The new hotel was mostly funded by cash, but the casino was able to pay off a $6 million bank loan.
“Things are going well,” said Gary Palmer, Prairie Meadows Chief Executive Officer. “With our new hotel and our convention facilities, we are very happy with our numbers. Actually, we always want them better, but we are not complaining. It is going very well.”
Prairie Meadows is also currently working on a $10 million, 15,000-square-foot casino expansion which should be completed in mid-October.