Ho-Chunk Incorporated wants to partner with a non-profit to build a casino in Sioux City
At ribbon cutting in downtown Sioux City, Ho-Chunk announced that it has officially purchased the Terra Centre.
SIOUX CITY, Iowa (KTIV) -
Ho-Chunk Incorporated wanted to partner with Missouri River Historical District to build a downtown casino.
Even after Thursday night's announcement, it still wants to build but in order to do that it'll have to partner with an alternate non-profit.
Thursday afternoon, at a ribbon cutting in downtown Sioux City, Ho-Chunk announced that it has officially purchased the Terra Centre.
We caught up afterwards with Ho-Chunk's CEO and President, Lance Morgan, to ask about which non-profit it would select.
Morgan says it would like to create a non-profit of it's own to partner with.
"We think we have a strong proposal, and we think we have a Sioux City based proposal and all our money for the last 20 years went to Pennsylvania and now it's going to go to Las Vegas, we don't support that one bit. We want the money to go back into Sioux City," Lance Morgan, Ho-Chunk President and CEO said.
Morgan says an announcement will be made in a couple days about their plan.
He says they're currently looking at two possible sites in downtown Sioux City.
The estimated project cost will be 110-million dollars.
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