1 casino suitor gives up on Orange Co. - 2004-02-18
A second casino company has left the running for the Orange County casino.
Park Place Entertainment, which runs the Caesars Indiana casino in Harrison County, has withdrawn its application. In a news release, company officials said Park Place would probably not have gotten a large enough return on its investment in French Lick.
The decision leaves just three bidders for the state's 11th riverboat: Trump Hotels and Casino Resorts, a group lead by Indiana Pacers executive Larry Bird and a group lead by former Indiana State Police Sgt. Craig Adolph. In December, Jacobs Entertainment, based in Black Hawk, Colo., withdrew its application for the Orange County casino.
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