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EBCI makes it official

Company adds Caesars Southern Indiana to its portfolio
EBCI makes it official
EBCI makes it official
Richard Sneed, principal chief of EBCI, and Scott Barber, CEO of EBCI Holdings, cut the ribbon to mark the acquisition of Caesars Southern Indiana at Bridgeport last Wednesday morning. Photo by Kaitlyn Clay
Kaitlyn Clay, Staff Writer, [email protected]

The Eastern Band of Cherokee Indians Holdings marked its acquisition of Caesars Southern Indiana with a ribbon-cutting ceremony last Wednesday at the Bridgeport casino.

EBCI Holdings agreed to purchase the casino’s operations in December 2020 for $250 million. Outside of who holds the license, very little at the casino will be changing as EBCI plans to continue to use Caesars’ branding as well as participate in the Caesars loyalty program, Caesars Rewards.

“Today is an exciting day for EBCI Holdings as we officially celebrate the launch of Caesars Southern Indiana,” said CEO Scott Barber. “We’re honored to carry on the outstanding legacy of this world-class entertainment facility through the superb team of hundreds of local employees who deliver extraordinary experiences to customers every day.”

The new owners said all of the casino’s nearly 900 employees were retained in their current positions, including Caesars Southern Indiana General Manager Brad Seigel and the senior leadership team. The casino continues to look for additional staffing.

This is EBCI Holdings’ first move into commercial gaming and also its first property in Indiana. EBCI Holdings operates two tribal casinos in North Carolina, both managed by Caesars.

“Caesars Southern Indiana provides unparalleled opportunities to our customers, our dedicated employees and all of Kentuckiana,” said Richard Sneed, EBCI principal chief. “EBCI is proud to add this terrific facility to our growing, highly-successful portfolio, but even more proud to work side by side with the amazing people that make this community, region and the state of Indiana strong.”

Sneed said the tribe has a long history of success with its casinos in North Carolina and they are grateful to bring that same spirit, energy and rigor to the Caesars Southern Indiana property.

“Through the thousands of years, my ancestors — the indigenous people of North America — engaged in rigorous commerce before and after European contact,” he said. “The same entrepreneurial spirit that drove our ancestors along trade routes between other tribal nations as far south as Florida is alive and well today. While we are committed to providing the best entertainment and gaming for our guests, we are equally committed to our employees and their families.”

Julie Moorman, president and CEO of the Harrison County Community Foundation, also spoke at the ceremony, citing the numerous endowments and scholarships the Foundation has been able to provide to the residents of the county in thanks to money from the gaming  facility.

“I am excited to work with EBCI in the future and would love to welcome them to Harrison County,” Moorman said.