Caesars Entertainment announced plans to expand Indiana Grand Racing & Casino in Shelbyville. The $32M project is set to begin in two weeks and is expected to be completed before the end of the year with Indianapolis-based Wilhelm Construction contracted to work on the project.
The expansion will add 25,000 square feet to the racino’s gaming floor, which in turn will allow an additional 100 slot machines and 25 table games. It is also expected to create 100 new jobs for the Indiana casino industry.
Per Mike Rich, senior vice president and general manager of Indiana Grand:
“Since the implementation of table games in early 2020, we have looked forward to expanding our gaming operations, This growth will allow us to accommodate more guests and add more talented team members to the Indiana Grand family.”
World Class Poker Room
Part of the expansion is the creation of a 5,000 square foot World Series of Poker-themed poker room with 20 tables. However, the connection of its poker room to the poker series is more than just branding. It will allow players to actually qualify for World Series of Poker tournaments.
Likewise, Caesars also said that new hospitality, entertainment, and restaurants in the Indiana casino will be announced in the coming months as these are still subject to the approval of the city of Shelbyville and the Indiana Gaming Commission.
One of Indiana’s Most Lucrative Casinos
The Indiana Grand is one of the largest and most lucrative Indiana casinos. According to data from the Indiana Gaming Commission, the racino currently operates with a total of 1,084 slot machines and 61 tables games. Once the planned expansion is complete, only Horseshoe Hammond will have more table games among Indiana casinos.
With racinos finally allowed to offer live table games in 2020, the Indiana Grand generated more than $30M in tax revenues for the Hoosier State. That contribution ranked only second to Horseshoe Hammond’s $49.7M remittance, per information from the Indiana Gaming Commission.
Commitment to Indiana
According to Caesars President and COO Anthony Carano, the company’s investment in the Indiana Grand is a “testament to Caesars Entertainment’s commitment to Indiana.” When the Eldorado merger was consummated last year, Caesars was stipulated to keep only two properties in the state. The company retained Indiana Grand and Hoosier Park in Anderson, both racinos and located within a half-hour drive from Indianapolis.
Caesars reached a deal to sell Tropicana Evansville to Bally’s Entertainment last fall and last December, it announced an agreement with the Eastern Band of Cherokee Indians for the sale of Caesars Southern Indiana in Elizabeth. Caesars now needs to find a buyer for Horseshoe Hammond.