ELIZABETH, IN (WAVE) - Caesars Entertainment is investing $85 million to move Horseshoe Casino on land, the corporation announced Monday.
The riverboat location trademark to the Harrison County casino will be no more, in it's place will be a 100,000 square foot, single-level facility.
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Indiana Gaming Commission Chairman Michael McMains said Monday the move is exciting for Indiana.
"Indiana will benefit by this additional investment," McMains said. "It helps Indiana stay in first place for our gaming, it increases economic development, and we're just delighted that these companies continue to invest in our state's gaming."
The project not only includes moving gambling operations on land, but also improvements to existing meeting and conventions space.
"We are proud of our 20-year history of operating in Indiana and the millions of dollars and hours of contributions we make to the local communities in which we work, live and play," said Brad Seigel, Senior Vice President and General Manager of the property. "This project further demonstrates our continued enthusiasm for and commitment to the State. We appreciate the Commission's decision today and look forward to continuing our positive working relationships at the State and local level."
The renovation is slated to be complete in mid to late 2019.