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Development News From Southwest Indiana
Proposed casino expected to revitalize Orange County
By RYAN LENZ Associated Press writer, August 10, 2005
FRENCH LICK, Ind. - Residents believing that a new casino will pump life into southern Indiana's Orange County began arriving an hour before a groundbreaking ceremony on Tuesday, many carrying cameras and the hopes of a decade.
Some 1,000 people showed up for the ceremony, with about a dozen wearing the orange shirts that symbolized casino supporters during their years of Statehouse lobbying for approval of Indiana's 11th casino.
"This is a dream come true," resident Willa Sanders said. "We finally made it. When we throw that dirt, the casino is on its way."
The centerpiece of the $250 million project will be an 80,000-square-foot, nautical-themed casino to be built next to the French Lick Springs Resort, one of the sites frequented by gamblers and movie stars during the town's 1920s heyday.
Bulldozers and dump trucks sat nearby Tuesday, waiting to begin site work this week. Developers plan to have the casino, with 1,000 slot machines and at least 25 tables for games such as poker and blackjack, open by late next year.
The state Gaming Commission gave initial approval in June to the proposal, led by Bloomington billionaire William Cook's company - Cook Group - and Indianapolis-based Lauth Property Group. Their plan was the only one submitted when the bidding process reopened in March after Donald Trump's casino company withdrew from its French Lick contract.
The Cook-Lauth partnership, dubbed Blue Sky Casino, also plans to renovate 440 rooms at the French Lick hotel and 240 rooms at the nearby West Baden Springs Resort by the end of 2007.
Cook Group plans to use its share of the casino's profits to support economic development, education and historic preservation efforts in the area about 50 miles south of Bloomington.
State Rep. Jerry Denbo, D-French Lick, said the partnership's plans for the casino far exceed what he had expected.
The developers expect the casino and the two resorts to have a total of about 1,400 employees and an estimated $32 million in annual salaries and benefits. |
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