"Backers of the Warrior Casino & Hotel just finished pitching their plans to the Iowa Racing and Gaming Commission.
The presentation featured a slickly-produced video that highlighted details of the $122 million project, remarks from projects leaders and testimonals from local officials.
Ho-Chunk CEO Lance Morgan emphasized the local ownership of the casino development company, Warrior Entertainment, a partnership between The Ho-Chunk, the Winnebago Tribe and local businessman Lew Weinberg and othe investors.
Morgan also touted the track record of Ho-Chunk, which was funded with seed money from the WinnaVegas Casino in 1994. The tribal owned economic development corporation has grown from a single employee to a global corporation with 39 companies and more than 1,000 employees. The company is already one of the largest employers in metro Sioux City.
"Our actual coporat mission is to take gaming dollars and create jobs in economic development," Morgan told the commission. "If we get this project, it would be like pouring gas on a fire. We would keep reinvesting..""
Get the Story:
Eye on Business: Warrior backers pitch casino plans to state regulators
(The Sioux City Journal 1/1)
Also Today:
Three pitches today for new Sioux City casino license
(Radio Iowa 1/10)
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