EBCI Holdings

IGC approves Caesars Southern Indiana’s $250M sale to EBCI Holdings

The operator of Caesars Southern Indiana Hotel & Casino has finally obtained regulatory approval for the sale of the property to EBCI Holdings LLC -- a new venture formed by the Eastern Band of Cherokee Indians.

In December last year, Casino operator Caesars Entertainment signed a deal with the Eastern Band of Cherokee Indians to sell Caesars Southern Indiana Casino to EBCI Holdings for $250 million. Now, the Indiana Gaming Commission (IGC) has also approved the deal.