Tentative dates set for public hearings on MO casino license

By Kathy Sweeney - bio | email

CAPE GIRARDEAU, MO (KFVS) - The Missouri Gaming Commission plans a trip to Cape Girardeau later this month as it moves closer to choosing the preferred developer for the state's available gaming license.

LeAnn McCarthy with the Missouri Gaming Commission gave the tentative dates for public hearings; September 27 in Cape, September 28 in St. Louis, and September 29 in Kansas City.

McCarthy says the Cape hearing will only focus on the Isle of Capri application.

City Manager Scott Meyer says that hearing will be held at the Southeast Missouri State River Campus.

The St. Louis hearing will include the Casino Celebration application for St. Louis and the North County Development application for Spanish Lake.

The Kansas City hearing will address the Sunway Gaming and Epic Gaming applications for the suburb of Sugar Creek.

According to McCarthy, more information including times and locations for the public hearings will be released at a later date.

We should also learn more Tuesday afternoon about all five applications.

McCarthy says the commission will release the public disclosure forms from all five companies this afternoon.

These forms are included in the applications sent in by all the developers on September 1.

While not talking specifically about what will be released later today, McCarthy did say that past disclosure forms in this process include information on location, size, and possibly a time frame for construction of a casino.

The casino project will also be discussed at Tuesday night's Cape Girardeau City Council meeting.

City Manager Scott Meyer says the council will cast its first vote on a development agreement with Isle of Capri LLC tonight.

Meyer says Isle has already signed the measure that would pay more than $2.4 million in up-front money to the city in exchange for 11 acres of land.  If approved, he says a final vote could be cast in two weeks.

Meyer says that money would not be paid to the city until and unless Isle receives "preferred developer" status from the Missouri Gaming Commission.

According to Meyer, up to $1 million of that payment would go toward improvements on Broadway including trees, benches, and historic lighting.

Meyer tells me the other $1 million would be spent on "other projects" in the city's downtown.

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