Play Bingo
Play Blackjack
Play Slots
Play Poker
Play Video Poker
500 Nations Free Casino Games

Indiana Live Casino recently filed Chapter 11 bankruptcy

April 09, 2011

Indiana Live Casino recently filed Chapter 11 bankruptcy. However, it is not a concern for Hoosier Park. On Friday, a spokeswoman for the parent company, Centaur, stated that it will not affect the racino.

Indiana Live is undergoing a restricting. This was stated by Susan Kilkenny, a spokeswoman for Centaur. The company believes that the chapter 11 will not affect the visitors experiences. That also business will continue as normal.

Indiana Live representatives stated that they are $540 million in debt. That they were also unable to restructure with their lenders. Hoosier Park also filed for bankruptcy last year. However, Hoosier Park's outcome has been positive. It is expected that the racino will be out of debt by the end of the year.

Senate Bill 36 was passed on Tuesday by the Statehouse. This provides for a company to own several casinos on land. Previously, only river boat casinos could do that. With the new bill it will be possible for casinos to buy each other out. Centaur was an advocate for the bill. Since Indiana Live has just entered bankruptcy and Hoosier Park is working on resolving their debt problems, there may be change in the gaming landscape of the state

Return to Indiana Casinos.


VOTED #1
Favorite Casino Best Slots

by 500 Nations players

US PLAYERS WELCOME
A World-Class Casino! *Best Slots, Blackjack, Table Games, Sports Book.

Play 300 Free Games
No Sign-up | No Download
$3,000 Welcome Bonus
100% Match Redeem 3X
$3,000 Slots Bonus
100% Match Redeem 3X
Reel-It-In Thursdays
$20 weekly slots bonus
Bet Sports - Live Odds
Get 50% Welcome Bonus
See All Promotions
Member benefits & promos.
Ignition Poker Room
US Players Welcome
$2,000 WELCOME BONUS

Rev up your action with this fully loaded Poker Room and hundreds of casino games!



Join Bovada Join Bovada
500 Nations is an independent directory and information service free of any gaming operator's control and not affiliated with any casino.
Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located.