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riverwind casino wild card sign upChanos said the stock is actually expensive and should be trading at about half of what it goes for today.In our last note, we argued that retail investors’ appetite to buy the dip was waning.However, the approval process was delayed because of the IGC’s investigation into the parent company, Indianapolis-based Spectacle Entertainment.It was the only company to apply for the license, and it secured a partnership with Hard Rock to operate the casino.It was the only company to apply for the license, and it secured a partnership with Hard Rock to operate the casino.Gibson chose to appeal the commission’s decision, and that case is currently before the state Office of Administrative Law Proceedings.sam s town casino hotel