Council delays Indiana casino decision
Tribal Council voted 10-1 today to table a resolution that would have allowed the tribe to move forward with a $290 million agreement to purchase the gaming operation at Caesar’s Southern Indiana Casino.
The operation is up for sale as the result of a July merger between Eldorado Resorts and Caesars Entertainment the same company that owns Harrah’s, the tribe’s casino management company. The merger created the nation’s largest casino and entertainment company, and in some states the union put them afoul of antitrust laws, meaning that the company had to sell off some of its operations in those jurisdictions. The casino in Elizabeth, Indiana, is one of those properties.