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Riverwalk Starts ConstructionThe Riverwalk Casino and Hotel in Vicksburg is finally breaking ground this week. The developers informed the Mississippi Gaming Commission earlier today that they would be breaking ground and starting construction this week. They plan on having the casino and hotel open by July of next year, and by starting construction this week they should be right on schedule. They are building the $100 million project on a twenty-two acre site just north of the Rainbow Hotel Casino. They will have 800 slot machines, table games, a hotel, a meeting facility, as well as a parking lot and promenade. The owners say that the location is perfect, and that the business climate of Mississippi was basically a “free market environment.” They say that the commission approved their plan, as well as extended site approval for the project since it was going to expire next December. Lamb Partners, the Chicago based group, are the majority stockholders in the new casino. They said they liked the location because of the low taxes, as well as the fact that it has unlimited slot machine and gaming licenses.
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