Area Casinos Concerned About Future
May 14, 2010, 9:52 PM
SIOUX CITY, IA -
Competition is part of any business but for those in the gaming business, news of a vote to allow a casino in Sioux Falls' backyard has other area casinos on edge.
Fifteen years ago, the Argosy Casino in Sioux City opened its doors. The casino has worked hard over the years to draw in customers from both directions on Interstate 29. It's a job that's gotten harder during this economy.
“When you look at it on the heels of the John Morrell plant closing, the Terex acquisition, it's additional economic headwood in a community that doesn't need any additional challenges at this time,” Director of Marketing at the Argosy Tom Teesdale said.
Teesdale says a study from the National Gaming Commission finds a casino in Lyon County could take away a minimum of 4½ percent of the Argosy's revenue.
“It's going to be a challenge because it's going to be a very nice facility and it's going to be very convenient for the people of Sioux Falls because it's just short drive,” Teesdale said.
For some customers, the idea of a bigger casino close to home holds more appeal, even for loyal Argosy customers.
“We go to Sioux Falls about as much as we go to Sioux City so we're expecting to go there, probably be the first ones,” Mary Jensen from Elk Point said.
“I think it's great. I think they should have it and I'm glad they voted for it and I'll be there folks,” Dorothy Richer said.
It's those attitudes that are leaving Teesdale and the Argosy scrambling to keep their customers, and Sioux City's gaming industry, afloat.
© 2010 KELOLAND TV. All Rights Reserved.
5/23/2013 10:24 AM
Hand County authorities say the 81-year-old Pierre man who had been missing since Sunday morning was found dead.
5/19/2013 11:56 AM
The Hand County Sheriff’s Office is searching for Leroy Nye, who was last seen at 10:30 p.m. on Saturday, May 18.
5/22/2013 9:46 PM
According to the Hand County Sheriff's Office, Leroy Nye and the vehicle Nye drove have been found but no other details have been released.
5/19/2013 5:22 PM
Police are still actively searching for Leroy Nye, 81, who went missing from a home in St. Lawrence, SD and are asking for your help.
5/22/2013 6:34 AM
Authorities have identified a man found dead in a drainage ditch in Rapid City, though they aren't releasing his name until his family is notified...