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Associated Press - June 15, 2009 8:34 PM ET
LAWRENCEBURG, Ind. (AP) - The owners of 1 of Indiana's most successful riverboat casinos are preparing to replace it with a new $335 million boat that's the size of 2 football fields.
The new Hollywood casino will replace the 13-year-old Argosy casino when it opens June 29. It will raise the stakes in a regional battle for gamblers' dollars with two other Indiana casinos and a casino that Kentucky lawmakers might soon approve.
Argosy parent Penn National Gaming Inc. said the new casino's 150,000-square-foot gambling floor will help it defend its turf if Kentucky approves a proposal to expand gambling to help rescue that state's ailing horse industry.
The casino, less than two miles from a bridge linking Indiana and the Kentucky suburbs just south of Cincinnati, has been under construction for two years.
Information from: The Courier-Journal, http://www.courier-journal.com
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