Slots At Rocky Gap Planned For Latter Half Of 2013
CUMBERLAND, Md. (AP) -- The new owner of the Rocky Gap Lodge & Golf Resort near Cumberland says the resort plans to start operating slot machines late next summer or early next fall.
The Cumberland Times-News reported Tuesday on a Securities and Exchange Commission filing by Lakes Entertainment Inc. of Minnetonka, Minn.
The company owns Evitts Resort LLC, which recently acquired the 215-room hotel complex and a state casino license for the property.
The company plans to install 500 slot machines in the hotel's meeting space. It says it expects to spend $25 million to $30 million on acquisition and development.
It says it plans to fund the entire project with company cash but may obtain third-party financing for a portion of the project costs.
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