In a groundbreaking development for the local economy, Little River Casino has struck a lucrative deal with Horry County that is set to bring in an impressive $15.6 million in revenue over the next five years. The agreement, which was finalized after months of negotiations, will see the casino making annual payments to the county in exchange for various business advantages.
The deal, which was announced by Horry County officials at a press conference earlier today, has been met with widespread enthusiasm from both the local community and investors alike. This agreement marks a significant milestone in the ongoing efforts to bolster the regional economy and create new job opportunities in the area.
According to sources close to the negotiations, the agreement includes a range of benefits for the casino, including tax incentives and access to various resources and infrastructure improvements. In exchange, the casino has agreed to make substantial financial contributions to the county, which will be used to fund various community development projects and initiatives.
One of the key aspects of the deal is the creation of a special fund dedicated to supporting local businesses and entrepreneurs in the area. This fund, which is set to receive a substantial portion of the casino’s annual payments, will provide low-interest loans and grants to help small businesses grow and thrive in the region.
In addition to the financial benefits, the agreement also includes provisions for increased cooperation between the casino and local authorities in areas such as public safety and environmental conservation. This partnership is expected to strengthen community ties and ensure that the casino operates in a responsible and sustainable manner.
The announcement of this deal has been met with great excitement by residents of Horry County, many of whom believe that it will bring much-needed economic growth and prosperity to the region. Local business owners and entrepreneurs have hailed the agreement as a positive step towards creating a more vibrant and dynamic local economy.
With the ink barely dry on the agreement, work is already underway to implement the various provisions outlined in the deal. County officials have expressed confidence that this partnership with Little River Casino will yield significant benefits for the entire community and pave the way for a brighter future for Horry County.
Overall, the $15.6 million casino deal represents a significant milestone in the ongoing efforts to revitalize the local economy and create new opportunities for residents of Horry County. With this partnership in place, the future looks bright for both the casino and the community as a whole.
