A loan for its expansion project – Florida Casino Hialeah Park

In full expansion work, the Hialeah Park casino in Florida, USA has obtained a loan of $ 30 million to ensure the completion of the construction. The loan comes from the subsidiary of the global leader in the banking sector, Wells Fargo Capital Gaming. Founded in 1922, the casino of Hialeah Park is famous for its historic horse racing. In 2014, it started renovations that required a budget of $ 60 million. The project was to optimize the number of entertainment available to visitors of the hotel. The work advanced a lot. The casino has now 235 slot machines and 12 new poker tables. It also has therefore an outdoor shows and an entertainment area where can be broadcasted simultaneously the races that take place on the racetrack.

The loan is offered precisely to allow Hialeah Park Casino to complete its expansion. The project is scheduled for completion by the end of 2015. Note that this establishment run by John J. Brunetti Sr produced $ 64.1 million net revenue with its slot machines during the fiscal year that ended on June 30 according to Florida Division of Pari-Mutuel Wagering. By cons, its poker room generated $ 763,000 of income. With this expansion, the casino might be more successful and attract more visitors.

August 11, 2015 by : posted in CASINO, NEWS No Comments

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