Posted August 12, 200618 yr Argosy plans get $44M more 2008 opening date pushed back for new boat BY JON NEWBERRY | ENQUIRER STAFF WRITER Penn National Gaming Inc. has beefed up its expansion plans for Argosy Casino in Lawrenceburg, increasing its budget by $44 million to $310 million and adding a 30-table poker room, the company disclosed in its quarterly financial report filed with the Securities and Exchange Commission this week. It has also pushed back the planned opening of an all-new and much-larger floating casino from the second quarter of 2008 to the fourth quarter of that year. Argosy, which was acquired last year by Penn National of Reading, Pa., had initially said the project would cost "more than $150,000" when it announced it two years ago. Its most recent previous plan, as outlined in its annual report earlier this year, had a $266 million price tag. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060811/BIZ01/608110355/1076/
March 25, 200718 yr Studies delay Argosy expansion 6 months BY ALEXANDER COOLIDGE | [email protected] Penn National Gaming said Thursday that the expansion of its Argosy Casino in Lawrenceburg would be delayed an additional six months due to pending environmental and archeological studies. The company said the opening date of a bigger parking garage would now be in the second quarter of 2008, while a new and enlarged casino riverboat would open in the second quarter of 2009. The new Argosy boat will have 4,000 gambling stations - an increase of 1,200, or 43 percent. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20070209/BIZ01/702090341/1076/
July 13, 200717 yr Casinos face challenges BY ALEXANDER COOLIDGE | July 13, 2007 Casinos in Southeast Indiana brought in less money in the first half of the year, and coming competition there and possibly in Kentucky are putting the odds against them in the future as well. Indiana legislators this spring authorized adding slot machines to two racetracks – including about 2,000 slots at Indiana Downs in Shelbyville, just 90 minutes away from Cincinnati. Track officials say they plan to install the machines early next year. The three casinos that attract regular patrons from Greater Cincinnati and Northern Kentucky – Argosy, Belterra and Grand Victoria – collectively raked in $400.2 million during the first half of this year – up 1.3 percent from the same period last year. That lagged Indiana as a whole, which saw total gambling revenues climb 5.1 percent. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20070713/BIZ01/307130027
March 20, 200916 yr House advantage As other gaming venues threaten its borders, Argosy fights back with glitzy new property, name Business Courier of Cincinnati - by Dan Monk When Penn National Gaming this summer opens its $326 million expansion at Lawrenceburg, it will be celebrated for the 125 contractors it employed during construction. And the 250 new employees now being hired to operate the Hollywood-themed attraction. And the glitzy trappings of the Vegas-scale gaming parlor, with its 300 plasma screens and 60-foot video board. And the fancy décor, with its indoor replicas of the Hollywood Bowl, a city park and an urban streetscape. But few will recognize the new Lawrenceburg casino for what it really is: an act of self-defense. Read full article here: http://cincinnati.bizjournals.com/cincinnati/stories/2009/03/23/story2.html
April 2, 200916 yr Makeover transforms Argosy $335 million adds glamour, room to casino By Alexander Coolidge • [email protected] • April 2, 2009 Argosy general manager Tony Rodio predicts that his casino will thrive with a bigger venue, a new theme and a new name regardless of the recession. Two weeks after announcing that Argosy would switch its name this summer to Hollywood Casino Lawrenceburg, construction workers are installing signature details on a new barge that casino officials hope will draw new visitors. Workers have erected a dome - a miniature of the Hollywood Bowl, called "Hollywood on the Roof" - that will serve as the backdrop for a stage for some live performances, but will also serve as planetarium-like screen for films or television. Parts of the casino will be decorated with cityscapes meant to look like movie sets. The casino will bombard visitors with imagery on 200 flat-screen TVs and an 80-foot-long and 20-foot-high screen on a serpentine wall cutting across the main gambling floor. Read full article here: http://news.cincinnati.com/article/20090402/BIZ01/904020322/1001/BIZ
September 20, 200915 yr Some shots taken friday from the river of the new Hollywood Casino. Yea............the inside in gorgeous but....................this looks like a giant airplane hanger up on stilts! I believe the old boat is due for departure to the STL soon.
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