Sioux City Casino License Not Renewed

by Associated Press
March 07, 2013 1:13 PM

Iowa regulators haven't renewed the gambling license for the floating Argosy casino in Sioux City.

But the cards still will be shuffled and dealt and bets will be made, because the Iowa Racing and Gaming Commission intends to keep the Argosy operating.

The commission gave routine license renewals to the rest of the state-regulated casinos on Thursday.

But the Argosy's wasn't because its operator, Penn National Gaming Co., and its local nonprofit sponsor, Missouri River Historical Development, no longer have an operating agreement.

Commission chairman Jeff Lamberti says the plan is to keep the Argosy operating and its more than 300 employees working until its land-based replacement opens.

Sioux City Casino License Not Renewed

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