April 16, 2024
IndianaNews

New owner seeks to move Gary casinos off Lake Michigan

by Associated Press0
FILE - In this June 3, 1996, file photo, gamblers fill the tables on two decks during a practice cruise on the Majestic Star Casino in Gary, Ind. Donald Trump’s appeal to black voters sounds familiar in Gary, and not in a good way. In 1993, Trump swooped into Gary on his private jet and pledged to make the down-on-its-luck city great again with a riverboat casino along a Lake Michigan shoreline littered with shuttered factories. Little more than a decade later Trump’s company declared bankruptcy, leaving behind lawsuits and hard feelings in the majority-black city.(AP Photo/Michael Conroy, File)

GARY, Ind. (AP) — Some former Indiana casino executives are behind a new company buying the two Gary casinos with aims of moving them off the Lake Michigan shore.

The new entity Spectacle Entertainment has announced it is buying the Majestic Star Casino boats in Gary for an undisclosed price. Spectacle is led by former executives of Centaur Gaming, which sold Hoosier Park in Anderson and Indiana Grand in Shelbyville to Las Vegas-based Caesars Entertainment Corp. this year for $1.7 billion.

Spectacle General Counsel John Keeler says the company will seek approval from the state Legislature to relocate one of the Majestic Star casinos elsewhere in Gary and the other to another city. He says one possibility is Terre Haute, which is where Spectacle investor and vice chairman Greg Gibson lives.

Related posts

Brownsburg woman arrested after allegedly attaching, injuring special needs daughter

Network Indiana

Hendricks County Indiana deputy killed while responding to crash

Network Indiana

South Whitley man killed in crash in Kosciusko County

Jon Zimney

Leave a Comment

Save my name, email, and website in this browser for the next time I comment.