Churchill Downs Incorporated unveils Terre Haute casino proposition

Churchill Downs Incorporated unveils Terre Haute casino proposition

American casino operator Churchill Downs Incorporated has announced the official submission of a proposal to bring a new gambling-pleasant advancement to the western Indiana city of Terre Haute.

The Louisville-headquartered company utilized a Wednesday press release to disclose that its envisioned Queen of Terre Haute Casino Resort would come full with a 125-room hotel in addition to a casino offering as many as 1,000 slots and 50 gaming tables. The organization stated that all of this would be complemented by a TwinSpires-branded sportsbook and ‘several foods and beverage offerings’ as well as design and style functions and ideas that ‘reflect the unique heritage of Vigo County and the surrounding region.’

Filled discipline:

Churchill Downs Incorporated already owns the 140,000 sq ft Rivers Casino Des Plains facility in the neighboring state of Illinois and is one particular of 4 companies bidding for the license to carry a casino to the Indiana community. The organization is now hoping that its aggressive bid, which it divulged draws inspiration from Terre Haute’s ‘Queen City of the Wabash Valley’ nickname, will be authorized by the Indiana Gaming Commission this year so as to permit it to open the facility by the finish of 2022.

Alluring appraisal:

Bill Carstanjen serves as the Chief Executive Officer for Churchill Downs Incorporated and he employed the press release to proclaim that he needs the Queen of Terre Haute Casino Resort to become a ‘destination gaming facility’ for aficionados from across Indiana, Illinois and Kentucky. The boss moreover declared that a latest financial effect assessment conducted by Purdue University estimated that the planned venue would annually benefit the area to the tune of about $190 million and produce approximately 500 full-time jobs.

Go through a statement from Carstanjen…

“Churchill Downs Incorporated has a 147-year track record of offering extraordinary entertainment experiences and has considerable knowledge establishing premier casino and gaming properties during the United States. We are proud to offer you our vision for this globe-class casino, which would be a true destination resort made to draw site visitors and financial action from across the Midwest to Terre Haute.”

Community cheer:

Churchill Downs Incorporated is up against rivals Complete House Resorts Integrated, Tough Rock Worldwide and the neighborhood Terre Haute Entertainment joint venture in the race for the license to bring a casino to Terre Haute. Even so, Carstanjen expressed optimism regarding his company’s bid as the evaluation additionally calculated that it would sooner or later lead to a 2% increase in gross regional product.

Carstanjen’s statement read…

We appreciate the regional encouragement we’ve received as we’ve evaluated this opportunity. In the days ahead, we appear forward to producing our case to the Indiana Gaming Commission as to why our proposal to develop the Queen of Terre Haute Casino Resort is in the greatest curiosity of the residents and firms of Terre Haute, Vigo County and the state of Indiana.”