PENN GAMING SHOWS OFF HOLLYWOOD CASINO PLAN

PENN NATIONAL GAMING BROUGHT THE LURE OF A HOLLYWOOD OPENING NIGHT TO BEV'S ON THE RIVER TUESDAY NIGHT IN SHOWING OFF THEIR TWO PROPOSALS FOR A NEW LAND BASED CASINO IN WOODBURY COUNTY.

PENN, WHICH OPERATES THE ARGOSY RIVERBOAT CASINO, ROLLED OUT THE RED CARPET AND HOLLYWOOD FILM MEMORABILIA FOR A CAPACITY CROWD IN PRESENTING THE PLANS FOR EITHER A 160-MILLION DOLLAR DOWNTOWN CASINO ON GORDON DRIVE OR A 167-MILLION DOLLAR PROJECT AT THE I-29 PORT NEAL INTERCHANGE.

KAREN BAILEY OF PENN GAMING SUMMARIZED THE PLANS BY POINTING OUT THAT HER COMPANY COULD WRITE A CHECK TODAY TO START BUILDING THE CASINO WITH NO PUBLICLY FUNDED SUBSIDY FROM LOCAL TAXPAYERS.

BAILEY SAYS THE CASINO WOULD BE BUILT ON TIME AND ON BUDGET AND ALL OF THE CURRENT ARGOSY EMPLOYEES CWOULD MAINTAIN THEIR JOBS AND TENURE.

SHE INTRODUCED BOB KNOWLER, WHO IS PRESIDENT OF THE NEW NON PROFIT PARTNERING WITH PENN GAMING, THE GREATER SIOUXLAND IMPROVEMENT ASSOCIATION.

A WEBSITE HAS BEEN LAUNCHED WITH INFORMATION ON THE PROPOSALS AT www.hollywoodcasinosiouxcity.com.

THE IOWA RACING AND GAMING COMMISSION WILL DECIDE IN APRIIL AS TO WHICH ONE OF THE FOUR PROPOSALS, INCLUDING THE COMPETING HARD ROCK CASINO AND WARRIOR HOTEL PROJECTS WILL BECOME WOODBURY COUNTY'S NEW LAND BASED CASINO.