PENN NEGOTIATING WITH NEW NON PROFIT GROUP

PENN NEGOTIATING WITH NEW NON PROFIT GROUP

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PENN GAMING IS APPARENTLY ALREADY TALKING WITH ANOTHER NON PROFIT GROUP THAT COULD POTENTIALLY REPLACE MRHD AS THE LICENSE HOLDER FOR A LAND BASED CASINO IN WOODBURY COUNTY.

PENN HAS ASKED THE IOWA RACING AND GAMING COMMISSION
TO LET IT ESTABLISH AN OPERATING AGREEMENT WITH A NEW GROUP, BECAUSE MRHD IS SUING PENN IN THEIR DISPUTE OVER A  NEW OPERATING AGREEMENT.

KAREN BAILEY OF PENN SAYS HER COMPANY WILL LIKELY SUBMIT AN APPLICATION TO OPERATE THE NEW LAND BASED CASINO:

{audio}BAILEY.MP3{/audio}

MRHD PRESIDENT MARK MONSON SAYS HE EXPECTS THE TWO GROUPS TO WORK TOGETHER TO KEEP THE CASINO BOAT OPEN, BUT SAYS MRHD WILL ALSO LOOK AT OTHER COMPANIES TO OPERATE A DOWNTOWN BASED CASINO:

{audio}MRHD3.MP3{/audio}

PENN GAMING IS ALREADY TALKING WITH A NEW NON PROFIT GROUP CALLED FRIENDS OF WOODBURY COUNTY.
   

MAYOR BOB SCOTT SAYS HE BELIEVES THOSE TALKS HAVE BEEN GOING ON FOR AWHILE:

{audio}CASINO3.MP3{/audio}

ANOTHER PENN EXECUTIVE TOLD STATE REGULATORS AT THEIR MEETING THAT WITHOUT DISMISSAL OF THE LAWSUIT BY MRHD THAT THE TWO CAN’T HAVE A PARTNERSHIP AND KEEP OPERATING THE SIOUX CITY RIVERBOAT CASINO.

MRHD’S  BOARD OF DIRECTORS HAS SCHEDULED A CLOSED SESSION TO MEET NEXT MONDAY EVENING IN SIOUX CITY.

RADIO IOWA CONTRIBUTED TO THIS REPORT.
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