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Casino

$700 M casino resort to break ground in Kings Mountain, North Carolina

Friday 07 de June 2024 / 12:00

2 minutos de lectura

(Kings Mountain).- Construction will begin on June 7 for the new permanent casino resort in Kings Mountain, the Catawba Nation said on Friday. The groundbreaking of Two Kings Casino had been delayed due to a lawsuit between the Catawba Nation and the former casino developer over the ground lease for the land.

$700 M casino resort to break ground in Kings Mountain, North Carolina

The Catawba Nation settled with Sky Boat Gaming in May for an unknown amount. 

“We persevered to achieve a fair deal so that we can now realize the full financial and economic benefits of the project for Catawba Nation members and residents of Cleveland County,” Catawba Nation Chief Brian Harris wrote in a news release.

“The establishment of this casino is not just about bricks and mortar; it symbolizes our commitment to preserving our tribal identity, supporting our community and creating opportunities for our people. This project will not only generate revenue for our tribe but also provide jobs, education and social programs that will benefit our members and the surrounding region. These jobs, including construction jobs, along with increased patron traffic, will provide local governments and the state of North Carolina with additional tax revenue and other investments under our compact. The Catawba are working to keep casino revenue in North Carolina as opposed to what outside commercial casino companies would do."

The casino has other impacts to the area, including the expansion of the Dixon School Road Bridge over Interstate 85 to accommodate increased traffic and the installation of new sewer lines.

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It will take two phases to complete the permanent structure, the first of which is expected to be finished in early 2026. The $700-million project is expected to create 2,000 new jobs when it's done. 

Playing the lottery is a form of gambling. If you are concerned about your gambling or worried about a friend, you can call the NC Problem Gambling Helpline at 1-877-718-5543. You can also contact the National Helpline at 1-800-522-4700. 

Categoría:Casino

Tags: Sin tags

País: United States

Región: North America

Event

PGS, Perú Gaming Show 2024

12 de June 2024

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Friday 12 Jul 2024 / 12:00

GLI Perspectives on Gambling Regulation in Latin America

(Lima, SoloAzar Exclusive).- In an exclusive interview with SoloAzar, Georges Didier of Gaming Laboratories International (GLI), offers his perspectives on the evolution of gaming regulation in Latin America and the crucial role of GLI in this dynamic landscape.

Friday 12 Jul 2024 / 12:00

Implementation of robust identity verification systems by 2024 expected

(Lima, Exclusive SoloAzar) - During the conference "Knowing your players, AI, and fradue" at the Peru Gaming Show, Samer Atassi, Vicepresident for Latam at Jumio, addressed the growing concern about online gambling security and highlighted the importance of knowing your players to prevent fraud and protect minors.

Thursday 11 Jul 2024 / 12:00

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