Elk Grove Casino Moves Forward as County Officials Approve Deal

by Placerville Newswire / Sep 30, 2016 / comments

Casino News Daily -- The Elk Grove City Council voted unanimously in favor of a proposed memorandum of understanding with the Wilton Rancheria tribe over a plan for the construction of a hotel and casino complex in the city...

Under the memorandum of understanding, the Wilton Rancheria tribe will pay the amount of $132 million to the city over a 20-year period to compensate for the impacts its complex will have on residents.

The tribe’s $400-million resort is planned to feature a 12-story hotel tower with 302 rooms, an entertainment facility with numerous food and beverage options, a spacious casino floor, and a convention center. The property is to be built right next to a half-built shopping center, the construction of which was suspended as a result from the recession...

Tribal Chairman Raymond C. Hitchcock promoted their casino as a venture that would turn into an economic catalyst for Elk Grove and the area and that the tribe will establish a “life-long relationship” with the community as its revenue-generating partner. The hotel and casino complex is expected to create close to 2,000 permanent jobs, once and if completed.

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