NORFOLK, Neb. (KTIV) - WarHorse Gaming LLC, a division of Ho-Chunk, Inc., has announced its intention to construct a five furlong horse racing track and eventual gaming facility at the Devent Center in Norfolk, Nebraska.
According to a press release, representatives with WarHorse Gaming plan to approach the Nebraska Racing and Gaming Commission on July 16 to apply for a racing license.
“The community and city government are remarkably supportive of the development,” said Brian Chamberlain, Executive Director of WarHorse Gaming, LLC. “So it is incumbent upon us to build a top-notch facility that complements horse racing, while at the same time providing guests a next-level experience.”
WarHorse is anticipating to contribute roughly $2.1 million in annual tax revenue to Norfolk and Madison County, while also employing roughly 250 people. With plans for nearly 500 gaming positions and a sports book, WarHorse expects the state's property tax refund to increase to as much as $8.4 million annually.
“The community development benefits are clear,” said Josh Moenning, Mayor of Norfolk. “The project attracts new investment from a northeast Nebraska-based business, is part of the solution to reducing property taxes, increases tourism and spurs new economic activity, and adds to the growing mix of entertainment and recreation venues that are making Norfolk a vibrant and dynamic place to live and visit.”
WarHorse is expecting construction on the track and facility to begin later this year, with full operations beginning in the spring of 2022.
In addition to the proposed Norfolk facility, WarHorse will be responsible for casino management and gaming operations at South Sioux City, Lincoln Race Course and Horsemen’s Park in Omaha.