The Indiana Gaming Commission forced Spectacle officials to give up their ownership stakes in Gary and Terre Haute casino projects following Keeler and Waltz’s indictments in 2020.

Keeler, who was a Republican legislator for 16 years in the 1980s and 1990s, was sentenced to two months in federal prison and fined $55,000. Brent Waltz, for their role in a scheme to illegally funnel gambling money into the lawmaker’s unsuccessful 2016 bid for congress. In 2022, longtime casino executive John Keeler was sentenced, along with former Indiana state Sen.

The embattled casino company has been the subject of several federal investigations in recent years. Other evidence obtained by investigators included digital images of documents, “covert recordings of conversations with Eberhart,” and “records of statements and actions in the Indiana legislature,” according to court documents. Eberhart sent text messages regarding his efforts to secure legislation in favor of the company, according to prosecutors, who said he promised to “make it right for” the founder of Spectacle, identified only in court documents as “Individual A.”

Campobet casino scam