It owns the real estate of Caesars casinos including Horseshoe Hammond. The agreement calls for an annual payment of $32.5 million. The casino is located in the Harrison County town of Elizabeth, across the Ohio River from Louisville, Kentucky.ĮBCI will enter into a lease with VICI Properties Inc., which owns the real property of the casino. 31 deadline to divest from the casino operation. Caesars Entertainment has reached an agreement to sell its southern Indiana casino to the North Carolina-based Eastern Band of Cherokee Indians for $250 million.Ĭaesars Entertainment officials announced the sale agreement for Caesars Southern Indiana, formerly branded as a Horseshoe casino, last week, ahead of the company’s Dec.
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