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LOOKING AHEAD: Questions remain about future of proposed casino

Posted By at Sunday, February 07, 2016

07Feb

In 2013, The Catabwa Indian Nation petitioned the federal government for the rights to land in the Kings Mountain area to build a $600 million casino off of I-85. Heading into 2016, questions remain about the future of the casino.


Currently, the tribe has a pending application with the Federal Bureau of Indian Affairs to place 16 acres, off of exit 5 on I-85, in a federal trust for the tribe.


If the bureau approves the application, the tribe will be able to move forward with a 1.8 million-square-foot facility, which would featre a casino and hotel. The $600 million complex could employ upward of 5,000 people, according to initial reports?


Since the casino was first proposed, it has been met with mixed results from the government and general public. Some county and state leaders are in favor of the casino, citing the creation of jobs and economic stimulation. Others have spoken out against the project, mostly noting the dangers of gambling.


In July 2015, the Catawba Indian Nation confirmed it is in talks with Hard Rock International in Orlando about managing the $600 million facility. It would generate about $300 million in its first year and create several thousands of jobs, according to the tribe.


Wallace Cheves, of Sky Boat LLC, the tribe’s development partner in the proposed casino, told the Charlotte Observer in August that, “multiple people worldwide” have approached his company about branding the proposed Catawba casino.


The casino is still being considered by officials in Washington, D.C., and the new year may bring more answers about the proposed future of the casino.