Archive for June, 2010

Sioux City Argosy Casino to Stay on the River

Posted by admin On June - 23 - 2010ADD COMMENTS

The Argosy casino in Sioux City, Iowa has announced that it will stay at its current location along the coast of the Missouri River. It will not be moving towards an inland location. The announcement was made by casino head Kees Eder on June 21.

The casino has chosen to stay in its current location in order to keep from dealing with expenses that would have been created upon moving. Concerns about the upcoming opening on a casino in Northwest Iowa in Larchwood helped encourage the Argosy casino to stay in its current location as well.

There has been some talk of moving the casino since Penn National Gaming bought the casino for more than two billion dollars back in 2005. A number of areas, including the Sioux City Convention Center and the empty Warrior Hotel, have been considered as possible sites for the casino. However, casino officials have openly stated that the physical build of the Warrior Hotel would make it difficult to put a casino in there.

The main goal of all relocation concerns has been to look into finding a downtown location for the casino. Eder has stated that the casino is looking to work with a one-deck form instead of the two-deck form that it is using as a riverboat.
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The Hollywood Casino Perryville in Perryville, Maryland is going to be opening on September 30. This is approximately a month earlier than that of when the casino originally expected to open up.

This change in the opening date came after reports stated that the casino received support from the state Board of Public Works. The Board agreed to spend fifty million dollars to get a thousand slot machines ready for the casino.

The casino cost about ninety million dollars to build. The construction on the casino has been well ahead of schedule and was a major factor into the decision to move the opening date of the casino up to September 30. The casino will have about fifteen hundred video lottery terminals. It will be operated by Penn National and will create at least three hundred new jobs in the state.

The casino, which is going to be located off of I-95 in an area of northeast Maryland near Aberdeen, will be the first casino to open up in Maryland. It will be approximately 75,000 square feet in size. The state already has six horse racing tracks but it does not feature any other gaming options until this new casino opens up.
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The Greenbrier Casino To Open on July 2

Posted by admin On June - 8 - 2010ADD COMMENTS

The new Casino Club at the Greenbrier will be opening on July 2 in White Sulphur Springs, West Virginia. The new casino will be an underground facility that takes up nearly ninety thousand square feet of space. The entire area will be underground in order to make sure that the ambience of the Greenbrier resort will not be disrupted by the new casino. People can enjoy more than 10 casino games in the Greenbrier casino

The casino will feature a variety of different table games. These include such popular games as poker, blackjack and roulette. There will also be more than three hundred slot machines for guests to enjoy. Some of the slot games are video lottery games that have been authorized by the West Virginia Lottery.

A private room for high-stakes games, the Greenbrier Royale room, will also be available for guests with high amounts of money.

The Casino Club will open with a series of special packages for Greenbrier guests. People can stay at the casino at a cost of $1200 per person. $300 in vouchers to spend at the Casino Club will also be offered.

The opening on July 2 will feature a black-tie dinner with a champagne toast. A concert with music star Lionel Ritchie will also be held during the opening event.

Two casino initiatives in the state of Michigan are being proposed by opposing groups. These two groups are currently working to collect signatures from potential supporters. This is so these initiatives can get on the ballot for the November election.

The first group that is looking to get on the ballot is Michigan is Yours. The group, which is endorsed by the mayor of Benton Harbor and the former Detroit Gaming Commissioner, is looking to add seven new casinos in the state. These include casinos in Detroit, Flint, Benton Harbor and even in Detroit International Airport. The group is also looking to get sports betting to be allowed in these casinos.

The second group in question is Racing to Save Michigan. The group, which is led by a number of executives for assorted racetracks in the state, is looking to add casinos in a different manner. It wants to add three new casinos in Michigan along with casino games to all five racetracks in the state.
Both groups have differing tax proposals. The Racing to Save Michigan plan would involves casinos having thirty percent of their gross revenues taxed. The Michigan is Yours campaign is proposal a tax level of only nineteen percent.
Both groups will need to get petitions with 386,000 signatures on them before they can be added to the ballot. The deadline to receive these signatures is July 5.
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A casino license for Lyon County, Iowa has been approved. The Iowa Racing and Gaming Commission agreed to give this license to the area. The Commission determined that this casino license will help to get plenty of revenue from visitors outside of Iowa. The Commission also determined that other Iowa casinos would not be harmed by this new one.

The casino will be specifically placed in the town of Larchwood. This Lyon County town is less than ten miles away from Sioux Falls, South Dakota.

The casino in question will be a major part of the Lyon County Casino and Golf Resort in Larchwood. This casino is projected to have a little over nine hundred slot machines along with other games. A large center for events and a small hotel will also be featured here.

The casino is expected to open in the middle part of 2011. Construction will begin on the site in June. Also, a golf course that will open on the site in 2013 will be built during the same time. More than four hundred jobs will be added to the economy.

This license was added after three other applications for casino licenses in Iowa were rejected by the Commission. The Commission will not rule on any new licenses for at least three years.

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