Indiana Approves Majestic Star Sale, Eyes Sports Betting

Spectacle Entertainment and Chairman and Chief Executive Officer Rod Ratcliff (l.) officially owns the two Majestic Star casinos in Gary, Indiana, following the state gaming commission’s approval. Spectacle wants to move one license to a new $300 million - $400 million land-based facility in Gary and the other to Terre Haute., which depends upon a massive gaming bill in the state legislature to pass.