Tuesday, December 18, 2012
Media reports say Dan O'Leary is not giving up on his vision of the $1 billion destination gambling facility, though.
- BUSINESS
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Tuesday, December 18, 2012
Dan O'Leary, the developer behind the proposed $1 billion gambling complex in the Norcross area, says he no longer controls the property where he was planning on building it, according to media reports. O'Leary told the Atlanta Journal-Constitution that they've extended the land contract seven times already on the OFS site, so they're taking a break from it. OFS is a fiber-optic company that only uses a portion of its multi-acre land off I-85 and Jimmy Carter Boulevard. O'Leary has constantly propelled the mindset that the gambling complex would save the HOPE Scholarship. In addition to creating an annual estimate of $350 million for HOPE, the project would gain a projected $700 million in annual revenue and create 2,500 new jobs and a …
Monday, October 15, 2012
In a Gwinnett Municipal Association meeting, developer Dan O'Leary says his proposal for an entertainment and gambling complex could bring a "quick infusion" of funds into Georgia's ailing Hope Scholarship program.
For even the most die-heart southern conservative, Dan O'Leary makes a convincing argument that gambling would be a good idea for Gwinnett - and the entire state of Georgia. O'Leary, a long time developer in the Atlanta metro area, is pitching the idea of a multi-million dollar development that would include entertainment, restaurants, hotels - and gambling to a 122-acre site on the southwest corner of I-85 and Jimmy Carter Boulevard where OFS is currently located. The gambling complex would feature a computerized scratch-off ticket type of gambling dispensed by VLTs (video lottery terminals) which look similar to slot machines. And the state would benefit to the tune of $350 million in just the first phase of the development, later he …
Thursday, August 2, 2012
Developer Dan O'Leary released a statement after the casino gambling question on the GOP ballot unexpectedly received a slight majority favor.
Much to everyone's surprise, Georgia Republicans voted a slight majority in favor of the casino gambling question on Tuesday's ballot. The question, "Should Georgia have casino gambling with funds going to education?" received 50.2 percent for it while 49.7 percent said no. How did you vote on the question in Tuesday's election? Tell us in the comments. While the question is non-binding and were merely advisory, it could impact the proposed $1 billion gambling facility in Gwinnett County, particularly unincorporated Norcross. Developer Dan O'Leary believed the question is flawed, especially when compared to the Democrats' question, which reads, "Would you support Casino gambling in Gwinnett County?" Now that the votes were more in favor …
Wednesday, July 25, 2012
Fifty-six percent of Georgians favor video lottery terminals in a casino-style environment to fund education, according to a recent 11Alive poll.
A recent poll by 11Alive found that a majority of Georgians support video lottery terminals in a casino-style environment to help fund the HOPE scholarship and pre-kindergarten. Out of the 1,292 registered Georgia voters polled, 56 percent said they favored the use of VLTs. Widespread support was found across all ages, genders and political parties, including conservatives and Republican voters. Thirty-four percent said they opposed it, and 11 percent were unsure. Do you favor casino-style VLTs for funding education? Tell us in the comments. The poll was released Tuesday, a week before the Republican Primary, which features the ballot question, "Should Georgia have casino gambling with funds going to education?" A similar question is also …
Friday, July 20, 2012
Digital sales would begin later this year or in 2013; gambling complex developer Dan O'Leary responds to the decision.
- GOVERNMENT
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Friday, July 20, 2012
The Georgia Lottery Board of Directors voted Thursday to begin a plan to allow players to buy tickets for jackpot games online, according to media reports. MegaMillions, PowerBall and Fantasy 5 will be the initial offerings, according to lottery president Margaret DeFrancisco. -- Will online sales affect your lottery purchases? Tell us in the comments below. The online sales would begin later this year or in 2013. "Our mission here is to maximize revenue for the HOPE Scholarship and Pre-K programs," DeFrancisco told WSB-TV. The lottery reported record sales of $3.8 billion in the fiscal year ending June 30, but rising enrollments and tuition costs have reduced funds available to HOPE scholars. Developer Dan O'Leary, who has been working on…
Wednesday, July 18, 2012
Dan O'Leary went before the Gwinnett Village CID board and audience to reinforce the idea that his Norcross-area destination gaming facility is a "silver bullet" for saving HOPE.
Developer Dan O'Leary went before community members, the Gwinnett Village CID Board of Directors and staff at its monthly meeting last Thursday to give a PowerPoint presentation on his destination gaming facility project in the Norcross area. O'Leary, who's been working closely with the CID for more than a year, made his usual statements about what the "world class" project entails: It would be built at the OFS fiber optic site at I-85 and Jimmy Carter Boulevard; it would have video lottery terminals alongside upscale restaurants, retail and a hotel; 2,500 people would be employed the first day it opens; 6 million visits are estimated for its first year; and of course, it would generate millions of dollars every year for HOPE. "For such a …
Meredith Sigers
12:40 pm on Sunday, August 12, 2012
Gwinnett BOE salaries are not the issue, they are in the education factor of Gwinnett County, but the lottery money....look at the Lotto Admin salaries and you'll find a great deal. Also, once we opened the lotto and joined other states for Powerball and Mega, the money now is distributed between all participating states. It's the price you pay for having larger jackpots. When it was only GA … more ›