Terre Haute Casino Scrambles to Clean Up Its Act In Order to Keep Gaming License


The Indiana Gaming Commission has given Spectacle Entertainment…the Parent Company of Spectacle Jack, 30 days to submit a plan to address major concerns the commission has uncovered during its ongoing investigation. The “unprecedented set of negative circumstances” involving financial transactions, ownership transfers, contracts, failures to disclose, improper use of funds, improper accounting practices, failure to act within the occupational licensure parameters and ex parte communications have been identified in the Indiana Gaming Commission’s review.

https://www.chicagotribune.com/suburbs/post-tribune/ct-ptb-gary-spectacle-casino-st-1125-20201124-rlczgwuxzvcixdyeb35umdpcee-story.html

Greg Gibson, owner of Spectacle Jack, says they are cooperating with the IGC and that Spectacle Entertainment is a separate company.

https://terrehautenews.net/2020/01/27/terre-haute-casino-spectacle-entertainment-vice-president-and-general-council-identified-in-federal-corruption-case/

Meanwhile, Full House Resorts, the owner of Rising Star Casino that had the original idea to bring a Casino to Terre Haute is moving forward with plans to secure a New Casino/Gaming License in Waukegan, Illinois.

https://terrehautenews.net/2020/01/27/indiana-investigating-corruption-with-the-terre-haute-casino-operators-no-sht/

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