Indian Gaming > Winnebago Tribe plans a hotel as part of commercial casino bid

Winnebago Tribe plans a hotel as part of commercial casino bid

Tuesday, August 7, 2012
Filed Under: Business Deals

The Winnebago Tribe isn't revealing details of its proposed commercial casino in Iowa but a top executive says a hotel will be a part of the plan.

Ho-Chunk Inc., the tribe's economic development corporation, wants to partner with Missouri River Historical Development, a non-profit, for a land-based facility in downtown Sioux Falls. Bids are due November 1.

“It really is a win-win for the community if a local investor does it,” Lance Morgan, the CEO of Ho-Chunk Inc., told The Omaha World-Herald.

Iowa law requires casino developers to pair with qualified non-profits, the paper said. Missouri River Historical Development has been operating the Argosy, a riverboat casino with Penn National Gaming, an out-of-state company.

Get the Story:
Winnebagos betting on Sioux City casino (The Omaha World-Herald 8/7)
Fitch wants Sioux City Council to meet with MRHD on casino site (The Sioux City Journal 8/7)
Nebraska company wants Sioux City casino license (AP 8/7)
Ho-Chunk CEO: new Sioux City casino will have 'wow' factor (KTIV-TV 8/6)