SOUTH Sioux City- Ho-Chunk Inc. is prepared to spend $300 million to expand tracks to include casinos in South Sioux City, Omaha and Lincoln after 65% of Nebraska voters approved Las-Vegas style gambling on Election Day.

Proponents of the initiative say almost $500 million in revenue per year is going to Iowa and other neighboring states. Opponents believe the approved measures will ultimately result in bankruptcies and social problems will be heightened through gambling addiction.

Ho-Chunk and Nebraska Horsemen's Benevolent and Protective Association worked together to collect the signatures to get the measures on the ballot. These two organizations will manage the new casinos at the existing race tracks. Construction is expected to begin in the spring with the Lincoln and Omaha tracks being able to offer casino gambling about six months later. Lance Morgan, CEO of Ho-Chunk says it will be a huge boom for the industry and rural Nebraska.

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