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Ratcliff Centaur owned and operated the state’s two horse-track racing casinos until selling them to Caesars Entertainment in 2018. Spectacle Entertainment now operates the Majestic Star I and Majestic Star II casinos on Lake Michigan and is partnering with Hard Rock to construct a $300 million land-based casino in Gary that will replace those riverboats. And now the commission is trying to take away Ratcliff’s gaming license for good while alleging that he funneled money from Centaur into a personal gambling account and repeatedly concealed financial information from the commission that should have been disclosed. That’s in addition to Ratcliff’s association with a federal campaign finance scheme and his refusal to work with the agency’s investigators, the commission says.

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