A lawsuit that once imperiled operations at Northwest Indiana's newest gaming destination —Hard Rock Casino Northern Indiana — has been dismissed.
The Indiana Gaming Commission unanimously approved an agreement Wednesday transferring majority ownership of the Gary casino to Hard Rock International, an enterprise of the Seminole Tribe of Florida.
The lawmakers are threatening to take action to block the Indiana Gaming Commission from inquiring into the personal and financial ties of investors in privately-held casino companies.
Hard Rock International has agreed to develop and manage a "Rocksino" casino in Terre Haute, approximately 165 miles south of the new Hard Rock Casino Northern Indiana in Gary.
A judge is likely to decide next month whether to halt a state rule requiring shareholders in the parent company of the Hard Rock Casino be more transparent about their finances and business connections.
"Public trust requires strict regulation, which demands adequate information and transparency concerning casino ownership and operations," the Indiana Gaming Commission said.
Shareholders in the parent company of the Hard Rock Casino Northern Indiana are seeking an immediate halt to new state rules requiring greater disclosure of financial records and business interests.