Trainer sues Indiana Horse Racing Commission for defamation
A leading horse trainer is suing the Indiana Horse Racing Commission over what he says are false allegations that wrongly led to the suspension of his training license.
Horse Tracks
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Indiana horse racing a $2B industry, study finds
Indiana’s horse racing industry has more than doubled in economic value in the past decade, according to a study led by Purdue University.
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Eldorado Resorts has shaky record of horse-track management
To say Indiana’s horse racing industry had concerns about Eldorado Resorts Inc. taking over the state’s two horse-racing casinos would be putting it mildly.
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Articles
Gaming Commission files petition to permanently revoke Ratcliff’s gaming license
The Indiana Gaming Commission alleges longtime casino executive Rod Ratcliff funneled money from his former company into a personal gambling account and repeatedly concealed financial information from the commission that should have been disclosed.
Eldorado’s $17.3B merger with Caesars nearing final approval
The Indiana Horse Racing Commission signed off on the deal this week, paving the way for what will be the world’s largest casino operation. The merger, which awaits approval from New Jersey regulators, affects five Indiana casinos.
Indiana Gaming Commission approves $17.3B Caesars-Eldorado deal
The Indiana Gaming Commission on Friday approved Eldorado Resorts Inc.’s acquisition of Caesars Entertainment Corp.’s four Indiana casino properties, with major conditions.
Fans to be allowed to attend the Kentucky Derby, with restrictions
Churchill Downs will institute a number of operating procedures for the Kentucky Derby, which has been moved to Sept. 5 because of the pandemic.
Carmel veterinarian indicted in high-profile racehorse doping scheme
Gregory Skelton, owner of Skelton Equine Sports Medicine LLC, was charged in a conspiracy that involved creating and giving performance-enhancing drugs to racehorses, leading to the death of at least one high-profile horse.
Holcomb signs bill to make sports betting legal, allow casino in Terre Haute
Holcomb said he made the decision—which comes on the heels of multiple conflict of interest questions about the gambling bill—to “spur positive economic growth for our state and for an industry that employs over 11,000 Hoosiers.”
A sweeping gambling bill passed the General Assembly. Here’s what you need to know.
Some observers say the upcoming changes are the most significant in the industry since the Legislature authorized riverboat casinos in 1993.
Professional leagues make pitch for official data in sports wagering
The House Public Policy Committee heard roughly five hours of testimony on Senate Bill 552—legislation that touches nearly every aspect of gambling in Indiana—during a hearing on Wednesday.
Senate panel votes to legalize sports betting, move Gary casino to Terre Haute
Spectacle Entertainment—a company founded by some of the same investors that operated Centaur before it was purchased by Caesars Entertainment—is in the process of buying Gary-based Majestic Star Casino I and Majestic Star Casino. It has said it wants to move one of the casinos to the Interstate 80/94 corridor and the other to Terre Haute.
Billionaire Icahn wants Caesars Entertainment to sell itself
Caesars owns four of Indiana’s highest-revenue casinos and any sale would need approval from the Indiana Gaming Commission and Indiana Horse Racing Commission.
Caesars completes acquisition of racetrack-casino facilities
The company’s $1.7 billion purchase of Indianapolis-based Centaur Gaming and its Hoosier Park and Indiana Grand horse racing casinos was earlier approved by the Indiana Gaming Commission.
Caesars steps into unfamiliar role in Indiana: horse track operator
The Las Vegas-based casino company will soon own Indiana Grand in Shelbyville and Hoosier Park in Anderson, the state’s only two casinos with horse-racing tracks.
Gaming commission approves ownership changes at four Indiana casinos
The deals approved Thursday change ownership at Hoosier Park in Anderson, Indiana Grand in Shelbyville, Belterra Casino Resort in Switzerland County and Ameristar Casino in East Chicago.
Disputed $50M fee expected to be paid in Indiana casino deal
The owner of two horse track casinos near Indianapolis is preparing to pay a $50 million state fee as part of its sale to casino giant Caesars Entertainment Corp.
Indiana casinos want to offer sports betting but need state lawmakers’ OK
The U.S. Supreme Court ruled Monday that states can legalize sports betting. Indiana lawmakers will likely study the issue before their 2019 session.
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.
Centaur Gaming celebrates tax cut by giving employees $500 bonuses
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.
UPDATE: Caesars deal could create gambling juggernaut in Indiana
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.
Court corrects tax bill for horse-racing business owner
An man who ran an Indianapolis-area horse-racing business will have his tax deficiencies for the 2005 and 2006 tax years voided after an appeals court ripped apart an opinion by the U.S. Tax Court.