in Evansville. US casino giant Caesars Entertainment, Inc.
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