SEVERE WX : Flood Warning View Alerts

Native American Tribe Finalizes $250 million Purchase of Caesars Southern Indiana

The 20-year-old casino is located on the Ohio River in Elizabeth, Indiana.

Posted: Dec 24, 2020 10:25 PM
Updated: Dec 24, 2020 10:29 PM

Caesars Entertainment, Inc. has agreed to sell Caesars Southern Indiana to the Eastern band of Cherokee Indians for $250 million, the company announced Thursday.

The 20-year-old casino on the Ohio River in Elizabeth, Indiana, retired its three-floor riverboat and moved into a new, $85 million land-based building in late 2019.

"Expanding our relationship with the Eastern Band of Cherokee Indians is an exciting event for Caesars Entertainment," Tom Reeg, CEO of Caesars Entertainment, Inc., said in a news release. "Since our partnership began back in 1996, we have admired their growth and the success of their properties. We look forward to increasing our relationship by extending the Caesars brand and Caesars Rewards loyalty program to them at Caesars Southern Indiana."

Evansville
Clear
65° wxIcon
Hi: 68° Lo: 47°
Feels Like: 65°
Owensboro
Clear
65° wxIcon
Hi: 66° Lo: 48°
Feels Like: 65°
Princeton
Clear
62° wxIcon
Hi: 65° Lo: 43°
Feels Like: 62°
Madisonville
Clear
64° wxIcon
Hi: 66° Lo: 51°
Feels Like: 64°
Jasper
Partly Cloudy
62° wxIcon
Hi: 65° Lo: 42°
Feels Like: 62°
It was an absolutely gorgeous afternoon throughout the Tri-State, but despite our seemingly endless supply of sunshine today, temperatures remained more than 10° cooler than the norm for this time of the year. Fortunately, today's peak temperature of 65° represents our coolest anticipated afternoon high temperature through the remainder of our extended forecast. While it is indeed encouraging that temperatures will gradually rise through the rest of the work week into the weekend ahead, we'll still have to deal with temperatures back down into the upper 30s and low 40s early Thursday morning.
WEVV 4K Doppler Radar
WEVV 7-Day Forecast
WEVV Watches & Warnings

Community Events