Casino backers react to TSI casino study - KTIV News 4 Sioux City IA: News, Weather and Sports

Casino backers react to TSI casino study

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The three companies behind the four land-based casino proposals for Woodbury County are reacting to the study done by Nevada-based Wells Gaming Research.

Bill Warner, the president of Sioux City Entertainment, which backs the hard Rock Casino-Hotel plan, says the Siouxland Initiative study reaffirms what he's know all along. He says it's "natural to assume that a land-based facility, with the Hard Rock brand, with more amenities than the other proposals, will generate more revenue. And, the facility that generates more revenues, is gonna generate more taxes, and payments to the QSO."

Lance Morgan, the CEO of Ho-Chunk, Inc., which has pitched the Warrior Casino-Hotel, says that while he disagrees with some of the "editorial" comments made about his company by Wells, he can't dispute the study's statistics. Morgan says Wells believes Ho-Chunk to be the most accurate in terms of its revenue and tax projections. Morgan says, "if you're off by your projections, then all the promises you make about jobs, and taxes, and economic impact are going to be off too." He says the study validates what Ho-Chunk has known, all along that "we're a conservative Midwestern company, who likes to do what they say."

Penn National Gaming has offered two "Hollywood"-style casino projects. One is in Sioux City, and one is near Salix. Their spokesperson, Karen Bailey, calls the study "flawed". She claims some of the "most basic" information from Penn's proposals was "misrepresented and simply erroneous thus rendering the study defective."

To look at the entire study, click here.

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