COMPTON : Council Imposes Fees on Proposed Card Casino
The City Council upped the ante Tuesday for developers planning to build a card casino, adding hundreds of thousands of dollars in city fees.
Under the new plan, which the council approved on a 4-0 vote, developer Compton Entertainment Inc. will pay $250,000 when the club opens and $125,000 a month until then.
Councilwoman Yvonne Arceneaux, a longtime card casino opponent, abstained from voting.
The council also approved a new license that formally includes Hollywood Park in the deal.
Hollywood Park will lease the the city-owned nine-story hotel off the Redondo Beach (91) Freeway for 50 years, starting at $600,000 a year, and buy the attached convention center for $2 million. Hollywood Park will then lease part of the hotel to Compton Entertainment for the card club.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
