Wednesday, December 9, 2009

*Possible land based Gary, Casino.

The consolidation of Gary, Indiana's two bankrupt casino boats are considering merging into one land based casino according to a Indiana state committee on gaming.

The committee estimates it would generate $11 million dollars for Indiana. But their is much concern since Four Winds Casino opened up, it resulted in a 30 percent fall in revenues for the Blue Chip casino.

A new casino in Des Plaines, Ill. Could hit the Indiana casinos and Four Winds Casino in a negative way. It is estimated that the Chicago Casino will take 3 to 5 percent additional revenues away from Blue Chip Casino.

Fort Wayne, Indiana is speculated to be the second choice if Gary, Indiana does not work out for the planners of the Gary Casino.