HAMMOND — The parent company of the Horseshoe Casino is weighing takeover offers, including a potential sale to another gaming company as well as a possible management-led buyout, according to a report in Thursday's Financial Times.
The London-based business publication, citing people familiar with the matter, said the purchase offer is from Fertitta Entertainment, which owns the Golden Nugget chain that operates a casino in Danville, Illinois.
Caesars operates three gaming properties in Indiana, including the Horseshoe casinos in Hammond and Shelbyville, and Harrah's Hoosier Park in Anderson.
The Eastern Band of Cherokee Indians also licenses the Caesars brand name for its Caesars Southern Indiana casino in Elizabeth.
The four properties consistently rank each month as the second through the fifth highest-earning casinos in the Hoosier State, behind only Hard Rock Casino Northern Indiana.
The current Caesars Entertainment Inc. was established in 2020 when Eldorado Resorts acquired Caesars Entertainment Corp. to create a company with more than 50 gaming properties nationwide, including Caesars Palace in Las Vegas.
Caesars also operates Illinois casinos in Elgin, Joliet and Metropolis.
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