Caesars says it shouldn't have to pay fee
March 13, 2018
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The Associated Press has reported that Caesars Entertainment is threatening to drop plans for building a new casino in southern Indiana while arguing that it shouldn't be forced to pay a $50 million fee in the state for buying Hoosier Park and Indiana Downs. Last November Caesars announced it had entered an agreement to purchase the two Centaur Gaming-owned tracks for $1.7 billion.
Caesars says the state fee for transferring those casino licenses shouldn't apply. The company also told the Indiana Gaming Commission that it's reconsidering a $90 million project for building an on-land casino to replace the riverboat at its Horseshoe Southern Indiana casino near Louisville.
The purchase of Hoosier Park and Indiana Grand is expected to be reviewed by the Indiana Gaming Commission in May or June, and Caesars complaint about the fee could be part of those meetings.