RubinBrown Gaming Stats 2012

Photo courtesy of Penn National Gaming and Hollywood Casino at Kansas Speedway located in Kansas City, Kansas.

Iowa Grand Falls Casino Resort opens in Northwestern Iowa. On June 9, 2011, the Grand Falls Casino Resort in Larchwood, Iowa, opened, becoming the state’s 18th commercial casino. The casino is located in the Northwestern corner of the state and offers 900 slot machines and 36 table games. Iowa Governor proposed Casino tax hike. In presenting the state’s budget, Governor Terry Brandstad proposed increasing the gaming tax rate from 22% – 24% to 36% and offset by lower commercial income and property tax rates. The measure ultimately did not pass.

Kansas Boot Hill Casino & Resort holds ground breaking for a new hotel. On May 11, 2011, the Boot Hill Casino & Resort, the state’s first commercial casino which opened on December 16, 2009, began construction on a 108 room hotel that is scheduled to open in early 2012. Kansas Star Casino became the state’s second commercial casino. On December 26, 2011, the Kansas Star Casino opened just south of Wichita, Kansas, in neighboring Sumner County. The casino is the state’s second commercial casino and will provide direct competition to tribal casinos located in neighboring Oklahoma.

Louisiana Baton Rouge casino moves

forward with construction. Pinnacle Entertainment’s L’Auberge Casino and Hotel, offering a 74,000 square foot gaming floor, 1,500 slot machines, 50 table games, a poker room, and 206 room hotel, is scheduled to open in the summer of 2012. Construction for Mojito Pointe has been extended to begin March 16, 2012. Creative Casinos of Louisiana, L.L.C. asked the state for a thirty day extension in order to receive more funding for the $400 million project. The casino is expected to open in 2013 creating over 2,000 jobs.

Commercial & Tribal Gaming Stats 2012 - RubinBrown 10