However, before approving the casino’s incense, the state’s gaming commission forced two top executives to give up their ownership stake in the project, in light of a federal investigation. The tumultuous Terre Haute projectĪfter Indiana voters approved the development of a casino in the Terre Haute area in 2019, operator Spectacle Jack announced plans to open its new $125m property in September 2021. Instead, the regulator has decided that Caesars’ ownership will benefit the casino and the economy of the surrounding area. The IGC has rescinded an order from last year which would have forced the operator to sell the property. “We’re now a year and a half into this process and still talking about things that are prospective in nature,” IGC director Sarah Tait commented.Įlsewhere, the Horseshoe Hammond Casino near Chicago will remain in the hands of Caesars Entertainment.

We’re now a year and a half into this process and still talking about things that are prospective in nature”Īs reported by the Chicago Tribune, commissioners noted that Lucky Luck had not yet hired an executive team to run the casino or secured full financing despite the project being more than a year old. The IGC approved the new $125m gambling venue in May last year, but delays and forced ownership changes have marred the project since then. In a blow to its owner Lucky Luck Gaming, a new Terre Haute casino in Vigo County will not have its gaming license renewed by the regulator, according to a ruling delivered Thursday. The Indiana Gaming Commission (IGC) has provided rulings regarding two casinos in the state, denying the renewal of one facility’s license and canceling the forced sale of another.

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