Caesars to go before Indiana Gaming Commission for approval to move Horseshoe Southern Indiana inland
A change in state law three years ago allows gambling on land.
Las Vegas-based casino giant Caesars will go before the Indiana Gaming Commission on Tuesday to seek approval to bring gambling from the riverboat at Horseshoe Southern Indiana to a new building across the highway near the parking garage.
A change in state law three years ago allows gambling on land, and Deputy Director of the Indiana Gaming Commission Jennifer Reske said casinos who want to make the move receive approval first.
The proposal calls for a new building to go up next to the existing parking garage. The $90 million dollar was unanimously approved by the Harrison County Plan Commission in January.
But as WDRB reported back in March, Caesars could reconsider replacing the boat if it’s forced to pay $50 million to transfer casino licenses as it acquires Hoosier Park in Anderson and Indiana Grand near Shelbyville.
“The applicability of the $50 million transfer fee will be discussed in conjunction with the transfer of ownership request, which will be on the agenda in June,” Reske said.
Although the fee will not be discussed Tuesday, the Indiana Gaming Commission said there's a good chance the points that will be discussed on the agenda will be approved.
“I think Indiana is a state that's very welcoming to economic development and projects, so I have high hopes for it,” Reske said.
Horseshoe Southern Indiana has already released an invitation for "an exciting new announcement" happening Wednesday.
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