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Terre Haute back in play for Casino

Terre Haute Businessman Greg Gibson, a principal investor in a group that intends to acquire two Gary based Indiana casino license, says Terre Haute tops his list of potential locations.

Moving a second license to Terre Haute is something Gibson finds appealing, he told in a interview.

“Certainly, Terre Haute is home for me, and certainly having the options of moving a casino license to Vigo County appeals to me. Our community is at the heart of about every decision I make,” Gibson said.

“I do trust that my home community will step up and try to make a case to be considered for a license”.

“And I believe that many people in the Terre Haute Community have wanted a casino for a long time and I think that desire is still there.”

“At the end of the day, i do believe that our state officials, Spectacle Entertainment and my partners, we can work together to pursue the best opportunity for indiana’s economy.” he said.

A announcement has been made on Wednesday by Spectacle Entertainment that it will merge with Majestic Holdco LLC in a cash transaction. Majestic said that the, Owner and operator of the casino and a hotel in Tunica, Mississippi to foundation gaming group in August 2018.

John Keller, general conusel for Spectacle Entertainment, said that the next step is to for Spectacle entertainment is to get approval from the Indiana Gaming Commission.

“We have to file a transfer application for each license. That is a very detailed process that we hope to complete it by the end of next week.” he said.

 

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Caleb Jose

Caleb is based out of Kansas City and he is responsible for overseeing day-today processes of Casino Buzz. He takes care of the backend technology, along with being the main data collector and reporter for Casino Buzz. He can be reached out at cj@casino.buzz

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