The chief executive of the Winnebago Tribe’s business arm says it intends to develop a casino at a former horse track in northeast Nebraska.

Lance Morgan of Ho-Chunk Inc. said that the casino would be located at Atokad Downs in South Sioux City, Neb. Ho-Chunk announced in May 2012 that it had bought the track property after the track was closed by the Nebraska Horsemen’s Benevolent and Protective Association.

Morgan says Ho-Chunk’s Atokad development would include a casino, an events center, several dining options and retail shops.

Ho-Chunk recently lost a bid to build a land-based casino to replace the floating Argosy casino in Sioux City, Iowa.

Morgan says the Atokad project faces several legal obstacles in Nebraska, which prohibits casino gambling.