Indiana Horse Racing Commission Approves Eldorado-Caesars Merger

The $17.3 billion merger between Eldorado Resorts and Caesars Entertainment was approved by a second Indiana regulatory agency.

The Indiana Horse Racing Commission approved the pending merger Monday, just three days after the deal also gained the green light from the Indiana Gaming Commission. With the Indiana agencies giving their consent to the deal, only New Jersey remains as the last state that has yet to approve the merger, as reported by Reno Gazette Journal.

The Indiana Gaming Commission is requiring Eldorado and Caesars to sell three of its gaming properties in the state as a condition for its approval. On Monday, Eldorado CEO Thomas Reeg confirmed it will sell the Horseshoe Casino in Hammond to a new operator by the end of the year. He told members of the Indiana Horse Racing Commission that … more: