VEGAS CREST CASINO
September 27, 2016
The city of Elk Grove and a tribe from Sacramento County have come to an agreement over the tribe's proposed casino. The casino would be located near an outlet mall off of Highway 99.
The Wilton Rancheria tribe would be the owners of the casino. Boyd Gaming Corp., will be partnering with the tribe.
On Wednesday the City Council in Elk Grove is scheduled to take place to finalize the plan. Under the agreement, $132 million will be paid to the city over 20 years. The money would go to offset the costs that the city would incur with the casino being there.
In addition to the casino, a 302 guest room hotel will also be built. It will be 12 stories tall. Plans also include bars and restaurants. There will also be a entertainment venue and a convention center.
It is estimated that it will take up to five years before construction can begin. The total cost of the casino is $400 million to build.
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