After months of anticipation, the Arkansas Racing Commission has announced that a new application period for the final casino license in the state will be opening this summer. The upcoming casino will be the fourth and final casino allowed under Amendment 100, which was approved by voters in 2018.
The first three casinos to open in Arkansas were located in Hot Springs, West Memphis, and Pine Bluff. These casinos have seen great success since their opening, bringing in millions of dollars in revenue for the state and creating thousands of jobs for Arkansans.
The final casino license will be open for bidding starting on July 1st, with applications due by September 1st. The application process is expected to be highly competitive, as many gaming companies are eager to expand their presence in the lucrative Arkansas market.
The Arkansas Racing Commission has outlined several criteria that applicants must meet in order to be considered for the final casino license. These criteria include financial stability, experience in the gaming industry, and a commitment to investing in the local community.
Once the application period closes, the Racing Commission will review all submissions and select a winner based on merit. The chosen applicant will then be granted the final casino license, allowing them to build and operate a new casino in the state.
The opening of a new casino in Arkansas is expected to bring even more revenue and jobs to the state, further boosting the local economy and providing new entertainment options for residents and tourists alike. The Racing Commission has expressed excitement about the upcoming application period and the potential for a new casino to enhance the gaming industry in Arkansas.
As the summer approaches, gaming companies from across the country will be eagerly preparing their applications in hopes of securing the final casino license in Arkansas. With the potential for significant economic growth and job creation, the final casino license is sure to be a highly sought-after prize in the gaming industry. Stay tuned for updates on the selection process and the future of gaming in Arkansas.
