Investor group Osage River Gaming and Convention (ORGC) has partnered with Bally’s, According to a Lake Expo local news report.
The group also revealed the location of its latest riverboat casino project, which will be at Eagles’ Landing along Missouri’s Osage River, pending approval by the Missouri Gaming Commission.
Osage River Gaming and Convention is presently advocating for a proposed state constitutional change that will give voters a chance to say yes on the ballot to a casino along the river, the local report said.
More specifically, voters could decide to approve changing the Constitution to make way for a 14th gambling boat license.
Four petitions are currently up for circulation, and supporters would need to choose one of those and collect at least 170,000 signatures. Once those are collected, the motion to include amending the Constitution would be on next year’s ballot.
If more than half of voters pull the lever for a “yes,” the amendment could become part of Missouri law.
ORGC announced its collaboration with Bally’s through a letter to the City of Lake Ozark that was recently presented to the city’s board. The letter laid out the location for the new venue “"[approximately] 20 acres of the total 90-acre Eagles' Landing Phase 4 property."
The letter also stated that a hotel/convention center, as well as restaurants and retail would be developed on the remaining ground.
Bally’s currently operates 15 casinos in 10 US states. The company anticipates opening a permanent Chicago casino by 2026.
The new venue will be home to 4,000 gaming positions, as well as to an exhibition hall, 500-room hotel, a 3,000-seat theater and 10 restaurants.
