The Herald Bulletin

Morning Update

Local Business

December 13, 2013

Centaur Gaming plans to invest $2 million in new off-track betting site

Off-track betting site to move to New Haven

ANDERSON — A plan to relocate a Fort Wayne off-track betting site owned by Centaur to New Haven has been approved by the Indiana Horse Racing Commission.

The Winner’s Circle Brewpub and OTB, which will be operated by Hoosier Park Racing & Casino, will replace the former facilities at 1820 W. Washington St. in Fort Wayne.

“We are real excited,” said Kurt Wilson, executive vice president for Centaur Gaming. “We are just now getting the green flag to relocate our Fort Wayne OTB so we are still in the development stages.”

Centaur plans to invest $2 million at its new site, which Wilson said will feature a special-event space, enhanced betting technology, a restaurant and Indiana craft beers.

No jobs will be lost in the relocation of facilities, said Grant Scharton, a spokesman for Hoosier Park, and the company is forecasting a 50 percent revenue increase within two years of opening the new location.

“It is an eight-mile drive from the old location to the new location,” Scharton said.

The old site is in negotiations to be sold and possibly demolished to create a new hotel, Wilson said.

“This will be a fun environment and more in with the times,” Wilson said. “People can expect an upscale, fresher environment. It will be a great setting for meetings or a nice night out for food and fellowship.”

Like Traci L. Moyer on Facebook and follow her @moyyer on Twitter, or call 648-4250.

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