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Indiana Logal Is* not Rosolvod; Liconsing To Start With the issues resolved, owners can now concentrate on site devel- opment and boat ordering — and many refocused their attention im- mediately. President Riverboat Casinos Inc.'s joint venture with Barden Communications Inc. filed a Phase I application with the State of Indi- ana Gaming Commission on Decem- ber 15, 1993 to operate a riverboat gaming facility in Gary, Ind. The joint venture was subse- quently recommended by the City of Gary to receive one of two riverboat licenses allocated to the city, and is one of four companies with applica- tions currently being considered by the State of Indiana Gaming Com- mission. President first announced its intention to establish, develop and operate the riverboat gaming operation on Lake Michigan on a four-deck, 300-ft. (91.4-m) vessel in September 1993. $ 110 Million Projo