Kehl says they expect to see savings in the things they buy for the day-to-day operations. I don’t expect to hire any more people on the corporate level at this point.”
“Each property will be individually managed with the same amount of employees we currently have. (as he says)”Property level management will remain the same,” Kehl says. He doesn’t expect the corporate change to lead to any changes in the number of employees. The company is building a new land-based casino in Davenport to replace the riverboat there. It also provides a lot of opportunities for us in terms of operating efficiencies and costs save on financing for new construction of the new casino,” Kehl says. (as he says)”Most importantly economies of scale and cross-marketing among the three properties. Dan Kehl already managed the properties individually and says the combined management has several advantages. The Riverside Casino, The Grand Falls casino at Larchwood and the Rhythm City Casino in Davenport are now all part of the company called Elite Casino Resorts. The Iowa Racing and Gaming Commission approved a move Thursday, June 4th to allow the consolidation of three casinos under the management of one company. Larchwood, Iowa - The ownership of Grand Falls Casino & Resort near Larchwood and its sister casinos in Riverside and Davenport will be consolidated into one company, led by casino developer Dan Kehl.
