However, the IGC deemed that an 'undue economic concentration' of the state's gaming industry and ordered Caesars to divest all but two of its Indiana properties.Įarlier this month, Caesars CEO Tom Reeg and Hammond Mayor Thomas McDermott Jr. He said one casino company should not control 30% to 40% of the Indiana gaming market as Caesars does with the Horseshoe and its two central Indiana horse track casinos. Caesars actually owned five of Indiana's 13 casinos following its $17.3 billion merger last year with Eldorado Resorts. Marc Fine, of Evansville, was the only commissioner to favor leaving the IGC divestment orders intact.

The IGC voted 4-1 Thursday to rescind its prior orders for Caesars Entertainment to sell the Horseshoe Casino in Hammond to a new operator by the end of this year. Commission members were convinced that amid enhanced competition from the Hard Rock Casino in Gary, and potential new casinos in Chicago and south suburban Cook County, it's in the best interest of the Hoosier State that a recognizable brand with years of experience in the Northwest Indiana gaming market continue to operate the Hammond casino, The Times of Northwest Indiana reports.

Therefore, Caesars will continue to own and operate Horseshoe Hammond, Indiana Grand, Harrah's Hoosier Park, and its three off-track betting locations. The Indiana Gaming Commission (IGC) amended its order requiring Caesars Entertainment to sell a third casino asset in the state.

Caesars will continue to own and operate Horseshoe Hammond, Indiana Grand, Harrah’s Hoosier Park, and its three off-track betting locations. The IGC voted 4-1 Thursday to rescind its prior orders for Caesars Entertainment to sell the property to a new operator, alleging enhanced competition from the Hard Rock Casino in Gary, and potential new casinos in Chicago and south suburban Cook County.

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