Pine Bluff Just Bet $250 Million That Entertainment Saves a Casino Market. I've Seen This Bet Before.
The Quapaw Nation is dropping $250 million on a 320-room tower and a 1,600-seat event center at Saracen Casino Resort in Pine Bluff, Arkansas. The question isn't whether John Legend sells out opening night... it's what happens on a random Wednesday in October when the headliner is a regional tribute band and you're carrying debt service on a 14-story hotel.