SIOUX CITY-Penn National Gaming Inc. submitted two proposals to the Iowa Racing & Gaming Commission (IRGC) for two new casinos with all-in costs of $327 million. The Wyomissing, PA based casino owner, developer and operator joined two other groups hoping to plant their own entertainment and casino operations in and around the Sioux City area and in Woodbury County.

The plans are being submitted as part of a move to replace the current Argosy Casino riverboat with a land-based casino. Argosy Casino is currently docked on the Mississippi River and operated by Penn National. According to local reports, the IRGC put Woodbury County’s license up for bid after talks failed on a long-term deal between Penn National and Missouri River Historical Development.

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