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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