Ameristar Casinos Inc. had big plans for their casino in Kansas City. They were prepared to expand and sink $100 million into the project. They have decided against following through with the expansion.
It appears that there could be casinos coming to Sugar Creek. That would make for some interesting competition between Ameristar and whatever new casinos are awarded licenses in Sugar Creek.
The company insists that in the future they still could go ahead with the casino expansion, but right now they felt was just not the time.
Their original plans were to build a convention center, a pool, a spa, and a second hotel tower. The news on the expansion in Sugar Creek has made the company put those plans on hold for now.
“We think the Kansas City market is a terrific market, and we’re still committed to it. It doesn’t mean in the future we won’t consider expansion in the Kansas City market,” said Karen Lynn, spokeswoman for Ameristar.
One issue that will have to be worked out is a $4.5 million impairment charge that the company took out in the fourth quarter. It was for costs that had to do with the casino expansion planning.
Gambler Beats Incredible Odds, Wins Almost $2 Million in London
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A gambler certainly knows that most odds are stacked against them. They still have a knack of putting small amounts of money on long shot bets in hopes of a big payday.
For one man in London, that is the scenario that in the end created an almost $2 million payoff. The man, who was not identified by William Hill, the British bookmaker where the bet was placed.
Thirsk, in North England, was the location of the winning bet. The man had walked into William Hill on Friday and made a fifty pence bet($.98 American). The bet, which is called the “accumulator bet”, is to predict the outcome of eight horse races.
The odds of winning the bet are two million to one. This happened to be that one time. After all the races were done, William Hill found out that the man had won one million pounds($1.97 million).
On Saturday, the man returned to a different branch of William Hill and placed similar bets to those from Friday. He was unaware that he even won the money on Friday. He did not win any of his bets on Saturday and lost a measly $5.