Gulfside Casino Resort has announced plans to invest $405 million in developing a new casino resort in Pope County, Arkansas. The announcement came during a press conference held at the resort’s current location in Gulf Shores, Alabama.
The new casino resort will be located on a 240-acre site in Russellville, Arkansas, and will feature a luxury hotel, multiple dining options, a state-of-the-art casino, and a variety of entertainment venues. The resort will also include a spa, fitness center, and outdoor swimming pool.
Gulfside Casino Resort CEO, Terry Green, expressed excitement about the project, stating, “We are thrilled to bring our world-class gaming experience to the people of Pope County. Our resort will not only create hundreds of new jobs for the local community but will also stimulate economic growth in the region.”
The casino is expected to generate over $100 million in annual revenue, with a portion of the proceeds going towards various community projects and initiatives in Pope County. The resort will also contribute to the local economy by hiring over 1,000 employees during the construction phase and creating over 2,000 permanent jobs once the resort is operational.
Local residents and officials have expressed mixed reactions to the announcement. Some are excited about the potential economic benefits and job opportunities that the resort will bring to the area, while others have raised concerns about the potential impact on the community and increased traffic congestion.
Gulfside Casino Resort is now in the process of securing the necessary approvals and permits to move forward with the project. Construction is expected to begin in the coming months, with an estimated completion date of 2023.
Overall, the announcement of Gulfside Casino Resort’s $405 million investment in Pope County has generated significant interest and excitement among residents and officials. The resort is expected to bring a new level of luxury and entertainment to the area, while also creating much-needed economic growth and job opportunities for the community.