Indiana Racing Commission Approves Transfer in Ownership of Tracks

Indiana Grand | Coady

The Indiana Horse Racing Commission (IHRC) approved the transfer in ownership of Caesar's Entertainment Corporation and its direct and indirect subsidiaries to Eldorado Resorts Inc. during a meeting at Indiana Grand Racing & Casino in Shelbyville July 13. The meeting concluded with the Commission's conditional approval of the ownership transfer which includes Harrah's Hoosier Park Racing and Casino, Indiana Grand Racing & Casino and all Winner's Circle Off-Track Betting facilities.

“While we appreciate everyone's trust in the Commission's ability to maintain Indiana's high caliber racing program, we recognize the relationship between the casino and racing is a unique marriage,” stated Philip C. Borst, DVM, Chairman of IHRC. “This hand-in-hand partnership between the IHRC, horsemen and racetracks is necessary to succeed in moving Indiana racing to the next level.”

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