8-Dec-05. New casino’s a good bet. Calgary Sun, 10.

The Calgary Stampede will start work on a new hotel and casino within a year after landing an $80-million credit guarantee from the City of Calgary. Stampede Chairman Steve Allan said negotiations are underway with a hotel developer which, if successful, will see the construction of a hotel and casino on the north end of the park. According to Allen, the current casino is underperforming and the new facility will be the best casino in the marketplace.