INDIANAPOLIS (WISH) - The Indiana Gaming Commission will consider Thursday whether to approve the sale of Indiana Downs and Grand Casino in Shelbyville, 24-Hour News 8 news partner The Herald Bulletin reports.
The owners of the Shelbyville casino and racetrack filed for bankruptcy in 2011.
Last fall, Centaur ? owner of the racino in Anderson, Hoosier Park - made the winning bid for Indiana Downs ?and Grand Casino. A bankruptcy judge approved the deal in November, but it still needed regulatory approval from the gaming and horse racing commissions. Centaur was to pay $500 million and assume the second racino?s debts.
Source: http://www.wishtv.com/dpp/news/local/east_central/racinos-fate-in-hands-of-gaming-board
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