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Caesars Sells Southern Indiana Casino to Cherokee Tribe in $250M Deal


Caesars Sells Southern Indiana Casino to Cherokee Tribe in $250M Deal
December 25, 2020, 6:16 am
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Casino giant Caesars Entertainment Inc. has agreed to sell its Caesars Southern Indiana casino to the Eastern Band of Cherokee Indians (EBCI) for $250 million, news emerged Thursday.
The Southern Indiana property is being sold to the tribal operation a year after Caesars completed its $90 million renovation and expansion.
Caesars Southern Indiana is Caesars’ second property in the Hoosier State the company has agreed to sell this year. The casino giant announced in October that it had entered into an agreement to
offload Tropicana Evansville to Bally’s Corporation. That deal is expected to close by mid-2021. ....

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