The $400-plus-million casino resort plan is currently under review by the US Bureau of Indian Affairs
The Ho-Chunk Nation is hopeful that it will be given the nod to build a hotel and casino complex in the city of Beloit, Wisconsin, a representative for the tribe told media late last week.
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The Ho-Chunk Nation’s plan for the development of a $405-million casino resort is currently under review by the US Bureau of Indian Affairs. The Bureau is set to hold a public hearing on the scheme on December 11 in Beloit. The event is part of the agency’s study of the economic impact of the proposed resort.
A draft of the study in question was originally published on November 9. The piece is believed to be the final step in the approval process.
Ho-Chunk Public Relations Officer Collin Price said last week that even though approval for the project is pending, the tribe is working on its plan for the gaming complex that will be located at Interstate 90/39. The official pointed out that they are determined to finalize the plan and that looking at it collectively, they believe it is a good thing for the local community and the nation. Mr.
Price revealed that they have not even considered a scenario in which the project is denied approval or is stopped for one reason or another.
Details about the Casino Resort
Ho-Chunk Nation’s plan includes the development of a casino with 2,200 slot machines and 50 gaming tables, a 300-room hotel, five restaurants, and an indoor waterpark, among other facilities. As mentioned earlier, the tribe plans to invest the amount of $405 million.
The whole complex will occupy 73.5 acres of land, and the gaming portion will spread over 33 acres. The Bureau of Indian Affairs is currently estimating the environmental impact of transferring those 33 acres of tribal land to a federal trust.
According to an economic impact study conducted by The Innovation Group last fall, the development of the Beloit casino resort could create 1,500 full-time jobs and generate labor income of around $83.7 million. Rock County could reap $225 million in economic impact, while sales tax share could total $3 million.
Under an intergovernmental agreement between Beloit and Rock County and the Ho-Chunk Nation, the latter is exempted from property taxes. However, if the tribe receives approval to build its casino resort, it will make annual payments for services provided. Both Beloit and the county will receive a share of the money.
It is unknown when the Bureau of Indian Affairs will rule on the proposed casino. However, even if the agency gives the project the nod, it is Wisconsin Governor-elect Tony Evers who has the final say. Mr.
Evers has said earlier this year that he would support the plan as long as it is given the green light by federal authorities. Beloit officials have touted the project and its expected economic impact on the host city and county.
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