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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowCentaur Inc. has been approved by the Indiana Horse Racing Commission to buy the 38-percent interest in
The deal is expected to close in mid-March.
"We’ve been part of this project since day one and we’re proud to say that Hoosier Park will now be Hoosier-owned,” said Jeffrey Smith, CEO of horse racing for Centaur, noting that 90 percent of the investment group for the privately-held company is comprised of Indiana residents.
IBJ reported in June 2005 that Louisville-based Churchill Downs Inc. might be looking to unload the
Centaur has held a minority stake in
Centaur owns a hotel and casino in
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