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The Las Vegas-headquartered firm used a short Tuesday press release to declare that the disposal of the 338-room venue to the real estate investment trust (REIT) recently spun off from Penn National Gaming Incorporated is expected to close next year ‘subject to regulatory approvals and other customary closing conditions’ to see its footprint in the Indiana casino market reduced to four properties.com, the move from the Gambling Commission regulator involving GameAccount Network, BGO Entertainment Limited and NetBet Enterprises Limited followed the conclusion of three separate investigations that had uncovered multiple failings. We are acquiring the operations at a value accretive multiple while also enhancing our interactive offerings....

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The newly-enlarged entity nevertheless continues to be responsible for the Indiana Grand Racing and Casino, Horseshoe Hammond, Caesars Southern Indiana and Harrah’s Hoosier Park venues although it may subsequently look to offload more properties in ‘The Hoosier State’ so as to further assuage any anti-competition concerns. The source detailed that the trio have now been ordered to pay a range of financial penalties totalling over . The fast-growing firm recently moreover paid million for the worldwide rights to the Bally name and detailed that the riverside Tropicana Evansville with its 45,000 sq ft casino and four restaurants is to become the 14th venue it runs across ten states....