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Chicago & Midwest  + Midwest  + Hospitality  |  March 13, 2018
Paul Bubny
By: Paul Bubny

Caesars Contests State Fees on IN Casino Buys

Caesars Entertainment is threatening to scrap plans to build a new casino in southern Indiana over a $50-million state fee. The Las Vegas-based gaming giant contends that the license transfer fee doesn’t apply to its $1.7-billion acquisition of two racetrack casinos near Indianapolis, which it announced this past November.

As a result, Caesars has said it may not build a land-based casino to replace the riverboat at Horseshoe Southern Indiana in Elizabeth, IN, near Louisville. The company had planed to spend $90 million to construct the new facility.

The Indiana Gaming Commission is expected to review the Caesars deal for Hoosier Park in Anderson and Indiana Grand in Shelbyville this May or June, and may take up the license fee matter then.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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