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Nebraska Casino’s largest operator, Warhorse Gaming, LLC, Ho-Chunk subsidiary, Inc., has nailed $ 300 million to start to fund Casino’s construction for the next five years, including expansions and a new casino.
The new $ 50 million casino contractor scheduled for South Sioux City, Neb., Is Ho-Chunk Construction Group, based in the Winnebago Nation, near the city of Sioux.
“We are planning to start construction in summer [of 2026] And its completion will be 18 to 24 months, “says Drew Niehaus, Ho-Chunk spokesman.
The refinancing “has improved the interest rate and opens more cash flow versus again to the loan,” adds Niehaus.
The other warship horses are Warhouse Omaha and Warhorse Lincoln, both opened in 2024 and have completed or subjected to expansions.
The expansion of $ 70 million from Lincoln Casino is underway and will add 70,000 to 80,000 square meters of board games, slot machines and a bar and a sports restaurant. Niehaus says a 200 -room hotel is also planned, but it has not started and a timeline is not yet completed.
The expansion Omaha Warhorse Omaha, with Sampson Construction as a subcontractor, was completed this April and includes a 50,000 -square -meter game apartment with 1,200 slots, a skywalk covered from the parking garage to the casino and new restaurants.
Nebraska voters approved a voting measure in 2020 to allow the Casino Games on horse racing tracks.
“We promoted this constitutional modification for Games in Nebraska,” says Niehaus.
The Warhorse Gaming has generated about $ 95 million in game revenue until this year. This year’s War Horse’s game on War Horse’s income has added up to $ 22.5 million so far, mainly aimed at reducing property taxes under Nebraska’s law.
Warhorse Gaming hopes to duplicate its operating box flow by 2026, according to the company.
