UPDATE: Penn National asks court to decide breach of contract - KTIV News 4 Sioux City IA: News, Weather and Sports

UPDATE: Penn National asks court to decide breach of contract suit

Posted:
WYOMISSING, Pa (KTIV) -

Argosy Casino's parent company is again asking a court to make a decision in its breach of contract suit against Missouri River Historical Development.

MRHD sued Penn National in January claiming it had the right to "shop around" for an operator that would best deliver the type of land-based casino it envisioned for the city.

Penn counter-sued, accusing the non-profit of breach of contract.

Penn spokeperson Eric Shippers says MRHD ignored the contract's existence during the last Iowa Racing and Gaming Commission hearing.  Penn claims that was the basis for the IRGC's action to begin a process of revoking the casino company's gambling license and take other license applications.

Penn is asking the court to affirm their contract with MRHD, and says not doing so will put their business and local job security in jeopardy.

Shippers says Argosy has, "lost the ability to retain key employees as a result of the unstable environment created by MRHD's actions."  

Three-hundred people are employed at the riverboat casino, according to the company.

 

 

Powered by WorldNow
All content © Copyright 2000 - 2013 WorldNow and KTIV Television Inc. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Kathy Clayton at (712) 239-4100 x209. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.