Horseshoe’s land-based plan approved
The Indiana Gaming Commission last week approved Horseshoe Southern Indiana’s plans to move its riverboat casino operations inland.
The $85 million project will eliminate the need for a riverboat by building a new facility on land.
The IGC voted unanimously to give Caesars Entertainment Corp., the company that owns Horseshoe, approval to move forward.
A 2015 law allows riverboat casinos to move to dry land as long as they stay within their existing footprint.
The casino will connect to Horseshoe’s current pavilion.
The 100,000-square-foot casino will be a single level and will include restaurants, an entertainment venue and retail outlets, according to a news release from Caesars.
‘By moving the casino operations to a new building, we are able to give guests a fresh, new modern casino and an enhanced experience,’ Brad Seigel, senior vice president and general manager of the property, said. ‘Integrating the food, entertainment and gaming outlets in one area builds upon the high-quality experience that guests expect from our property. We will continue to operate as normal during the renovation, and welcome guests to take this journey with us over the next 18 months.’
The redesign of the space incorporates a modern feel to the casino with outdoor balcony spaces, a state-of-the-art ventilation system and windows allowing natural light into the space. The project also includes renovations to the existing meeting and conventions space.
‘We are proud of our 20-year history of operating in Indiana and the millions of dollars and hours of contributions we make to the local communities in which we work, live and play,’ Siegel said. ‘This project further demonstrates our continued enthusiasm for and commitment to the state. We appreciate the commission’s decision today and look forward to continuing our positive working relationships at the state and local level.’
Work is expected to begin within the next couple of months with a targeted completion date for the second half of 2019. The riverboat will continue to operate during construction.
More information will be available for guests on the property and on Horseshoe Southern Indiana’s website and social-media pages.
Caesars Entertainment Corp. received unanimous approval in January from the Harrison County Advisory Plan Commission to amend its planned unit development in order to move inland.
There was some concern in the following months about a potential $50 million fee (license transferring fee in regard to its plans to purchase properties in Anderson and Shelbyville) from the state of Indiana hindering the project, but those fears were put aside last week.