A Greenville businessman and casino developer is proposing a $1 billion resort and casino in the Santee area.
He will need the state General Assembly’s support to make it happen as the state lottery, bingo and off-shore casino boats are the only forms of gambling allowed in the state.
“We strongly believe that this investment should be driven by private enterprise, not taxpayer dollars, ensuring no financial risk to the public sector,” Wallace Cheves of the Santee Development Corporation said in a prepared statement Thursday night.
“That’s why we are fully committed to not seeking a single dime of local or state funding — whether through incentives, infrastructure, or other subsidies — if the General Assembly passes the necessary legislation and local support is secured for this carefully planned single-casino initiative,” he said.
