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Tuesday, February 22, 2005

Ind. Gov't. - Orange County casino delayed as Trump company faces bankruptcy

"Orange County casino delayed as Trump company faces bankruptcy" is the headline of an AP story today. It gives a good overview of the current situation, including these quotes:

"People are getting restless in the county, no doubt," said state Rep. Jerry Denbo, the French Lick Democrat who led the decade-long push to build a casino in French Lick, about 50 miles northwest of Louisville, Ky.

Scott Butera, the Trump company's chief operating officer, was quoted last week in a New Jersey newspaper as saying the company might pull out of the Orange County project because the $108 million development might not fit Trump's plans after bankruptcy.

But in an interview with The Courier-Journal of Louisville Friday, Butera said that all he was meant was that company officials need to meet with new leaders in Indiana.

"We're still proceeding in French Lick," he said.

Denbo said the statements by Butera were consistent with other signals from the company. The local Historic Hotel Preservation Commission had been receiving weekly progress reports from Trump representatives, but those stopped in early December, he said.

Posted by Marcia Oddi on February 22, 2005 04:40 PM
Posted to Indiana Government