Omaha City to provide tax incentives for new casino

The casino will employ about 500 full and part-time workers.
The casino will employ about 500 full and part-time workers.

The Omaha City Council has approved a plan to provide tax incentives for the development of a casino at Horsemen’s Park.

US.- Omaha City Council has approved $17.5m in tax incentives for Warhorse Gaming Omaha‘s project to develop a $220m new casino at Horsemen’s Park.

The Winnebago tribe launched the project after voters approved casinos in Nebraska. However, Ho-Chunk Inc’s subsidiary Warhorse, said the development “would not be feasible without the TIF.”

The company will have to repay the TIF over a period of years, while paying a lower property tax rate based partially on the value of the undeveloped property.

The Omaha City casino is expected to employ around 500 full and part-time workers.

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