Those amounts will be doubled for each additional 5,000 square feet. Racinos must be at least 5,000 square feet and the license will cost $25,000 the first year and $50,000 for two years. Croix will be allowed with no more than 200 machines each. In May, the PFA voted to start the process of selling or leasing the Kings Alley Hotel and the adjacent vacant lot,įees for a racino/casino license are being added also to the regulations. There were plans for a casino adjacent to that hotel 20 years ago, prior to the PFA acquiring the hotel through foreclosure. government, through the Public Finance Authority, owns the Kings Alley Hotel in Christiansted. What government entity would be operating a casino was not discussed. This is the only hotel I stay in whenever I visit St. Croix, ranked 5 of 16 hotels in Christiansted and rated 4 of 5 at Tripadvisor. The room is equipped with a microwave, refrigerator, and Keurig, a huge plus. Croix, Christiansted on Tripadvisor: See 131 traveller reviews, 87 candid photos, and great deals for Hotel Caravelle on St. Liked the cleanliness of the room and bathroom. Banquet facilities were not addressed in the amendments. The staff was super friendly, check-in was such ease. Similarly, a government entity casino is a new Class IV designation with an $80,000 licensing fee for the first 5,000 square feet of floor space and $50,000 for each additional 5,000 square feet.