More than 20 Years of Indiana Ownership and Operation
In what began as a singular idea in 1993 – bringing pari-mutuel horse racing to Indiana – has grown and expanded into a $1 billion industry economically affecting all 92 Indiana counties through the creation of thousands of jobs and valuable tax revenues. Centaur Gaming has been there from the beginning and has gone on to become Indiana’s only gaming and racing company and an employer to more than 2,000 Hoosiers statewide.
Through partnerships with Indiana horsemen organizations and working with the State of Indiana, the past two decades have seen Indiana’s racetracks grow into regional entertainment destinations with satellite race wagering facilities serving guests in nearly every corner of the state.
A successful partnership with Churchill Downs Inc. in 1993 brought Centaur Gaming into the world of horse racing and made possible the opportunity to see pari-mutuel racing come to Indiana. Building Hoosier Park, Indiana’s first pari-mutuel racetrack, Centaur Gaming co-owned the 7/8-mile racetrack property until 2007 when it purchased full ownership from Churchill Downs. In that same year, Centaur Gaming was successful in passing legislation to allow the use of electronic gaming at Indiana’s two racetracks. Almost immediately, plans were drafted and ground was broken on the new Hoosier Park Racing & Casino – a fully integrated gaming and racing property located just minutes north of Indianapolis in Anderson, Indiana. The full racetrack casino property opened to the public in June 2008.
Hoosier Park Racing & Casino has gone on to accomplish many industry firsts since 2008. Hoosier Park has implemented industry-leading electronic table games, FastBet Mobile wagering technology, creating one of the nation’s only fully integrated gaming and racing facilities, and completely reinventing the Off Track Betting concept with the Winner’s Circle Pub, Grille, & OTB located in downtown Indianapolis. Additionally, a Centaur Gaming features a Winner’s Circle Brewpub & OTB in New Haven, Indiana and an off track betting facility located in Clarksville, Indiana.
At the same time Centaur Gaming was beginning to build Hoosier Park in partnership with Churchill Downs, a separate venture was underway to bring a new riverboat casino to Lawrenceburg, Indiana. In early 1993, the Indiana Riverboat Gaming legislation passed making way for 10 new casino licenses. Centaur Gaming, this time collaborating with Indianapolis-based Conseco, competed for and eventually won the licensing rights to build the Argosy Riverboat Casino, which opened in 1998. For more than a decade, the Argosy Riverboat, now known as Hollywood Casino, was the highest grossing riverboat casino in the country. In 2001, Centaur Gaming sold its share in the Argosy Riverboat and increased its stake in Hoosier Park.
Centaur Gaming successfully acquired Indiana Grand Racing & Casino in February 2013 and has added its 1-mile dirt and 7-furlong turf racecourse as well as its Las Vegas-style casino floor to its growing list of Indiana entertainment destinations. Indiana Grand Racing & Casino also features an Winner’s Circle Brewpub & OTB just off the casino floor.
Beginning as a racetrack in 2002, known as Indiana Downs, the previous owners capitalized on the passage of the electronic gaming legislation in 2007 and expanded the racetrack facility with a $350 million casino. The entire Indiana Grand Racing & Casino property spans more than 318,000-square feet and is located minutes south of Indianapolis in Shelbyville, Indiana.
Each year more than 7 million people visit Centaur Gaming properties from throughout Indiana and the Midwest region. Priding itself in offering those guests the best value in gaming, racing, dining, and entertainment, Hoosier Park Racing & Casino and Indiana Grand Racing & Casino are the annual recipients of numerous industry awards for superior customer service, dining, entertainment, and gaming and racing excellence.