The enlarged group offloaded Tropicana Evansville to Bally’s Corporation this past June and in November received an additional year to find a buyer for Horseshoe Hammond. In mid-2020, the gaming regulator gave the nod to Caesars’ $17.3 billion combination with Eldorado Resorts on a condition that it reduced its portfolio in the Hoosier State by selling three properties. Once the transaction is complete, the tribe’s gaming and hospitality unit – EBCI Holdings – will assume ownership of the Elizabeth-based hotel and casino complex.Ĭaesars agreed to sell the casino to EBCI in late December 2020, just a few days before the December 31 deadline set by the Indiana Gaming Commission by which the company had to offload the property. The deal is now expected to close at some point next month. can now move forward with the sale of its Caesars Southern Indiana casino to the Eastern Band of Cherokee Indians after the Indiana Gaming Commission on Wednesday cleared the transaction.
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