Elite Casino Resorts, which plans to build a casino at Grand Island’s Fonner Park, submitted its application for a Nebraska gaming license on Tuesday.
The Iowa-based company and Fonner Park are hoping for quick approval of the application, according to a press release from Elite Casino.
“If approval is received, Grand Island Casino Resort at Fonner Park will open as a temporary casino inside the existing Fonner Park facilities by the end of 2022 with 300 slot machines, five table games and a take-out dining option,” Elite Casino Resorts CEO Dan Kehl said in the statement.
Construction of the permanent casino will begin in 2023 and be completed in 2025. The resort will offer a 37,000 square foot casino with 650 slot machines and 20 table games, a sportsbook and four restaurants, including a dining experience on the rooftop, a show lounge and sports bar, a 116-room boutique hotel, a salon and spa, a gift shop, and an indoor and outdoor pool with “an expansive sundeck and 400-space parking lot,” according to the release. hurry. “The project will provide a seamless connection to the existing racetrack grandstand while offering great views of the state fairgrounds to the west and horse racing to the east, becoming an entertainment hub for all elements of Fonner Park.
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According to an article in the Lincoln Journal Star earlier this year, a Nebraska casino license costs $5 million for a five-year term. This amount consists of an initial payment of $1 million due at the time of application and $1 million paid annually for the term of the license.
The Grand Island Casino Resort at Fonner Park will begin accepting applications for employment if the license is approved.
In April 2021, Fonner Park CEO Chris Kotulak announced that Elite Casino Resorts had been chosen as the casino’s operating partner.
“The Elite Casino Resorts team is used to taking care of its employees and being involved in the communities in which it operates,” Kotulak said at the time. “They reinvest in their properties and take pride in the service they provide to their customers. We couldn’t ask for a better operator or partner for our community. And finally, the facilities and amenities at Elite Casino Resorts are world class. This is the partner we want for our community.
Elite Casino Resorts operates three casino resorts in Iowa – Riverside Casino & Golf Resort, just south of Iowa City; Rhythm City Casino Resort in the Quad Cities and Grand Falls Casino & Golf Resort in Larchwood, near Sioux Falls, SD
Elite is developing two new resorts including one on Grand Island. The other is Walker’s Bluff Casino Resort in Carterville, Illinois.
In addition to casinos, Elite Casino Resorts operates Elite Sportsbook with retail and online operations in Iowa and Colorado.