KENOSHA, WI – Argosy Gaming Co. has entered into an agreement with Nii-Jii Entertainment LLC to serve as the developer and operator of a proposed Indian casino in Kenosha, WI. Nii-Jii has separately entered into an agreement with the Menominee Tribe of Wisconsin to serve as the manager of the casino project, which has been proposed for the Dairyland Greyhound Race Track site in Kenosha. The proposed casino is subject to numerous regulatory approvals, including approval from the U.S. Bureau of Indian Affairs.

Under its agreement with Nii-Jii, Argosy has also committed to provide up to $35 million of subordinated debt for the project. Argosy’s financing commitment is conditioned upon the tribe obtaining the requisite regulatory approvals and raising the remaining project costs through an institutionaldebt offering.

Argosy owns and operates riverboat casinos and related entertainment venues and hotels in the Midwest and South, including the Alton Belle Casino in Alton, IL, in metro St. Louis;the Argosy Casino in Riverside, MO, in greater Kansas City; the Argosy Casino-Baton Rouge, LA; and the Belle of Sioux City, IA.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.