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March 9, 2010Seminole Tribe confirms agreement with First NationsThe Seminole Tribe of Florida confirmed it signed a memorandum of understanding to develop a Hard Rock with a group of 10 First Nations in Saskatchewan. In a statement, the tribal council said it wasn't involved with the Independent...March 8, 2010Narragansett Tribe sued by gaming company for $10MThe Narragansett Tribe of Rhode Island is being sued by its former gaming partner. Capital Gaming International says the tribe owes $10 million when it started accepting a share of revenues from Twin River, a non-Indian gaming facility. The tribe...March 5, 2010First Nations in Saskatchewan plan Hard Rock complexA group of 10 First Nations in Saskatchewan say they will build a Hard Rock casino complex in downtown Regina if the province agrees to sell two casinos. The Independent First Nations of Saskatchewan are working with the Seminole Tribe...March 4, 2010Steve Wynn describes vision for casino in PennsylvaniaGaming mogul Steve Wynn said he will spend $600 million to build the Foxwoods Casino Philadelphia but the Pennsylvania Gaming Control Board said it will continue to fine the project until details are produced. Wynn wants to serve as lead...February 26, 2010Maine tribes to ask state voters to approve casino planThe Penobscot Nation and the Passamaquoddy Tribe (Indian Township | Pleasant Point) of Maine will once again ask state voters to approve a casino. In 2003, voters rejected the tribes' proposal but they approved a non-Indian gaming facility. The tribes...Gaming mogul Steve Wynn drops hotel from casino bidGaming mogul Steve Wynn says he's dropping plans for a hotel at the long-delayed Foxwoods Casino Philadelphia in Pennsylvania. Wynn agreed to be the lead manager for the Mashantucket Pequot Tribal Nation project. His involvement is subject to the approval...February 24, 2010Steve Wynn to manage Mashantucket casino projectGaming mogul Steve Wynn agreed to be the lead manager for the Mashantucket Pequot Tribal Nation gaming project in Pennsylvania. Wynn owns resorts in Las Vegas and Macau. The long-delayed Foxwoods Casino Philadelphia would be his first development on the...February 17, 2010Alaska Native backed casino in Las Vegas to shutterCasino Monte Lago, a Las Vegas, Nevada, resort that was originally owned by an Alaska Native regional corporation, will close its doors on March 14. Cook Inlet Region Inc opened the facility in 2003 but it quickly began to...Nottawaseppi Huron Band pays off $5M gaming loanThe Nottawaseppi Huron Band of Potawatomi Indians of Michigan has paid off a $5 million gaming loan. The tribe's FireKeepers Development Authority made the last payment to Gaming Entertainment Michigan (GEM) for costs related to the FireKeepers Casino. The facility...Quapaw Tribe sees upgrade in credit rating at casinoThe Quapaw Tribe of Oklahoma reported an upgrade in the credit rating for the Downstream Casino Resort. Moody’s Investment Service upgraded the casino from negative to stable. A report cited a strong operating performance despite lower then anticipated revenues during...February 15, 2010Critic of Seneca gaming reaps benefits from casinosSusan P. Abrams, a member of the Seneca Nation of New York who criticized her tribe for going into gaming, now benefits from the business, The Buffalo News reports. Abrams has received contracts to place artwork at the tribe's...February 10, 2010Mashpee Wampanoag Tribe cutting casino backersThe Mashpee Wampanoag Tribe of Massachusetts is reportedly looking to end ties with some of its investors. A group called AtMashpee invested more than $25 million in the tribe and its federal recognition bid from 1999 to 2006, The Cape...January 22, 2010Lac du Flambeau casino in Mississippi due for auctionLac du Flambeau Band of Lake Superior Chippewa Indians of Wisconsin is officially out of the Mississippi casino game. The tribe invested $26 million on the Grand Soleil Casino Resort in Natchez. The casino never got off the ground and...January 21, 2010Red Lake Nation to hold grand opening for new casinoThe Match-E-Be-Nash-She-Wish Band of Potawatomi Indians, also known as the Gun Lake Tribe, is ahead of schedule with construction of a $157 million casino in Michigan. Work on the Gun Lake Casino began last fall. The tribe is financing...Seneca gaming corporation extends $50M line of creditThe Seneca Nation of New York has extended its credit agreement with KeyBank. Seneca Gaming Corporation will keep its $50 million revolving of credit until December 31, 2011. The terms remain the same as the ones that had been negotiated...January 20, 2010Auburn Community to take over management of casinoThe United Auburn Indian Community of California will take over management of the Thunder Valley Casino this summer. The tribe entered into a federally-approved management agreement with Station Casinos. The seven-year agreement expires in June. "The relationship has been...January 15, 2010Lac du Flambeau Band getting less money out of casinoThe Lac du Flambeau Band of Lake Superior Chippewa Indians of Wisconsin is seeing fewer revenues from the Lake of the Torches Resort Casino. According to court documents, the casino provided $17 million to $18 million year to the tribe's...Scotts Valley Band seeks new off-reservation investorsIn a settlement with the National Indian Gaming Commission, the Scotts Valley Band of Pomo Indians agreed to look for new investors for an off-reservation casino in California. The tribe entered into a management contract with a Florida-based company called...January 13, 2010Lac du Flambeau casino debt case could set precedentA casino debt case involving the Lac du Flambeau Band of Lake Superior Chippewa Indians of Wisconsin could have an impact throughout Indian Country. The tribe defaulted on a $50 million bond agreement. Other tribes have used bonds to finance...January 12, 2010Mashantucket Tribe still in Pennsylvania casino projectThe Mashantucket Pequot Tribal Nation of Connecticut is moving forward with plans for a casino in Pennsylvania but is open to other partners, an executive said. The tribe put money into Foxwoods Philadelphia in anticipation of managing the facility. But...January 11, 2010Lac du Flambeau Band wins ruling in casino bond caseA federal judge has dismissed a lawsuit that Wells Fargo Bank filed after the Lac du Flambeau Band of Lake Superior Chippewa Indians defaulted on a $50 million bond. Judge Rudolph T. Randa said the agreement between the tribe and...December 18, 2009Former Congressman pushes 'tribal' casino in OhioFormer Congressman James A. Traficant Jr. (D), who just got out of federal prison after serving seven years on bribery and racketeering charges, is backing a "tribal" casino somewhere in Ohio. Traficant started a new business and is working with...December 17, 2009Extension to Menominee casino deal gains supportLeaders in the city of Kenosha, Wisconsin, are moving to renew an off-reservation casino deal with the Menominee Nation. The tribe wants to convert the Dairyland Greyhound Park into a $1 billion casino. The Bush administration rejected the project earlier...Shinnecock Nation financed by casino developersThe developers of a commercial casino in Michigan are backing the Shinnecock Nation of New York. Marian Ilitch and Michael Malik helped pay for the tribe's successful federal recognition bid. Now they stand to gain more if they win approval...December 11, 2009Cherokee Nation purchases shuttered horse trackThe Cherokee Nation of Oklahoma purchased a race track that had been closed by the Choctaw Nation. The Cherokees originally wanted to buy the Blue Ribbon Downs. The Choctaws ended up getting the track and bragged at having outsmarted...December 7, 2009Lac du Flambeau casino project avoids foreclosureA casino project that's being backed by the Lac du Flambeau Band of Lake Superior Chippewa Indians of Wisconsin avoided foreclosure for the third time, The Milwaukee Journal Sentinel reported. The tribe owns a 28.5 percent stake in Grand Soleil...December 3, 2009Mashpee Wampanoag Tribe expects cash for casinoA Malaysian company will finance a $1 billion casino for the Mashpee Wampanoag Tribe of Massachusetts with cash, Chairman Cedric Cromwell said. The tribe considered several partners but chose Kien Huat Realty, a subsidiary of Genting Group, partly due to...December 2, 2009Mashantucket Tribe getting out of Philadelphia casinoThe Mashantucket Pequot Tribal Nation of Connecticut is apparently dropping out of a casino project in Philadelphia, Pennsylvania. The tribe has been a partner in Foxwoods Casino Philadelphia but the project has been stalled for several years. Now an attorney...Prior investors own Mashpee Wampanoag gaming siteThe site where the Mashpee Wampanoag Tribe of Massachusetts wants to build a casino is apparently owned by gaming moguls Len Wolman and Sol Kerzner, The New London Day reports. The tribe filed a land-into-trust application for 539 acres in...December 1, 2009Mashpee Wampanoag Tribe gets loan from gaming firmThe Mashpee Wampanoag Tribe of Massachusetts has accepted a $1.5 million loan from its new gaming partner but Chairman Cedric Cromwell said the money won't have be repaid if a casino never becomes reality. The tribe was already given $4... |
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