Caesars Entertainment acquired it in 2018. Centaur Gaming purchased the casino in February 2013. It was renamed Indiana Grand Casino in June 2012, and rebranded as Indiana Grand Racing & Casino in February 2013. The casino opened on Maas Indiana Live! Casino. The racetrack was previously known as Indiana Downs. Logo of Indiana Grand Racing & Casino prior to its rebranding in January 2022 Marc Cohn, All-4-One, Color Me Badd, Ginuwine, Ludacris, and comedian Mike Epps. Horseshoe Indianapolis' casino has hosted musicians such as The Buckinghams, Grand Funk Railroad, Duke Tumatoe of REO Speedwagon, Peter Noone of Herman's Hermits, The Lovin' Spoonful, The Box Tops, Paul Revere & the Raiders, The Fabulous Thunderbirds, The Kentucky Headhunters, Fuel, It was built at a cost of more than $250 million. The 233,000-square-foot (21,600 m 2) facility has over 1,704 slot machines and live table games. It offers gaming, restaurants, a gift shop and entertainment. It is the closest casino to Indianapolis. Horseshoe Indianapolis (formerly Indiana Grand Racing & Casino and Indiana Live!) is a casino with a horse racing track in Shelbyville, Indiana owned and operated by Caesars Entertainment.