Horry County will receive back taxes from casino boat
Wed, 13 Aug 2014 03:50:14 GMT —
Horry County council has approved Big 'M' Gaming to take over Suncruz casino boat operations in Little River.
The council also announced at Tuesday's meeting it will receive the back taxes owed from Suncruz.
Suncruz paid its taxes to the county through a $7 charge per passenger.
The county sued Suncruz about two years ago for the money.
Council says Suncruz will pay $484,272 in back taxes.
"We are very fortunate to be able to do that on this bankruptcy. So we feel real good about retrieving the tax money," said Harold Worley, Horry County council member.
Worley says Suncruz shut down last month because it was broke.
Horry County council says its pleased to see Big 'M' Gaming take over the operations Suncruz has left behind.
"There is a new vendor coming in. He is the operator of the Big 'M'," said Worley. "He has never missed payments on paying the county the 7 dollar fee. That way we will feel very good we will get our money."
Worley says the county's lawsuit against Suncruz is scheduled to close Thursday.
He says the county should receive the money its owed right away.
He added that with penalties and fees, Suncruz has racked up about $700,000 in debt to the county.
But he says the $484,272 is very close to the amount of tax payer dollars the county is owed.