A 70,000-square-foot casino on the Oklahoma-Texas border has passed the halfway point of its construction, according to a press release from the casino’s owners, the Chickasaw Nation.
When completed, Lakecrest Hotel and Casino will have a gaming floor of around 1,000 electronic games and its hotel will be home to 58,000 square feet and 89 rooms.
Construction is expected to be finished by the spring of 2024.
Tribal casino will have significant financial impact on area
Once completed, the tribal casino will bring a broad range of economic benefits to Clark County, according to Chickasaw studies. Here’s a snapshot of what those benefits will be:
- More than 200 new jobs with an estimated annual payroll of nearly $4 million
- $102.4 million in economic impact in Clark County in the first year
- $307.6 million in economic impact after the first five years.
In a Chickasaw Nation press release, Governor Bill Anoatubby said that once complete, the casino will provide a huge boost to the local Clark County community.
“Once complete this project is expected to generate a great deal of jobs in the community and revenue, which will be used to fund and expand programs and services for Chickasaw people and help meet our mission, to enhance the overall quality of life of the Chickasaw people.”
“We believe this project will become a destination location and economic engine for the region,” Chickasaw Nation Secretary of Commerce Dan Boren said. “This project continues to leverage our experience in providing entertainment, retail and hospitality while attracting visitors from Texas, Arkansas and surrounding states.”
Chickasaw Nation continues its gaming expansion in Oklahoma
The announcement of Lakecrest Hotel and Casino’s progress comes just a few months after the Chickasaw Nation opened West Bay Casino and Resort under two hours away at Lake Texoma. The casino is smaller than the forthcoming Lakecrest property—around 275 electronic games.
Boren, who was on hand for West Bay’s ribbon-cutting ceremony in May, said the Lake Texoma casino will serve as an anchor for the region in the same way Lakecrest will.
“We anticipate West Bay will be an anchor tourist destination at Lake Texoma,” Boren said via a The Ada News article. “There are an estimated 6 million visitors to the area each year, and it is our goal to not only increase that traffic but give visitors a fun, inviting, quality experience that will entice them to stay even longer.”
The Chickasaw Nation operates 20 Oklahoma casinos and gaming centers throughout the state. In doing so, it has an economic impact of $5.5 billion and supports more than 34,000 jobs.