Ho-Chunk CEO previews casino plans - KTIV News 4 Sioux City IA: News, Weather and Sports

Ho-Chunk CEO previews casino plans

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Ho-Chunk is one of three groups who put in bids for a Sioux City land-based casino.

One of three groups already presented its idea for a casino and next week we'll see another. 

Ho-Chunk, Inc. will present its plans for a casino on Monday.  The company wants to renovate the old Warrior Hotel in downtown Sioux City.


Lance Morgan, the CEO of Ho-Chunk, Inc. says their project stands out from the other ideas on the table.


"Every town has the same restaurants, every town has the same stores, and I've been to towns with Hard Rocks and I've been to towns with Hollywood themed restaurants, casinos, parks and there's only going to be one Warrior," says Morgan.  "I think it has the chance to be unique and the kind of place you would say 'if you visit Sioux City, you've got to make sure you go there,' and it could be our calling card."


Morgan says Ho-Chunk's corporate mission is use gaming dollars to reinvest back into the community and it spends about $28 million locally each year.  Ho-Chunk is a local company based in Winnebago, Nebraska, which Morgan says is a plus for the project.


"The riverboat has been owned for a long time by someone else and that money has always left the community and I think there is an opportunity to reinvest that money into the community if we have local ownership," says Morgan.


The project to create a Warrior Casino & Hotel is estimated at $122 million.  Ho-Chunk will give its presentation at the Orpheum Theater in Sioux City at 5 p.m. Monday.

 

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