News Release
Indianapolis, Ind. — Indianapolis-based Centaur Holdings, LLC announced today the completion of the acquisition of Indiana Grand Casino and Downs in Shelbyville, Ind. The acquisition brings together two of the leading racetrack casinos in the Midwest, with the addition of Indiana Grand Casino and Downs to Centaur’s Hoosier Park Racing & Casino in Anderson, Ind. The $500 million transaction increases Centaur’s total workforce to more than 2,000 Indiana residents.
“Today represents the culmination of considerable time and effort made on behalf of Centaur by our team members, community partners, Indiana regulators and legislators, horsemen, and our sponsors, whose efforts were key to this successful acquisition,” said Rod Ratcliff, Centaur Holdings, LLC chairman and chief executive officer. “Centaur is looking forward to continuing to offer guests in Indiana and from throughout the Midwest the best in gaming, racing, and entertainment through the combination of these facilities.”
Centaur, founded in 1993, is a company built on the precept of furthering the entertainment and economic development benefits of Indiana gaming and horse racing. “Centaur embraces the role and understands the importance of being a dedicated and thoughtful community partner,” said Jim Brown, Centaur’s president and chief operating officer. “As a company, we will place significant support behind efforts to give back in our host communities through both service and support.”
The acquisition will expand Centaur’s Indiana footprint to nearly every corner of the state with racetrack casinos in Anderson and Shelbyville Ind. and off-track betting properties in Merrillville, Fort Wayne and Clarksville, Ind. Additionally, its recently renovated Winner’s Circle Pub, Grille and OTB, located in downtown Indianapolis, represents a $3 million investment in a new, state-of-the-art off-track betting concept.
About Indiana Grand Casino and Downs: Indiana Grand Casino and Downs holds multiple awards from industry publications for customer service, entertainment, gaming and dining. Located in Shelbyville, Ind., the racetrack and casino features 2,000 of the latest slots and electronic table games and a 1-mile oval horse track offering live and simulcast Standardbred, Thoroughbred and Quarter Horse racing each year. Simulcast wagering is also offered year-round at the Indiana Grand Casino and Downs off-track betting property located in Clarksville Indiana. For more information, please visit www.IndianaGrand.com.
About Hoosier Park Racing & Casino: Hoosier Park Racing & Casino was recently ranked as the Indianapolis Area’s Most Popular Attraction for the third year in a row by the Indianapolis Business Journal and holds multiple awards from industry publications for customer service, entertainment, gaming and dining. Hoosier Park Racing & Casino, a fully integrated gaming and racing facility, features 2,000 of the latest slots and electronic table games and a 7/8 mile oval horse track offering live and simulcast Standardbred, Thoroughbred and Quarter Horse racing each year. Simulcast wagering is also offered year-round at the Winner’s Circle Pub, Grille & OTB in Indianapolis and two off-track betting properties located in Fort Wayne and Merrillville, Indiana. For more information, please visit www.hoosierpark.com
About Centaur: Indianapolis-based Centaur Holdings, LLC, founded in 1993, focuses on bringing the entertainment and economic benefits of casino gaming and horse racing to key communities across Indiana. Centaur owns and operates Indiana Grand Casino and Downs in Shelbyville, Ind., Hoosier Park Racing & Casino in Anderson, Ind., Hoosier Park’s Winner’s Circle Pub, Grille & OTB in Indianapolis, Ind. and off-track betting facilities in Clarksville, Fort Wayne and Merrillville, Ind
