New Riverboat Casino - Horseshoe Casino Riverboat
Executives at the Harrison County casino formerly known as Caesars Indiana formally unveiled their $53 million renovation and re-branding of the Horseshoe Casino riverboat, a 4-deck gaming vessel now called ‘Legend’, yesterday.
Parent Harrah’s Entertainment Inc. had closed portions of the casino while the business remained open. Harrah’s had said three years ago it would rename the boat, a move that industry experts said would limit its Caesars brand to the high-end Las Vegas and Atlantic City markets. The Horseshoe name was one that people could identify with, Harrah’s officials said. The boat has been renovated and brightened with new carpet, paint, mahogany wood, beige marble and crystal chandeliers tipped with gold.
The fourth deck still features the boat’s high-limit gambling area with a secluded place for high-rollers to play at private tables and the boat still offers about 2,000 slot machines and 104 table games.
Quite a few patrons have remarked that the new riverboat’s slot machine games pay out little. One patron is actually quoted as saying that the machines are ‘tight’ - meaning, that the payout is quite low.
“Everything looks good,” Lasher said. “If they’d boost the machines up, it would help a whole lot. They’re tight.”
Horseshoe, along with most casinos across the country, is reputed to have replaced many high-dollar slots with penny, nickel and dime machines that feature a higher percentage “hold” on the money that’s inserted in them. Gamblers may notice the devices don’t pay out as frequently on the lower denomination games.
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