Lawrence county casino
Stephen Gilbert & with his MH Investors Gaming company & 1 other have put forward a application to be joint owners of the Valley View Downs current building plan that was going to be cancelled. The $429 million casino plus awesome racetrack is still pushing forward regardless. Gilbert and his partners don’t want full control.
This opens up a clear route for Centaur Gaming own the whole venture even though the $1 billion funds came to light that secured Gilbert his companies is still an option. The gambling commission have not withdrawn the pledge but there is little chance of them holding Gilbert to his word.
The economy has been blamed for the withdraw but i think why is he still providing funding?
The honest truth is that the risks giving finance and co-owning a casino and racetrack are too high, the money side is a big risk with the economy state. I will be interested to see if Gilbert still goes ahead.
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