Commission Approves Second Gambling Casino
Gamers in the Fort Madison area will soon not have to make the trek to Burlington in the winter months to quench the quest for the jackpot. The Iowa Racing and Gaming Commission gave Catfish Bend Casinos permission to operate a moored barge in Burlington and a permanently moored vessel in Fort Madison, meaning each town will have its own casino.
Instrumental in the project to bring another casino to Burlington was local entrepreneur Randy Winegard, according to a press release from Catfish Bend. He and other investors in the company he founded, Huckleberry Entertainment, will be the majority member among investors in Catfish II, which will continue to be primarily locally owned and operated. Winegard and his investors will buy ownership interests of the Robert and Ruth Kehl family in Catfish II.
The Kehls will continue to own their investment in Catfish Riverside, which will be one of two subsidiaries. Catfish Riverside will own its investment in the Riverside Casino and Golf Resort that is scheduled to open in September in Riverside and Catfish II will own the Southeast Iowa operations in Fort Madison and Burlington.
June 10, 2006
Posted By Bob Hartman
Staff Editor, CasinoGamblingWeb.com
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