A $50 Million Indiana Casino Fee has Caesars Rethinking its Expansion Plans

A $50 Million Indiana Casino Fee has Caesars Rethinking its Expansion Plans

The Las Vegas Sun recently posted an Associated Press report that Caesars Entertainment could pull out of its plans to build a new Indiana casino if it is forced to pay a $50 million casino license fee for two horse track and casinos it recently acquired near Indianapolis.

Why Is A Indiana Casino Charging Caesars Entertainment 50 Million Dollars?

Back in November of last year, the Las Vegas casino entertainment giant announced that it had reached an agreement to buy Hoosier Park in Anderson and Indiana Grand outside of Shelbyville for $1.7 billion. As part of this deal, the state fee for transferring those casino licenses at $50 million. Through the Indianapolis Business Journal, it said that Caesars had made the argument that the state fee should not apply in this case.

The Horseshoe Southern Indiana Casino Near Louisville, Kentucky

As a response to the state’s current position on the matter, it was also reported that Caesars had told the Indiana Gaming Commission that it could pull the plug on an on-land casino expansion project in the southern part of the state. The company already operated a riverboat casino at its Horseshoe Southern Indiana casino near Louisville, Kentucky. The expansion plans called for a replacement of this property with a new land-based $90 million Indiana casino in that part of the state.

Indiana Gaming Commission

The Indiana Gaming Commission has tabled the discussion on this matter until May at the earliest or possibly as late as June. At that time, the commission is set to discuss the particulars surrounding the Caesars-Centaur agreement to buy those two horse track casino properties. According to Wikipedia, Caesars Entertainment is based in Paradise, Nevada. It currently owns and operates over 50 real money casinos and hotels and seven additional golf course properties under several different brand names.

Las Vegas, Atlantic City, Lake Tahoe, Mississippi and New Orleans

From its actual website Caesars.com, some of the biggest destinations for its real-money gambling casinos include Las Vegas, Atlantic City, Lake Tahoe, Mississippi and New Orleans. Its main base of operations is in Las Vegas with several the most popular casino and hotel properties on the Strip. Paris Las Vegas, The Linq Hotel and Casino, Planet Hollywood, The Cromwell and of course famed Caesar’s Palace are included on this list.

Bally’s And Harrah’s Casinos In Atlantic City New Jersey

The multi-billion dollar casino and entertainment company also own and operates Caesars Atlantic City and Bally’s Atlantic City. Two of the more prominent Harrah’s properties are Harrah’s Lake Tahoe and Harrah’s New Orleans. Its casino property in the Mississippi Delta is Horseshoe Tunica.

Related News Articles:

· Slotastic Casino Launches New Realtime Gaming Slot Machine

· Win Tickets & Prizes Playing BetSoft Casino Slots Free

· Buena Vista Rancheria Finances California Casino with High Yield Bond

· MBIT Casino Adds Ethereum Cryptocurrency To Their Casinos Banking Options

· Enjoy March Madness Betting Online At Intertops Poker Casino Site

· What Casino Has The Largest Listings Of Online Slots Casinos?

· Casino Owner Carl Icahn at Odds with Atlantic City Over Future Growth

· Slotland Casino Launches New Slot Machine To Play

· Strategies To Learn How To Win Money Online Slots

· Vegas Crest Casino Adds More Mobile Gambling Games To Their Inventory

· Win Cash & Bitcoin Free Playing In Poker Tournament

· Saucify Casino Technologies Purchases BetOnSoft Gaming Software

· Intertops Poker offers a Cashback Bonus This Weekend On Worldmatch Slots

· Las Vegas Mogul Steve Wynn Fights to Hold Onto His Casino Empire

· Mr. Sloto Ships Free Slotocash Casino Magazines

· Slotocash No Deposit Casino Bonuses

· Las Vegas MGM Casino Resorts Hike Increase Fees In All Its Facilities

· The Best Online Casinos For Australia Players

· Intertops Casino Helps Lovers and Gamblers Celebrate Valentine’s Day

· Find Casinos In Canada

· Washington State Wants To know Whether Loot Boxes Are Gambling

· Best US Casinos Online

· Mr. Sloto Ships Free Slotocash Casino Magazines

· Where Are The Best Online Casinos For UK Players?

Play, Shop, Gamble, Dine At Any Caesars Entertainment Casino Resorts

One of the most popular aspects of real money gambling at Caesar’s property is one of the more lucrative loyalty rewards programs for casino regulars. You can earn when you play, dine, shop or stay at any Caesars Entertainment resorts and casinos. The loyalty program is known in the real money casino industry as Total Rewards. It offers free casino play, special member pricing, discounts and pre-sale access for select shows. There are other benefits and exclusive member offers, and it is free and easy to join. You can log onto Caesars.com for all the information on this exciting program.

Previous News Article: Responsibilities Of An Online Bookie Like MYBOOKIE.AG

Summary
A $50 Million Indiana Casino Fee has Caesars Rethinking its Expansion Plans
Article Name
A $50 Million Indiana Casino Fee has Caesars Rethinking its Expansion Plans
Description
Why Is A Indiana Casino Charging Caesars Entertainment 50 Million Dollars? The Las Vegas Sun recently posted an Associated Press report that Caesars Entertainment could pull out of its plans to build a new Indiana casino if it is forced to pay a $50 million casino license fee for two horse track and casinos it recently acquired near Indianapolis.
Author
Publisher Name
Easy Mobile Casino
Publisher Logo