By: Channel 9 Eyewitness News
News@kcautv.com
On Thursday, the three-proposed gaming operators, Ho-Chunk Inc., Sioux City Entertainment and Penn National Gaming, laid out their proposals to The Iowa Racing and Gaming Commission in Altoona, Iowa.
Highlighting many amenities, Ho Chunk is calling its proposed rooftop bar it's "crown jewel." Sioux City 360 will allow folks to take in the entire Sioux City skyline while enjoying the relaxing atmosphere.
And if amenities weren't enough to win over the I-R-G-C, C.E.O. Lance Morgan wrapped up with an estimate of nearly 530-million dollars. That's how much he expects The Warrior will make the state of Iowa in its first five-years of existence.
Next up was Sioux City Entertainment, and it's plans to develop a Hard Rock-Sioux City. The presentation hammered home a common theme, "the brand."
Sioux City Entertainment's casino is almost twice the size of competing plans. It hit that home with a large-scale replica of the proposed casino. And this plan offers much more than just a casino. It also offers a biergarten (beer garden) and an outside space called "the backyard" for things like concerts and community events.
Penn began it's proposal by laying out its plans for The Hollywood Casino Siouxland, that casino would be built at rural site off the Port Neal interchange on I-29.
The company says their project would have about a 40-million dollar economic impact on the area in the first-year alone. And it says it won't need any taxpayer money.
Penn's C.E.O, Peter Carlino, traveled from Pennsylvania for Thursday's presentation in Altoona.
He and his team think Penn's bargaining chip is its experience in gaming and the success of the already existing Hollywood Casinos