A greyhound track in east Arkansas is spending $250 million to build a new casino complex and high-rise hotel.
Delaware North, the parent company of Southland Gaming and Racing in West Memphis, said Thursday it plans to begin construction this summer on its new 113,000 square-foot casino complex and 20-story hotel tower.
The expansion is expected to add as many as 60 live table games and expand its gambling machines from 2,000 to 2,400.
The announcement comes months after Arkansas voters approved legalizing casinos at Southland, a Hot Springs horse track and in two other counties.
The tracks already offer electronic gambling such as video poker.
Southland says it plans to open 40 live table games, including blackjack, craps and roulette, at its existing facility in April.
If the casino ballot initiative passes in Arkansas on Tuesday, Delaware North, the parent company of Southland Gaming and Racing, will attempt to build a hotel and convention center in West Memphis, Delaware North Senior Vice President of Governmental Affairs Jack Mc Neill told Talk Business & Politics.
It would cost at least $200 million to build and would likely be located on the Southland property, he said.
A proposal to legalize casinos in Arkansas has been approved for the November ballot.
Secretary of State Mark Martin's office on Wednesday said supporters of the proposed constitutional amendment submitted more than the nearly 85,000 signatures from registered voters required to put the proposal on the ballot.
Martin's office said it had determined 99,988 valid signatures were submitted.
A man playing poker at an Atlantic City casino has won $1 million on a $5 bet.