North St. Louis County casino site lacks financing - BusinessWeek

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A group wanting to locate a casino in north St. Louis County won't be making a pitch to the Missouri Gaming Commission as originally planned.

The Gaming Commission was to hear presentations Wednesday from four entities competing for Missouri's last

available casino license.

But an attorney for North County Development said it's had trouble getting financing for a proposed $150 million casino development because of the short time frame set by the commission.

The developers said in a letter Tuesday to the Gaming Commission that it either needed more time before making a presentation or would have to withdraw its application.

The Gaming Commission issued a statement saying the developers would not be making a presentation Wednesday but provided no further comment.




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