While Station Casinos plans to file for bankruptcy in March, a joint venture of the casino company plans to seek financing and break ground within weeks on a USD 200 million American Indian casino in Michigan. Station Casinos spokeswoman Lori Nelson said its tribal gaming contracts wouldn't be affected by the restructuring because contracts are held separately from the casino company's financing structure.
The Mohegan Tribal Gaming Authority will open an office in Palmer, Mass. The idea isn’t to promote Mohegan Sun in Connecticut, but to prepare for the potential expansion of the brand to Palmer should the commonwealth legalize gambling. The tribal authority already has a lease on a 150-plus acre site. The office opening comes at an uncertain time in the gaming industry.
The California Gambling Control Commission is retreating from an aggressive directive demanding that Indian tribes give state inspectors "prompt access" to tribal casinos and financial records. In October, after nearly two years of arguing over who is minding the store in California's USD 8 billion tribal gambling industry, the state commission voted to assert its oversight authority over Indian casinos.
The operator of the Seminole Tribe’s Hard Rock hotels and casinos told a House committee Monday that the state can immediately use USD 288 million and will soon have another 45,000 jobs if the gambling agreement Gov. Charlie Crist signed with the tribe stays in place. James Allen, the Seminole Gaming CEO and chairman of Seminole Hard Rock International, told a House committee on Monday...
Sacramento – Blaming a punishing economy, the Sycuan band of El Cajon on Thursday walked away from a multibillion-dollar gambling agreement that it had pursued for years and spent USD 6 million to defend. The deal authorized an expansion from 2,000 slots the tribe now operates to as many as 5,000 machines plus an option for a second, off-reservation casino on newly acquired lands that include the former Singing Hills Country Club.
Tulsa, Oklahoma (AP) - The Cherokee Nation is planning to brand its expanded 19-story hotel and casino near Tulsa as the Hard Rock Casino Tulsa. Cherokee Nation Enterprises announced the license agreement with Hard Rock Hotel Holdings. The agreement still must be approved by the National Indian Gaming Commission. As part of the Hard Rock brand, the new resort will include the traditional Hard Rock decor, memorabilia and merchandise...
Lincoln, California - A Placer County tribe says the declining economy has forced it to stop construction on a hotel that was planned to complement its casino. Doug Elmets, a spokesman for Thunder Valley Casino, says the United Auburn Indian Community will likely downsize the project when it is re-evaluated in three to six months. Construction was halted with just five of the 22 stories built. The project was estimated to cost USD 1 billion.
The location of a casino proposed by the Fort Mojave Band of Indians has won approval from a number of federal, state and local government agencies as well as voters. The casino would house two restaurants, a 100,000-square-foot gaming floor and 1,500 slot machines near Needles, according to documents submitted to San Bernardino County. The proposed 300-acre site is four miles west of the city, just south of the 40 Freeway.
