Minnesota Live Casino Complex Revealed
MINNEAPOLIS (AP) - Developers have plans for a gambling and entertainment hub in downtown Minneapolis that they say could draw tourists from across the Upper Midwest.
Alatus LLC will take its plans for the Las Vegas-style casino, restaurant and retail complex to the state Capitol Wednesday.
Alatus says the state would run the casino, which it says could create thousands of jobs and millions of dollars in sales. It would be built without public funding and would require a minimum private investment of $200 million.
The plan to redevelop the downtown area, called Block E, will face some hurdles. The Republican-controlled Legislature is divided on expanding gaming. Currently, American Indian tribes hold exclusive rights to casino gambling in Minnesota. Minneapolis Mayor R.T. Rybak says he doesn't support the plan.
Alatus calls the development Minnesota Live.
(Copyright 2011 by The Associated Press. All Rights Reserved.)