Warhorse is expanding facilities as part of its refinancing of $300 million in startup loans.
Following the 2020 legalization of casino gambling at racetracks, Warhorse Gaming has taken full advantage. Warhorse Gaming is part of the Winnebago Tribe of Nebraska’s economic development corporation, Ho Chunk Inc.
South Sioux City is being planned for the new Warhorse gaming location, which currently runs casinos in Lincoln and Omaha.
Lance Morgan, CEO of Warhorse Gaming, said the ability to refinance startup loans at a lower interest rate shows investor confidence and will help the operation continue to grow.
A necessary part of operating a casino in Nebraska is owning the horse racing track, which Warhorse already does in South Sioux City.
Morgan said South Sioux City’s proximity to the Winnebago reservation could help employ more tribal members.
