Casino Coming to Terredice

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SycamoreStateofMind

SycamoreStateofMind

The Odum Level
Supporter
https://www.tribstar.com/news/updat...cle_9a260be2-f3f0-11e8-a548-931ae9b09d02.html

Gibson going to make it happen - guy is single handily trying to make Terre Haute relevant again. People in TH need to stop with the hate and petty in-fighting and get behind what he’s trying to do.

We have nothing and I mean nothing to lose. You can sit back and just hope things get better meanwhile median household income level stays near the lowest in the state - jobs keep leaving. You’ve got to do something to try and pump some life in the local economy.

I don’t gamble - not my thing. But I think this will be a nice addition to Terre Haute. Am more interested to see where they plan on putting it?? East side? Likely. River front?! Would be nice and still possible but they’re looking to make these casino 100% land based.
 

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There’s no apparent conflict of interest with this one, so I hope they get it done! I also hope that local “leaders” understand that this isn’t an economic development plan. It’s a PART of an economic development plan. Could be a nice addition to the “things to do in Terre Haute” section...

Now I hope they have live roulette! Might have to show up there a couple of times a year...
 
IndyTreeFan said:
There’s no apparent conflict of interest with this one, so I hope they get it done! I also hope that local “leaders” understand that this isn’t an economic development plan. It’s a PART of an economic development plan. Could be a nice addition to the “things to do in Terre Haute” section...

Now I hope they have live roulette! Might have to show up there a couple of times a year...
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ITF - to be clear my commentary about people was general in nature just so you aware. That said, now that you’ve posted I really am surprised that your still worried about his potential conflict of interest. He’s removed himself as a board member of the CIB. What more do you want him to do??

Is he doing this for his own benefit? Sure as shit he is - who wouldn’t. Let me tell you - he’s one of the few people that’s really trying to help move Terre Haute forward. I’m shocked that a “conflict of interest” would draw so much attention...
 
SycamoreStateofMind said:
ITF - to be clear my commentary about people was general in nature just so you aware. That said, now that you’ve posted I really am surprised that your still worried about his potential conflict of interest. He’s removed himself as a board member of the CIB. What more do you want him to do??

Is he doing this for his own benefit? Sure as shit he is - who wouldn’t. Let me tell you - he’s one of the few people that’s really trying to help move Terre Haute forward. I’m shocked that a “conflict of interest” would draw so much attention...
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I'm not saying ITF is, but a lot of people are just jealous and don't want to see the rich get richer. Newsflash, money makes things happen. We're lucky to have somebody with that kind of money willing to make things happen in TH.
 
Lot of empty space at the mall. Could combine shopping with gambling. My guess is that it would go out east though, since GG owns lots of land that way.
 
The mall needs to be demolished, most of it anyway. Casinos can generate some surrounding development, but if it goes out east that area is already growing like wildfire. I think a real problem for TH could be more business going in around 46 and 70 and along the bypass, and then you have another blighted area (all of 41 going south from 70).
 

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bent20 said:
The mall needs to be demolished, most of it anyway. Casinos can generate some surrounding development, but if it goes out east that area is already growing like wildfire. I think a real problem for TH could be more business going in around 46 and 70 and along the bypass, and then you have another blighted area (all of 41 going south from 70).
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Fair point - don’t know if that will happen but it’s a solid idea.
 
SycamoreStateofMind said:
ITF - to be clear my commentary about people was general in nature just so you aware. That said, now that you’ve posted I really am surprised that your still worried about his potential conflict of interest. He’s removed himself as a board member of the CIB. What more do you want him to do??

Is he doing this for his own benefit? Sure as shit he is - who wouldn’t. Let me tell you - he’s one of the few people that’s really trying to help move Terre Haute forward. I’m shocked that a “conflict of interest” would draw so much attention...
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Look, I have no problem with Greg Gibson making money in any endeavor he chooses. He’s an entrepreneur - he takes risk, and if he’s good and has done his homework, he makes money. I love that. There’s no doubt that he is helping boost the image of Terre Haute by investing as he does. The guy is an asset to the TH community. The only reason I brought up the conflict of interest in this case is because there isn’t one. He’s doing a good thing and playing by both the letter and spirit of the rules.

I obviously can’t write worth a damn. I was trying to be supportive and optimistic about this project, and no one got that at all. Guess I’m never gonna write the Great American Novel...:lol:
 
Greg is so awesome! We are so lucky to have him. Without him nothing would get done in Terre Haute. Maybe he can build the casino in Deming Park or maybe Fowler Park. We just need the powers that be to sell the land to him a a discount price. I do believe that is what he tried to do with the Vigo County fair grounds. If That doesn't work then maybe he could get the state to let him shut down 3rd street.
 
sycamore tuff said:
Greg is so awesome! We are so lucky to have him. Without him nothing would get done in Terre Haute. Maybe he can build the casino in Deming Park or maybe Fowler Park. We just need the powers that be to sell the land to him a a discount price. I do believe that is what he tried to do with the Vigo County fair grounds. If That doesn't work then maybe he could get the state to let him shut down 3rd street.
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This is the shit I’m talking about. This right here is pure gold.

A condescending post to try and present everyone else as mere pawns.... It’s such a ridiculous assertion. But this was a classic way to present it! Well done.
 
I said it before, statistics have shown building casinos actually hurts the local citizens. Damn near every area in Indiana that has had one opened has had a net negative effect. Evansville, for example, has seen per capita income go down since the casinos there came online.

https://www.sycamorepride.com/showthread.php?37794-Casino

I'm not opposed to this getting done as long as there are plans for the increase in social programs that will be necessary to offset folks spending their income there. I don't give a shit about single households, but families with children shouldn't suffer because their parents are damned idiots.
 

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Jason Svoboda said:
I said it before, statistics have shown building casinos actually hurts the local citizens. Damn near every area in Indiana that has had one opened has had a net negative effect. Evansville, for example, has seen per capita income go down since the casinos there came online.

https://www.sycamorepride.com/showthread.php?37794-Casino

I'm not opposed to this getting done as long as there are plans for the increase in social programs that will be necessary to offset folks spending their income there. I don't give a shit about single households, but families with children shouldn't suffer because their parents are damned idiots.
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did we decide if that was causation or correlation?
 
niklz62 said:
did we decide if that was causation or correlation?
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Good question. I thought I read an IBR article that showed causation when I was reading on it. I'm sure there are a multitude of factors that go into the overall numbers. I know Evansville has had a bit of a shot in the arm since they went from boat to land -- I assume that created more jobs. My biggest thing is poor people (by and large) typically make bad decisions so I'd just like to know they have a plan for it before they open up shop.

There is a ton of data available here: http://www.stats.indiana.edu/
 
i would believe either way on that research. I know it comes up in Probation in areas with casinos here in illinois however im not sure its legality affects how much of a problems it is. Ive seen our profession actively make problems where they arent so take that with a grain of salt.
 
More information continues to come in https://www.wthitv.com/content/news/Casino-company-places-second-bet-on-Terre-Haute-502360422.html

I've got to think this has a really strong possibility of becoming a reality at this point.

With all that is going on with the jail location (yet-to-be-determined) it shall be very interesting to see where the propose for this casino to be located... I'd be somewhat surprised that the river front doesn't interest Gibson. His family invested in the new ISU Gibson Track on the Riverfront. It would be reasonably close to his new convention center and hotel.

I'd say the east side and the riverfront have to be the best two options at this point in time.
 

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This could get interesting. Terre Haute with TWO casinos? That would certainly open up some investment in the area. Two big resorts right on the riverfront. That could really spur the development of a "Riverwalk," much like what San Antonio has. But that would require the jail to NOT be on the riverfront.

I like it! However, those of you that live there, please make it clear to your elected officials that casinos are not, in and of themselves, an economic development plan!!! I'm afraid that the elected officials over there will think, "Hey, we've got casinos! Great! We're done now..."
 
IndyTreeFan said:
This could get interesting. Terre Haute with TWO casinos? That would certainly open up some investment in the area. Two big resorts right on the riverfront. That could really spur the development of a "Riverwalk," much like what San Antonio has. But that would require the jail to NOT be on the riverfront.

I like it! However, those of you that live there, please make it clear to your elected officials that casinos are not, in and of themselves, an economic development plan!!! I'm afraid that the elected officials over there will think, "Hey, we've got casinos! Great! We're done now..."
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All true. Although I didn’t necessarily gather we’d go from zero to two. I gathered that they want the Gibson project to be able to bid for some of the unused machines that they have for the new Gibson facility. Could be very wrong as I know nothing about the casino business.

They’ve got a group of investors that wants to put an amp theater for concerts on the river - that is already in the works potentially but the investors have no issues (from what I gathered) with the jail which is ironic. Then again - unlesses they sided with public officials on that jail project it would have probably been an uphill battle for them - because Terre Haute is super ridiculous when it comes to this shit...

If the county officials and Riverscape haven’t reached out to Gibson about casino/ river potential I’d be shocked. It seems this is vert much a day-by-day situation where a lot of things are at play.

Regardless of where the jail goes - I’m utterly amazed at how hell bent certain politicians in this community are on making sure it goes in that one friggin location. It’s bizarre.
 
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Does anyone know why the state would approve a Casino in Terre Haute, when placing one in Indy would generate about 100 x's the Taxes and Revenue for the state?

Yes, there's one in Anderson...but I just don't see where all the attendee's for a Terre Haute casino would draw from.

There's just NOT enough people in Clay, Sullivan, Owen, Greene, Vermillion, Parke, Putnam, etc, and the equally sparse and equally financially challenged counties across the river in Illinois. Heck...add in Knox and Davies counties....and it's still a stretch....especially since there's an existing Casino in French Lick.

What am I missing?
 
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