Casino operator Caesars Entertainment is reportedly looking to spend up to $1b to expand its Indiana casino footprint.

On Wednesday, Bloomberg reported that Caesars was in the “final stages of negotiations” with Indiana-based Centaur Gaming LLC to acquire Centaur’s Hoosier Park casino in Anderson and the Indiana Grand casino in Shelbyville.

Caesars is reportedly willing to pay $1b for the two properties, which also include racetrack operations. Each of the racinos has over 2k slot machines and generated combined $480m in gross gaming revenue in their most recent fiscal year. Centaur also operates several off-track betting venues in the state.

The privately-held Centaur paid $500m to acquire the Indiana Grand in 2013. In May of this year, reports circulated that Centaur had enlisted Deutsche Bank to explore a potential $1b sale of the company. Bloomberg claimed that the Caesars deal could be concluded as early as this week, but neither company has issued any statement on the report.