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Caesars Southern Indiana (formerly Caesars Indiana and Horseshoe Southern Indiana [1]) is a casino hotel in Southern Indiana. Opened in 1998, it is owned by Vici Properties and operated by the Eastern Band of Cherokee Indians , using the Caesars name under license from Caesars Entertainment .
The Derby City Classic is an annual pool convention and tournament held every January at the Caesars Southern Indiana casino in Elizabeth, Indiana, near Louisville, Kentucky. [1] It is eight days long and offers various disciplines of competition for pool players of all caliber. [ 2 ]
In November 2022, Caesars was added to the list of "Best Employers for Veterans" by Forbes. [49] [50] In August 2023, ESPN announced a new agreement with rival Penn Entertainment to launch a branded sportsbook business under the ESPN Bet branding. This triggered an escape clause in Caesars' existing partnership with ESPN. [51] [52] [53]
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The racetrack was previously known as Indiana Downs. [2] The casino opened on March 13, 2009 as Indiana Live! Casino. It was renamed Indiana Grand Casino in June 2012, and rebranded as Indiana Grand Racing & Casino in February 2013. Centaur Gaming purchased the casino in February 2013. Caesars Entertainment acquired it in 2018. [3]
Vici completed two transactions with Caesars in 2018, purchasing the Octavius Tower at Caesars Palace for $508 million and Harrah's Philadelphia for $242 million, and leasing them back to Caesars for $35 million and $21 million per year, respectively. [20] In 2019, Vici made two purchases in conjunction with Penn National Gaming.
Harrah's Entertainment (later named Caesars Entertainment Corporation, previously The Promus Companies) was an American casino and hotel company founded in Reno, Nevada, and based in Paradise, Nevada, that operated over 50 properties and seven golf courses under several brands.
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