Leadership changes at Spectacle Jack make way for next steps in Vigo County casino license approval process

Local News

INDIANAPOLIS (WTWO/WAWV) — After receiving an amended casino license application from Spectacle Jack, the Indiana Gaming Commission agreed to move forward with a public meeting to discuss the Vigo County license.

The original meeting scheduled for February was was canceled after the IGC became aware of federal court filings in Virginia.

The application was amended to remove Spectacle Entertainment CEO and Chairman Rod Ratcliff and Vice President and General Counsel John Keeler from any involvement in subsidiary Spectacle Jack LLC’s operations.

According to the IGC, the components of the application, such as design and capital investment, did not change.

In a written statement, IGC deputy director Jenny Reske said:

The IGC received an amended application on March 13th for Spectacle Jack’s Vigo County casino license proposal.  IGC staff conducted a review and found that the application continued to meet the requirements of statute.  In addition, the components of the application remain unchanged, including the casino design and capital investment.  We’re pleased Spectacle Jack was able to amend their application in order to allow this matter to move forward.  The legislature awarded this economic development tool to Vigo County and we view it as a very positive development to be able to take the next necessary steps.

As you’ll recall, the meeting in February was postponed as a result of information in court filings out of the Eastern District of Virginia.  Spectacle Entertainment, Mr. Ratcliff and Mr. Keeler have fully cooperated with the IGC’s review of this matter but indicated they wished to provide a voluntary remedy which would allow Commission consideration without additional delay.  The amended application reflects that Mr. Ratcliff and Mr. Keeler are no longer involved in Spectacle Jack’s operations.

As we previously explained, there is a difference between granting a new license and those rights afforded to current licensees.  The IGC’s review continues as Spectacle Entertainment has ownership of Majestic Star Casino.  The IGC’s consideration of the Vigo County license should not be construed to mean that we have reached any conclusion regarding the matters referenced in documents out of the Eastern District of Virginia.

Reske said more details would be discussed during the public meeting scheduled for Friday, May 15. No agenda has been set at this time.

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