Published:
November 16, 2017 10:41 am EST
Caesars Entertainment Corp. could announce this week that it is purchasing Centaur Gaming's Hoosier Park casino and Indiana Grand casino for more than $1 billion, according to a report.
Bloomberg News has stated that Caesars is in the final stages of negotiations, according to an article by the Indianapolis Business Journal.
If the deal ultimately goes through – which is something the IBJ states ‘could be complicated’ – Caesars would then a total of four casinos in the state of Indiana. State law currently prohibits a single company from owning more than two gambling licences in Indiana.
The Indiana Gaming Commission would have to give its approval for the sale.
(With files from Bloomberg News and the Indianapolis Business Journal)
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