Centaur tempted by Aztar

Indianapolis Business Journal | March 3, 2008| | Copyright

Indiana riverboat casinos don't go up for sale every day. So when one becomes available, it's bound to spark interest.

Hence, the dilemma facing Centaur Inc., the Indianapolis-based casino developer.

Crestview Hills, Ky.-based Columbia Sussex Corp., the owner of Evansville's Casino Aztar, is attempting to sell the riverboat and affiliated hotel. It's a rare opportunity. And Centaur, which raised $1 billion in October to fund pending gambling projects in three states, has a history of seizing lucky breaks.

That's how Centaur got the chance to enter the "racino" business last spring. After ...

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