Robert Duyos, Sun Sentinel
September 16, 2008
In the 2010-11 fiscal year, the city expects to take in about $845,000 from Gulfstream and $1 million from Mardi Gras Casino, which plans to overhaul its Greyhound racing arena and add a concert stage. The project will likely begin by late fall and will cost up to $8 million. But city officials say the Mardi Gras' expansion will not help the city for at least three years.
Even before the gaming bill passed, Gulfstream Park Racing and Casino in Hallandale Beach in February opened the first phase of a $1.2 billion mall next to the casino, but other expansion plans are on hold while its parent company, Magna Entertainment Corp., sorts out its finances in bankruptcy proceedings.