Only a week after the president of Atlanta Motor Speedways unveiled the company’s proposal for a casino resort at a Georgia racetrack, he presented two conceptual drawings of the proposed resort. The latter would be adjacent to the existing racetrack which and would include a casino, NASCAR, and a theme park.
The project is estimated at $1 billion and according to preliminary expectations would create 3,000 construction jobs and 5,000 permanent jobs. As Ed Clark, president of Atlanta Motor Speedways, has revealed that the proposed resort would include a casino, a hotel, some restaurants and condos, and even a theme park. An indoor and outdoor water park is also included in the rendering, as well as an interactive driving range.
The chosen location has been estimated as a supreme one by the company since it is situated only 29 miles away from downtown Atlanta and approximately 8.5 million people live within a several hours’ drive. At the time when the project was unveiled, Mr. Clark explained that the casino is expected to be a big attraction but it would certainly not be the only one.
The main resort would feature a casino gaming floor situated on 85,000 square feet, 700 rooms, a 400-unit timeshare and a convention space of 75,000 square feet.
Georgia Lawmakers Would Have to Pass Constitutional Amendment So That the Casino Resort Is Permitted
Apart from the excellent location near downtown Atlanta, the president of Atlanta Motor Speedways also highlighted the fact that the casino resort project would be situated in close proximity to two airports. If approved, it would be adjacent to the Henry County Airport and would be only 21 miles away from Hartsfield-Jackson International Airport.
Of course, a new casino resort is expected to generate additional revenue for the state. According to Atlanta Motor Speedways’ president, part of the proceeds generated by the casino would be redirected to educational programs and initiatives, like it is currently done by the Georgia Lottery.
Despite he believes that the casino resort would be a great addition to the state and would only bring benefits to Georgia, Mr. Clark has explained that the groundbreaking will not be done any time soon. First, Georgian legislators are required to approve a Constitutional Amendment that has to be given the nod by two-thirds of the lawmakers in order for the measure to be passed. Then, the Amendment would have to be approved by the residents of Georgia before any permission for a casino resort to be sought.
It might be too early to say whether the concept for a casino resort would be backed by Georgian lawmakers, but Mr. Clark claims that it has already been welcomed by some local leaders. The company which has unveiled the proposal has promised that the project would create nearly 5,000 permanent jobs. According to Atlanta Motor Speedways, it would also generate $1 billion in construction revenue. The concept for the casino resort is being developed in collaboration with Foxwoods Resort Casino.
