• About
  • Contact Us
Thursday, June 30, 2022
Crypto Currency Financial
  • Home
  • Crypto News
  • CRYPTO CASINOS
    • Cardano Casinos
    • Ethereum Casinos
    • Litecoin Casinos
    • Tron Casinos
  • MARKET UPDATES
    • BTC ANALYSIS
    • ETH ANALYSIS
    • XRP ANALYSIS
  • About Us
  • Contact Us
No Result
View All Result
Crypto Currency Financial
No Result
View All Result

IGC Opens License Application Window for Vigo County Casino

Max Steven by Max Steven
June 30, 2021
in Uncategorized
395 4
0
IGC Opens License Application Window for Vigo County Casino
549
SHARES
2.5k
VIEWS
Share on FacebookShare on Twitter

The Indiana Gaming Commission has reopened the license application process for a Vigo County casino after choosing not renew Lucy Luck Gaming’s license to build and operate a gambling venue in Terre Haute.

The regulator on Monday posted a press release on its official website informing interested applicants that they must pay a $50,000 application fee and use the Commission’s Casino License Application form to express their interest in participating in the process.

The Monday notice reads that current Indiana casino license holders must submit their application and fee but may also cross-reference to their existing application with the gaming regulatory agency.

The commission further noted that all submitted applications will be publicly disclosed documents. The deadline for submitting the necessary paperwork and related proposals for the Vigo County casino is September 22, it also became known.

After the application window closes, gaming commissioners will conduct investigations into all submitted proposals and the applicants behind them. Once all probes are completed, regulators will determine an appropriate date for action at a business meeting.

The commission said in its statement that the future casino establishment is intended to benefit Vigo County and that it is the regulator’s responsibility to ensure the realization of that goal. The notice read further that the commission is committed to “ensuring that the applicant selected for the Vigo County casino meets or exceeds all applicable standards and presents the highest potential for successful operation of a casino.”

License to Be Issued as Quickly as Possible

The Indiana Gaming Commission further noted that it is its top priority to not only ensure a transparent selection process but to also pick its preferred applicant “as expeditiously as possible.”

Terre Haute-based company Lucy Luck Gaming, a subsidiary of casino operator Spectacle Entertainment, previously held the Vigo County casino license. However, the Gaming Commission last week opted not to renew that license, saying that Lucy Luck Gaming had failed to hire an executive team to run its planned gambling venue and had not had full financing secured for the property.

The company planned to invest $175 million into the development of a Hard Rock-branded casino complex in Terre Haute. In March, it informed the Indiana gambling regulator that it had secured a financing package to complete the project.

Lucy Luck Gaming first obtained the license after state lawmakers passed a sweeping gambling reform in 2019 that paved the way for the company’s parent organization, Spectacle Entertainment, to relocate its two Majestic Star riverboat casinos along Gary on dry land.

Spectacle partnered with Hard Rock International to open a land-based casino resort in Gary, using one of its two licenses and returned the other one to the Gaming Commission. The Gary property opened doors in mid-May.

The regulator granted the vacant Majestic Star license to Lucy Luck Gaming to build the Terre Haute casino that would have too been operated in partnership with Hard Rock.

After the agency’s announcement that it would not renew the company’s license and would instead reopen the application process, Lucy Luck Gaming Chairman Greg Gibson said that they were not sure if they would reapply for the right to build the Vigo County casino and that it truly saddened him that “the Terre Haute license will be open for a bidding process amongst companies who will be interested in the project solely for monetary gain, and with companies who don’t know our community like Lucy Luck does.”

Source: Indiana Gaming Commission re-opens Vigo County casino application, Washington Times-Herald, June 29, 2021

Tags: ApplicationCasinoCountyIGCLicenseopensVigoWindow
Max Steven

Max Steven

Max has keen interest in what cryptocurrencies have to offer in regards to NGO’s, governments and the financial system.

Related Posts

Vickersventure AI-A great impact technology development program

Vickersventure AI-A great impact technology development program

June 30, 2022
Up to 20x  leverage and trigger orders: WhiteBIT cryptocurrency exchange has updated the terms of margin trading

Up to 20x leverage and trigger orders: WhiteBIT cryptocurrency exchange has updated the terms of margin trading

June 28, 2022
How MinersLeague makes mining easy for everyone

How MinersLeague makes mining easy for everyone

June 28, 2022
Shima Capital Leading $6 Million Seed Round For MECH.COM

Shima Capital Leading $6 Million Seed Round For MECH.COM

June 28, 2022
RLD.DAO’s ambition: to be a revolutionary presence in the crypto

RLD.DAO’s ambition: to be a revolutionary presence in the crypto

June 27, 2022
Introducing Lords of The Lands – A Futuristic Metaverse Space for NFT Rentals

Introducing Lords of The Lands – A Futuristic Metaverse Space for NFT Rentals

June 24, 2022

Trending

Vickersventure AI-A great impact technology development program
Press Release

Vickersventure AI-A great impact technology development program

2 hours ago
Up to 20x  leverage and trigger orders: WhiteBIT cryptocurrency exchange has updated the terms of margin trading
Press Release

Up to 20x leverage and trigger orders: WhiteBIT cryptocurrency exchange has updated the terms of margin trading

2 days ago
How MinersLeague makes mining easy for everyone
Press Release

How MinersLeague makes mining easy for everyone

2 days ago
Shima Capital Leading $6 Million Seed Round For MECH.COM
Press Release

Shima Capital Leading $6 Million Seed Round For MECH.COM

2 days ago
RLD.DAO’s ambition: to be a revolutionary presence in the crypto
Crypto

RLD.DAO’s ambition: to be a revolutionary presence in the crypto

3 days ago

Recent Post

  • Vickersventure AI-A great impact technology development program
  • Up to 20x leverage and trigger orders: WhiteBIT cryptocurrency exchange has updated the terms of margin trading
  • How MinersLeague makes mining easy for everyone
  • Shima Capital Leading $6 Million Seed Round For MECH.COM
  • RLD.DAO’s ambition: to be a revolutionary presence in the crypto
  • Introducing Lords of The Lands – A Futuristic Metaverse Space for NFT Rentals
  • 8DAO: Asia’s first Social DAO, using social capital to build a Web3 ecosystem

Categories

  • AI Trading
  • Axia
  • Bitcoin
  • Blockchain
  • Blockchain News
  • Business
  • Crypto
  • Crypto News
  • Cryptocurrency
  • Cryptonews
  • Cryptos
  • Deepcoin
  • Gaming
  • Guest Post
  • ICO
  • Metaverse
  • News
  • NFT
  • Press Release
  • Technology
  • Tezro
  • Token
  • Trading
  • TRADING GUIDES
  • Wallets

Tags

2020 Announces Betting Bitcoin blockchain Brides cannabis Casino Casinos Colorado Content coronavirus Covid19 crypto Cryptocurrency Currency Deal financial foreign Gambling Games Gaming Group Launch Launches live marijuana market Online Partners Partnership Play pot Pragmatic Red reports revenue Simple Slot Slots Solutions Sports Supply unveils William

About

The cryptocurrencyfinancial publishes regular news, analysis and opinion pieces on the latest developments in this fast-moving space. We offer the latest crypto news, expert pricing analysis and insight on the latest ICO's.

Contact Us: [email protected]

  • About
  • Contact Us

Associated with Blockchain Press Media Network

No Result
View All Result
  • Home
  • Blockchain
  • Crypto
  • News
  • Press Release
  • Price Analysis

Associated with Blockchain Press Media Network

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)
    $47,760.000.100% 24H
    BITCOIN
    24H : 0.100%
    Volume : $25,691,746,641.00
    Marketcap : $902,767,395,534.00
  • ethereumEthereum(ETH)
    $3,750.30-0.42% 24H
    ETHEREUM
    24H : -0.42%
    Volume : $15,543,537,817.00
    Marketcap : $446,191,570,291.00
  • binancecoinBinance Coin(BNB)
    $523.71-0.25% 24H
    BINANCE COIN
    24H : -0.25%
    Volume : $1,715,282,504.00
    Marketcap : $88,112,540,019.00
  • tetherTether(USDT)
    $1.0000.050% 24H
    TETHER
    24H : 0.050%
    Volume : $52,703,800,023.00
    Marketcap : $78,519,198,598.00
  • solanaSolana(SOL)
    $175.020.210% 24H
    SOLANA
    24H : 0.210%
    Volume : $1,660,210,957.00
    Marketcap : $54,115,741,275.00