Centaur wins bid for Indiana Downs and Indiana Grand

Sep 24, 2012 6:40 PM

Centaur, the company that owns Hoosier Park Casino & Racing in Anderson, Ind., has made the winning bid for the bankrupt Indiana Downs and Indiana Grand in Shelbyville.

Centaur notified its employees that Indiana Grand’s owners had accepted the bid which was kept secret. The company hopes to close on the property by year end.

A spokesman said the acquisition would create synergies and economies of scale that would make both facilities profitable.

Ray Poirier is the longtime executive editor at GamingToday.

 

Contact Ray at Ray­[email protected].

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