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As if this wasn’t enough, the news service reported that the deal furthermore encompasses a provision that is to involve Stars gaining an up to 25-year exclusive option on some content from Fox Sports in exchange for the broadcaster agreeing to spend an undisclosed amount every year advertising with the iGaming operator. To further sweeten the pot, House Enrolled Act 1015 purportedly moreover contains language that would grant tax breaks to the future operator of the Terre Haute-area facility potentially worth tens of millions of dollars.Terre Haute option:Should the operator decide to act on this new legislation, The Indianapolis Star also reported that the operator’s forfeited Gary casino license would subsequently be relocated to a site in Vigo County and given to the winner of a competitive bidding process, which could include the previous holder, complete with a million starting price....
7 billion in July to acquire operator Sky Betting and Gaming from previous owners CVC Capital Partners and Sky.com and PokerStarsNJ.Further options:Bloomberg reported that this alliance also includes an option that gives Fox Corp via its Fox Sports subsidiary a ten-year option on a further 50% of the American business of The Stars Group....
Such a situation would represent the first time Indiana has allowed one of its casinos to relocate to a different county although any proposed move would only be allowed after voters had voiced their approval via a local referendum.Onshore consent:Spectacle Entertainment is reportedly responsible for the Midwestern state’s floating Majestic Star Casino Hotel and Majestic Star Casino Hotel II in Gary’s Buffington Harbor development and has long been lobbying for the right to move one of these operations to a new and more profitable land-based site located along nearby Interstate 94.However, the version of House Enrolled Act 1015 signed by the Republican governor will also compensate Spectacle by allowing it to potentially construct the state’s largest land-based casino featuring the firm’s full existing complement of some 2,764 licensed gaming positions....
Further options:Bloomberg reported that this alliance also includes an option that gives Fox Corp via its Fox Sports subsidiary a ten-year option on a further 50% of the American business of The Stars Group.com domains, which it runs in partnership with the Resorts Digital Gaming LLC entity of Atlantic City’s Resorts Casino Hotel.Wednesday signature:According to a report from The Indianapolis Star newspaper, House Enrolled Act 1015 was signed into law by Holcomb on Wednesday afternoon after versions of the legislation had earlier made it through the Indiana House of Representatives as well as the similarly Republican-controlled Indiana State Senate....
To further sweeten the pot, House Enrolled Act 1015 purportedly moreover contains language that would grant tax breaks to the future operator of the Terre Haute-area facility potentially worth tens of millions of dollars.7 billion in July to acquire operator Sky Betting and Gaming from previous owners CVC Capital Partners and Sky.Further options:Bloomberg reported that this alliance also includes an option that gives Fox Corp via its Fox Sports subsidiary a ten-year option on a further 50% of the American business of The Stars Group....
