TH residents get to keep their money

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Sycamorefan96

Sycamorefan96

The Menser Level
Supporter
Looks like the permit for the project was not renewed. Gibson is not sure if they will try to reapply. The entire project has been a laughable joke anyways. I voted "no" on the resolution so I'm not at all disappointed. Gibson is like a mobster that has every politician in this city and county in his back pocket.

www.wishtv.com

Terre Haute casino project's gaming license not renewed

LATEST: Churchill Downs, Hard Rock, 2 others vie to build casino in Terre Haute TERRE HAUTE, Ind. (WISH) — In a unanimous vote Wednesday, the Indiana Gaming Commission declined to renew the gaming license for the Terre Haute casino project. Plans from Lucy Luck Gaming called for a $125 million...
www.wishtv.com www.wishtv.com

www.wthitv.com

'We may reapply, but I'm not sure if we will...' Gibson releases statement as Terre Haute's casino future is unsure

VIGO COUNTY, Ind. (WTHI) - The current casino plans under Lucy Luck Gaming are on hold for now, and the future seems uncertain for a casino in Terre Haute.
www.wthitv.com www.wthitv.com
 

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A lot I could say about this original post... I will just leave it be.

Here are the monthly revenue numbers right here for you all to digest... https://gaming.unlv.edu/reports/national_monthly.pdf

If you don't think the commission is getting pressure from French Lick and Evansville you would be wrong. If you don't think the state legislators and others are wondering why they're not bringing this casino license to Indianapolis or Fort Wayne you would be wrong.

Seems like a pretty complex/fluid situation. And yes - what Greg Gibson has done for Terre Haute and continues to do should not be taken for granted. I could expand on that point but I will spare you all. I will just say that we wouldn't have LaVern Gibson Cross Country Course without him and the economic impact of that facility alone can't be overstated enough... Let alone what it has done for Indiana State.

Don't get caught up in the filth you read on social media by people who are sorely misinformed.
 
The effect of losing the casino on the Terre Haute City Budget will be considerable. A number of people, myself included, have worked for an extended period of time on various concepts to improve Quality of Life in Terre Haute and Vigo County. The Casino bringing people to TH/WV and spending money here and in the area would generate considerable tax revenues which would fund continuous improvements in appearance and activities that would appeal to tourists/gamblers/etc.
 
You don't have to like gambling and what comes with a casino to understand the economic impact it would bring to this area... Let me give you some for instances to consider:

Construction jobs and money to local companies to build the casino. Most of that money will stay in our community.

Casino jobs - well paying jobs that will employ 150+ people.

Additional development in the area - restaurants, stores, hotels etc.

Golf Course Funding - money had already allocated to Hulman Links as they've been improving the course since the announcement. What was once a loss leader on the city books was well on it's way to being saved.

The other thing you really have to understand - people that like to gamble are going to gamble. Why shouldn't we want them to spend that money in our community? That money is now going to Evansville, French Lick, Shelbyville, St Louis, Etc. (don't get off subject and political here people) those cities have done just fine and the casino hasn't hurt any of them...
 

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SSOM is right. Those that gamble are going to gamble. Why allow other cities to benefit when you can keep that money in town?

As for the title of this thread “Terre Haute residents get to keep their money”, isn’t that a personal choice that each individual citizen should be allowed to make?
 
SycamoreStateofMind said:
You don't have to like gambling and what comes with a casino to understand the economic impact it would bring to this area... Let me give you some for instances to consider:

Construction jobs and money to local companies to build the casino. Most of that money will stay in our community.
Click to expand...

Will it? This is effectively a 'franchised' casino - what are the stipulations from "Corporate" on construction jobs? groundbreaking, dirt-moving maybe quite local
but I know that construction workers are highly mobile. yes, some of what a 'distant' construction worker earns will stay in town, but not all as it would if all of the workers were Vigo County residents

SycamoreStateofMind said:
Casino jobs - well paying jobs that will employ 150+ people.
Click to expand...

1,150 gaming "stations" per the casino filings... incl. 50 table games; slot machines don't draw a salary, nor pay taxes or spend money in local stores and restaurants...

good source on current Terredise wages: https://www.bls.gov/oes/current/oes_45460.htm

SycamoreStateofMind said:
Additional development in the area - restaurants, stores, hotels etc.
Click to expand...

yes, some but I don't see The Haute become the Vegas! of the Wabash Valley, much less the Midwest with this casino

SycamoreStateofMind said:
Golf Course Funding - money had already allocated to Hulman Links as they've been improving the course since the announcement. What was once a loss leader on the city books was well on it's way to being saved.
Click to expand...

golf economy never ends... what ends is some golf courses as players ebb and flow

SycamoreStateofMind said:
The other thing you really have to understand - people that like to gamble are going to gamble. Why shouldn't we want them to spend that money in our community? That money is now going to Evansville, French Lick, Shelbyville, St Louis, Etc. (don't get off subject and political here people) those cities have done just fine and the casino hasn't hurt any of them...
Click to expand...

Evansville has had "the boat" for quite some time --- It hasn't been the driver of change/development in the same way that the medical campuses have; hell - some would argue that Evansville still hasn't replaced all of the jobs from WW II.

agree that gamblers are gonna gamble but everyone refuses to talk about the downside that accompanies the upside when a casino opens
 
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Jason Svoboda said:
Gibson may be a lot of things but without his doings, Terre Haute would be worse off, not better off.
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To be clear I don't have an issue with Greg Gibson investing money into Terre Haute and making lots of money in the process. My issue is that he doesn't play by the same rules as everyone else. Local politicians will change the laws and raise everyone's taxes to help Gibson make money which is simply not right, and they wouldn't do it without him asking for it.

The Convention Center shutting down 8th Street so they can lease the land off of Greg, while raising the restaurant tax here to pay for it was the last straw for me. I don't care if it's only 5 bucks extra a year or not. They wouldn't do that for anyone in this town except Greg Gibson.
 
They closed 7th street once before to build Union Hospital… Sooo they did that for someone prior to Greg Gibson bucko a 501C3 non for profit hospital that pays very little taxes in this city to begin with and makes millions upon millions in doing so. You’re way in over your head.

Oh now you’re a diehard Republican suddenly in favor of saving streets (gasp a road closure for progress). I know I know being conflicted is difficult but given your history on this forum you are on the wrong side of this issue. You might claim to “not have an issue…” but you clearly have an issue so don’t talk in circles.

Keep going and you will keep finding yourself deeper and deeper behind.
 
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Sycamorefan96 said:
Looks like the permit for the project was not renewed. Gibson is not sure if they will try to reapply. The entire project has been a laughable joke anyways. I voted "no" on the resolution so I'm not at all disappointed. Gibson is like a mobster that has every politician in this city and county in his back pocket.

www.wishtv.com

Terre Haute casino project's gaming license not renewed

LATEST: Churchill Downs, Hard Rock, 2 others vie to build casino in Terre Haute TERRE HAUTE, Ind. (WISH) — In a unanimous vote Wednesday, the Indiana Gaming Commission declined to renew the gaming license for the Terre Haute casino project. Plans from Lucy Luck Gaming called for a $125 million...
www.wishtv.com www.wishtv.com

www.wthitv.com

'We may reapply, but I'm not sure if we will...' Gibson releases statement as Terre Haute's casino future is unsure

VIGO COUNTY, Ind. (WTHI) - The current casino plans under Lucy Luck Gaming are on hold for now, and the future seems uncertain for a casino in Terre Haute.
www.wthitv.com www.wthitv.com
Click to expand...
I don't know Greg Gibson personally, but I'm sure glad he's willing to spend his money in our community to help make it a better place. He could just as easily spend this money in Arizona or Colorado or Texas, or anywhere else that would probably bring him a bigger return. But he's decided that he wants to make a difference in our community, his community. There are other millionaires in Terre Haute and I don't see them ponying up and putting there neck on the line like he is. The only thing I can think of as to why people have a problem with him is jealousy. His family are self made millionaires and he has taken the business to another level. We should be thanking him everyday for his efforts, not criticizing him. As to this setback, it smells of big money from other companies and cities trying to stop this. But sure, let's celebrate this setback, geez.
 

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Not a local anymore (and haven’t been for a while), so this is grain of salt talking:
Tolls on roads you don’t take don’t impact you. If you don’t bet sports or cards, the casino isn’t for you. The money it generates - even if 1/10 of the expected is still 1/10 more than nothing.
 
SycamoreStateofMind said:
They closed 7th street once before to build Union Hospital… Sooo they did that for someone prior to Greg Gibson bucko a 501C3 non for profit hospital that pays very little taxes in this city to begin with and makes millions upon millions in doing so. You’re way in over your head.

Oh now you’re a diehard Republican suddenly in favor of saving streets (gasp a road closure for progress). I know I know being conflicted is difficult but given your history on this forum you are on the wrong side of this issue. You might claim to “not have an issue…” but you clearly have an issue so don’t talk in circles.

Keep going and you will keep finding yourself deeper and deeper behind.
Click to expand...
I think you should lay off the beers because I have no idea what you are talking about. I have no idea what being Republican and road closures have to do with one another. The only one with an issue on here seems to be you. I get that you don't like my posts and are probably buds with Greg, or at least attempt to kiss his balls everyday, but I call BS when I see it. Greg Gibson plays a game called "crony capitalism" and I have a definite issue with that. Obviously you have the blinders on because you either like him and/or his projects, but I'm not going to turn a blind eye to the crookedness of Terre Haute.

Terre Haute needs some real freaking jobs here; not more low paying restaurant jobs or slot machines that will send money off to Vegas or wherever the casino owners live. If you go to most cities the size of Terre Haute, they have all kinds of industry and warehouses. We have two very major highways that run through here and we're right in the middle of Indy, Chicago, St Louis, Evansville, Nashville, and Memphis. We have several universities that produce all kinds of grads that leave. There are really no excuses to not attract high paying jobs here.

It seem to me that one of our problems is that we only attract businesses that will ultimately make Greg some money. Indiana is a very business friendly state, so the problem must be with our Gibson butt kissing politicians that have been around for decades. If any of these people had any kind of vision they would pressure the state to give us three or four exits off of I-70 (Canal Road and Fruitridge) instead of the measly two we have.
 
meistro said:
I don't know Greg Gibson personally, but I'm sure glad he's willing to spend his money in our community to help make it a better place. He could just as easily spend this money in Arizona or Colorado or Texas, or anywhere else that would probably bring him a bigger return. But he's decided that he wants to make a difference in our community, his community. There are other millionaires in Terre Haute and I don't see them ponying up and putting there neck on the line like he is. The only thing I can think of as to why people have a problem with him is jealousy. His family are self made millionaires and he has taken the business to another level. We should be thanking him everyday for his efforts, not criticizing him. As to this setback, it smells of big money from other companies and cities trying to stop this. But sure, let's celebrate this setback, geez.
Click to expand...
These other cities and states wouldn't change the rules for him. Thank him everyday? For what, raising our taxes so he can get rich? If anything we should thank Wal-Mart for wanting to build a second store in this town. I think they have attracted more stuff to the east side than anyone.
 
Oh and how could anyone forget about our railroads that companies also use for freight? I'd say that Terre Haute might have more rails than any other city its size.

Then there's our airport that pretty much sits vacant. I see more airplanes fly into Sky King up north than I see fly into Hulman Field. And don't get kid yourselves. No one is going to fly into Terre Haute to go gamble. They could use it for freight, but Indy Int'l is close enough and on our side of the city that it's pretty convenient for Fed Ex and whoever else uses it.
 

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Terre Haute solidified their place at the economic development table with Indy and the Republican Party(government)many years ago due to the county/city politics. The city and county are the red headed step-child at the family reunion.
 
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