Friday, March 4, 2011

Casino licenses renewed

State regulators have renewed gambling licenses for Terrible's Lakeside Casino in Osceola and Davenport's Rhythm City. Some community leaders have complained that they aren't providing promised economic development and jobs. The state commission instructed gaming executives to return in June to outline plans to spend $10 million to expand the Osceola casino's 60-room hotel or build one, as well as additional improvements. If the casino doesn't comply their 2012 license may be in jeopardy.

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