Two Indiana casinos to get new owners in deals worth $3.3B
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 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 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.
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.
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.
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.
The Tropicana Evansville casino says it will break ground next week on a $50 million facility that will be the first of Indiana's riverboat casinos to move to an onshore site.
South Bend city officials have agreed to support a Native American tribe's attempt to develop a tribal village and casino in the city in exchange for a share of the gambling profits.
Trump’s campaign behavior reminds some Hoosiers of their interactions with him during a storied history in Indiana, as owner of a Gary casino and would-be operator of another in French Lick.
A state law passed in 2015 allows riverboat casinos in Indiana to move onto land that is near their current locations.
The owner of Evansville's casino says it plans to move from its current riverboat docked along the Ohio River to a new $50 million on-shore facility.
Matt Bell, a former state representative and chairman of the Indiana Gaming Commission, has been picked to lead the Casino Association of Indiana, succeeding longtime president Mike Smith.
Pinnacle Entertainment’s proposed sale of its casinos to Gaming & Leisure Properties is being opposed by a union that will ask the Indiana Gaming Commission to reject the plan, saying the deal would give the company more casinos than state law allows.
Horse track operators and breeders are concerned the good times might be trotting to a close as some states move to rein in a lucrative subsidy that's helped prop up their long suffering-industry.
The complex, called American Place, would contain Indiana's smallest casino, 1.2 million square feet of retail space, 200 condominiums, 25 high-end hotel suites, a conference and performance center, offices, a movie theater with moving seats and a health club.
The deal will create a combined real estate investment trust that will own 35 casino and hotel facilities in 14 states, including three in Indiana.
Mike Smith plans to resign as president and CEO of the Casino Association of Indiana after more than a dozen years in the position, the group announced Monday.