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Indiana Gaming Commission Selects Churchill Downs, Inc. To Build Casino In Indiana

Churchill Downs Incorporated announced Thursday that the Indiana Gaming Commission selected the Company's application for a casino owner's license to develop the Queen of Terre Haute Casino Resort in Vigo County, Indiana. The IGC unanimously voted to grant CDITH the sole Certificate of Suitability following a competitive proposal process that included applications from three other bidders.

“We are thrilled for this opportunity and honored for the trust that the Indiana Gaming Commission has placed in CDI and our plan to bring a true destination casino resort to West Central Indiana,” said Bill Carstanjen, Chief Executive Officer of CDI.

CDI's plan includes a $240 million investment that will feature 1,000 slot machines, 50 table games, a 125-room luxury hotel, a state-of-the-art TwinSpires Sportsbook and several food & beverage offerings. The concepts and design features for the approximately 400,000-square-foot Queen of Terre Haute development will reflect the unique heritage of Vigo County and the surrounding region.

“In the days ahead, we look forward to continuing our collaboration with local officials in Vigo County and the Indiana Gaming Commission as we work to turn our vision for the Queen of Terre Haute into a reality,” said Jason Sauer, Senior Vice President of Corporate Development for CDI.

The IGC will officially award CDITH the casino owner's license to operate an inland casino in Vigo County upon the final affirmation of the pending nonrenewal of the prior license holder. The Certificate of Suitability and future issuance of the license is subject to all Commission regulations, resolutions and orders.

About Churchill Downs Incorporated

Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby. We own and operate three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines in Kentucky. We also own and operate TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S. and we have seven retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals and 200 table games. www.churchilldownsincorporated.com

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Nebraska HBPA Opposes Proposals For New Racetracks

After leading the fight to bring casino gambling to the state of Nebraska, the Nebraska Horsemen's Benevolent and Protective Association spoke out against proposals for new racetracks at last Friday's meeting of the Nebraska Racing and Gaming Commission meeting, reports the Omaha World Herald.

Specifically, the NHBPA argued that proposals to add tracks in Bellevue and York would dilute the market and weaken existing tracks.

“Building up casinos should build up the racing industry, not line the pockets of others,” said Garald Wollesen, president of the NHBPA.

Last year, Nebraska voters passed a constitutional amendment allowed casino gambling at horse racing tracks, as well as laws regulating the casinos and directing most of the tax revenue to property tax relief. At that time, Nebraska had six racetracks: Grand Island, Omaha, Lincoln, South Sioux City, Columbus, and Hastings.

The five new tracks proposed would be located in Bellevue, York, Norfolk, North Platte, and Scottsbluff.

No decisions were made at Friday's meeting, but Commission Chairman Dennis Lee promised separate hearings for each of the five new racetrack proposals.

Caesars Announces $32.5 Million Expansion To Indiana Grand’s Casino

Strengthening its commitment to Indiana, Caesars Entertainment, Inc. shared plans today for a $32.5 million investment to expand and enhance the current casino gaming floor of Indiana Grand Racing & Casino. The expansion is projected to add more than 100 new casino jobs and millions to local and state gaming tax revenues.

Indiana Grand, located in Shelbyville, will add approximately 25,000 square feet to the north end of the casino making room for 100 brand-new slot machines and 25 more table games. Inside the new gaming floor and across the property, guests will enjoy significant updates to design and architectural features.

Additionally, the expanded gaming floor will feature the WSOP Poker Room, a live Poker Room named for and carrying the spirit of the legendary World Series of Poker, the largest, richest and most prestigious gaming event in the world. The new WSOP Poker Room will include 20 tables and offer a premium experience with ways to qualify for WSOP land-based tournaments including the Main Event in Las Vegas.

Wilhelm Construction of Indianapolis will begin work on April 1, 2021, with renovations set to be completed by the end of 2021.

Preliminary plans include:

A 5,000 square foot WSOP Poker Room featuring 20 tables
A 20-seat video poker bar with 65” LCD overhead screens
New table games, slots and gaming chairs
New design elements throughout the gaming floor
New surface parking
More than 100 new jobs added to the work force
Millions in local and state gaming tax revenue

“This investment at Indiana Grand is a testament to our continued commitment to Indiana,” said Anthony Carano, President and Chief Operating Officer of Caesars Entertainment. “We are dedicated to enhancing and upgrading our operations at all of our locations, and we're excited to start on several new phases of renovation and expansion in Shelbyville.”

“Since the implementation of table games in early 2020, we have looked forward to expanding our gaming operations,” said Mike Rich, Senior Vice President and General Manager of Indiana Grand. “This growth will allow us to accommodate more guests and add more talented Team Members to the Indiana Grand family, and with the addition of a state-of-the-art Poker Room, we will expand our casino offerings to include some of the most notable programs in the United States, including World Series of Poker.”

Additional details on new hospitality, entertainment, and culinary offerings are anticipated in the coming months, subject to City and Indiana Gaming Commission approval. For more information, please visit www.caesars.com/indiana-grand.

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Casino To Re-Open At Sunland Park, But Racing Remains On Hold

Sunland Park in New Mexico plans to re-open the casino portion of its venue on March 5, reports ABC-7. The casino has been shut down due to COVID-19 since last summer.

Horse racing at Sunland Park remains on hold, however.

Last week, state regulators officially cancelled the remainder of the 2021 race meet, including the Sunland Derby. The track's signature race was not held in 2020, either.