DC Resort & Gaming In Wichita Eagle Today

[Clueless]

Originally Posted by old timer

As long as you don't require the city/county to spend millions of dollars to put water, sewer and roads to it, no.

But if you do, Yes.

OT - that's a good discussion. The City has spent millions of dollars to put water, sewer and roads to Gadwall's business. The City spent a ton of money at some time providing those services to your address too. So, where is the difference. It becomes - I've got it..and you don't need it thinking.

We can save tens of millions of dollars by not extending services or roads - but what would we have? Dirt and an out-house just won't attract much business. It's part of our public infrastructure - and we have a need to grow and diversify.

[old timer]

1) OK if based on logical growth. North, south = current growth. Two miles west doesn't; requires huge infrastructure cost and roads and EMS/Fire, et al. Not needed south or north, as such. Part of current system. Has city roads to it.

2) And if developers pay, as they normally do. Shouldn't be free tax money, don't you think.

[Clueless]

Originally Posted by old timer

1) OK if based on logical growth. North, south = current growth. Two miles west doesn't; requires huge infrastructure cost and roads and EMS/Fire, et al. Not needed south or north, as such. Part of current system. Has city roads to it.

Actually, the Butler land isn't 2 miles west - in fact, it touched the prevous City boundary along Matt Down road. I know, you're scratching your head - here's why - the land is triangular and it's NE corner touched the City when you subtract Hwy 50 and easements. That also facilitated annexation - because the land was contiguous.

Developers will pay - tremendously - and that is already embodied in Butler's development plan.

There is no "free tax money" that enures to the benefit of the Casino complex OT. Every foot of on-site shared expenses with the SEC will be proportioned appropriately - not because of public compaint or watching - but because it is prohibited in the gaming Act. We're not going to lose a gaming license over trying to save money by cheating on a few yards of water or sewer pipe. Don't ya think the the gaming license is more valuable?

[old timer]

requires huge infrastructure cost and roads and EMS/Fire,

the events center. That will keep it clear, something we all must want. But sprawl is never good. That's proven all over the country. Just that seem don't care about that issue, I guess.

[Bubba]

Originally Posted by old timer

the events center. That will keep it clear, something we all must want. But sprawl is never good. That's proven all over the country. Just that seem don't care about that issue, I guess.

I read it, then re-read it, and still find myself saying....HUH?!?

[old timer]

the events center. That will keep it clear, something we all must want. But sprawl is never good. That's proven all over the country. Just that seem don't care about that issue, I guess.

guess that English would be useful ! Should have ended on "...must want." (ie., the tax money being carefully kept from the casino project, as the law provides.)

And sprawl is about the fact that no city services at all are in the area that has been chosen by Butler. That it may touch the city is certainly not the same. Much brighter to built either north or south, where the services already reach. Much less tax payer money. And no extension of Comanche. If anyone cares?

[Clueless]

Originally Posted by old timer

And sprawl is about the fact that no city services at all are in the area that has been chosen by Butler. That it may touch the city is certainly not the same. Much brighter to built either north or south, where the services already reach. Much less tax payer money. And no extension of Comanche. If anyone cares?

OT - it's location, location, location - not a case of being brighter. Location affects success, and success guarantees profits. That's business 101. And this location has 20 mile views - that adds to a 'resort' location..and were back to the beginning.

[Arkansaspm]

Comments

Two billion dollar casino developers have pulled out of biloxi mississippi and harrahs billion dollar casino is on hold? Why you ask? They cant get the financing and will go broke over another bad choice.
Don't worry, Margaritaville will be built, work just slowing down
By MARY PEREZ
meperez@sunherald.com
WILLIAM COLGIN/SUN HERALD
The Margaritaville Casino project in Biloxi will see work slow down in the weeks to come, said a spokesperson for Harrah's on Tuesday.
More casinos coverage: sunherald.com/casinos



BILOXI --The cranes were motionless Tuesday afternoon, but Harrah's Entertainment says it's not stopping work on the Margaritaville Casino, just slowing it down.
The credit crunch has squeezed even the world's largest casino company and Harrah's put an end to rumors about the Margaritaville building site in East Biloxi by releasing details.
"Over the next few weeks, residents of Biloxi will notice less activity and fewer workers at the Margaritaville work site," vice president of communications Marybel Batjer said in an e-mailed statement. "Rest assured that Harrah's is not canceling the project. We still believe in the Margaritaville concept, and we remain committed to our vision for the property. This is a project that we studied extensively, and we believe that it still has a great potential to benefit the Biloxi market and our company.
"We simply need to adjust the plan for the development to better align with the economic environment, market conditions on the Gulf Coast and the current financing environment."
Karen Sock, general manager of Harrah's Grand Biloxi Casino, met with City Council members before their meeting Tuesday and told them she doesn't know how the construction slowdown will affect the target completion of 2010.
Harrah's is teaming with entertainer and Pascagoula native Jimmy Buffett to build the nearly $1 billion resort with about 800 hotel rooms, a casino, a spa and more than 50 shops and restaurants. Yates Construction began work last summer and the skeleton already stretches along the beach from the Grand Biloxi to the former Casino Magic tower. Workers were on site Tuesday.
The news about Margaritaville, coupled with the Mississippi Gaming Commission denying South Beach Casino last week, prompted the council to speculate on the future of Biloxi.
George Lawrence said he'd like to see family-oriented projects in the city, but Mike Fitzpatrick said, "Take a look at what's happening in Biloxi." The city lost two billion-dollar casinos, Tivoli and now South Beach, he said, and retail development is going to D'Iberville rather than Biloxi.
"It's been tough out there since 9/11," said Ed Gemmill.

[old timer]

Butler's application to lottery was over 2,000 pages long and contained a detailed response to every section. Part of that was clear evidence of financing or capitalization to fund a $92 Million project.

Should be interesting to see how a company trading at .50 cents a share with a market capitalization of $25 +/- million expect to finance a casino project in Dodge City. I mean besides selling the land around it, which was part of the application.

[K C Muffin]

Originally Posted by Clueless

OT - it's location, location, location - not a case of being brighter. Location affects success, and success guarantees profits. That's business 101. And this location has 20 mile views - that adds to a 'resort' location..and were back to the beginning.

None of my biz, since I'm not a taxpayer OR resident of Dodge, but it makes sense to me that it be built a little away from the city - hopefully, there will be "sprawl" of homes built for the new folks this will attract to Dodge. I wouldn't want a casino built somewhere that would eliminate the most favorable residential building area. Anyway, I assume they're looking for growth of the city and not wanting to build it too close in.