AP NEWS

Tentative settlement reached in Sioux City casino lawsuit

February 16, 2018

SIOUX CITY, Iowa (AP) — A tentative settlement has been reached in a lawsuit filed over nearly $1.8 million in unpaid revenue-sharing funds from the former Argosy Sioux City riverboat casino.

The Sioux City Journal reports that attorneys notified a U.S. magistrate last week of the tentative deal. The terms have not been disclosed.

The nonprofit Community Action Agency sued the Belle of Sioux City, which operated the Argosy, and Belle’s parent company, Penn National Gaming, on behalf of itself and other nonprofits that had received grants from Missouri River Historical Development Inc. That organization was the state-licensed nonprofit group that collected and distributed a portion of Argosy gambling profits to charitable and civic organizations.

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Information from: Sioux City Journal, http://www.siouxcityjournal.com

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