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March 31, 2011Lakes Entertainment takes a big hit on Shingle Springs casinoLakes Entertainment Inc. is taking a big hit on the casino it manages for the Shingle Springs Band of Miwok Indians of California. The $530 million Red Hawk Casino opened in December 2008. But the facility has been doing so...March 25, 2011Nebraska court rules Omaha Tribe can be sued for casino workThe Omaha Tribe can be sued for allegedly breaking contracts for work at its casino, the Nebraska Supreme Court ruled today. The tribe entered into 11 contracts with StoreVisions in 2008. The tribe's chairman and vice chairman reportedly signed a...Investor sues Seneca Nation and gaming firm for failed casinoAn investor is suing the Seneca Nation and a gaming firm over a failed off-reservation casino in New York. The tribe and Rotate Black Gaming partnered to open a casino in the Catskills region near New York City. The deal...March 10, 2011Rosebud Sioux Tribe plans casino renovation with Shakopee loanThe Rosebud Sioux Tribe of South Dakota is planning to spend $5.8 million to remodel its casino. The tribe will redo the gaming floor, kitchen, bar, restaurant area and exterior entrance at the Rosebud Casino, Hotel, and Fuel Plaza. Plans...March 4, 2011Law Article: Corporate bankruptcy and tribal gaming operations"Tribal economies are not immune to the recent global financial crisis and economic downturn. The Indian gaming industry was hit especially hard. After consistent year-over-year growth in tribal gaming revenues during the 1990s and continuing through 2008, industry revenues declined...March 1, 2011Narragansett Tribe wants to ask governor about new casino bidThe Narragansett Tribe will meet with Rhode Island Gov. Lincoln Chafee (I) on Wednesday to discuss a new plan for gaming in the state. The tribe wants to buy the Twin River Casino, a slot machine facility, and convert it...February 18, 2011Gaming firm fights lawsuit on Big Sandy Rancheria agreementA Nevada gaming firm is disputing allegations in a lawsuit filed by the Big Sandy Rancheria of Western Mono Indians in California. The lawsuit claims Brownstone LLC has refused to comply with licensing requirements of the Indian Gaming Regulatory Act....February 16, 2011Judge sets trial in August in Shingle Springs Band gaming caseA judge in California says the Shingle Springs Band of Miwok Indians must go to trial in August in a gaming case. Judge Patrick Riley rejected the tribe's motion to dismiss the case. The trial is due to start August...February 1, 2011Coushatta Tribe signs deal over Isreali skin care products at casinoThe Coushatta Tribe of Louisiana will sell skin care products from an Israeli company at its casino. The tribe hopes the deal with Aya Natural will generate additional revenues. The tribe recently broke ground on a $60 million expansion of...January 14, 2011Mashantucket Tribe spent over $34M on Pennsylvania casino bidThe Mashantucket Pequot Tribal Nation of Connecticut spent over $34 million on a failed casino in Pennsylvania, The New London Day reports. The Foxwoods Casino Philadelphia was a partnership between the tribe and other developers. But after numerous delays, the...January 11, 2011Chickasaw Nation marks one since takeover of commercial trackThe Chickasaw Nation of Oklahoma says its first year in the commercial racing industry has been a success. Global Gaming RP, a tribal subsidiary, took over Remington Park in Oklahoma City on January 2, 2010. The tribe quickly made upgrades...January 6, 2011Snoqualmie Tribe benefits from upgrades in casino bond ratingsThe Snoqualmie Tribe of Washington has weathered some tough times since opening a $375 million casino in November 2008 but it looks like business is improving Moody’s Investor Service and Standard & Poor’s have both upgraded the tribe's bond...December 9, 2010Tribes across nation reach deals to restructure their gaming debtTribes across the nation are successfully negotiating deals on their gaming debt, The Wall Street Journal reports. Pojoaque Pueblo in New Mexico, the Mescalero Apache Nation of New Mexico and the Little Traverse Bay Bands of Odawa Indians in Michigan...December 8, 2010Mashantucket Tribe signs deal for exclusive ads to promote casinoThe Mashantucket Pequot Tribal Nation of Connecticut signed a deal to serve as the exclusive advertiser during the final five minutes of basketball and hockey games at Madison Square Garden in New York City. The five-year deal is worth...December 3, 2010Gaming firm that owes Elk Valley Rancheria declares bankruptcyThe Elk Valley Rancheria of California is trying to collect at least $480,000 from a gaming firm that just declared bankruptcy. The tribe loaned the money to Ellis Las Vegas Inc. in 2008. Owner R. Shawn Ellis never repaid the...November 8, 2010Soo Tribe went through hard times as commercial casino falteredThe Sault Ste. Marie Tribe of Chippewa Indians is trying to pick up the pieces after losing the Greektown Casino in Detroit, Michigan, through bankruptcy proceedings. The tribe poured more money than expected into the commercial facility. So cuts were...October 28, 2010Seminole Tribe set to offer $367M in bonds for gaming projectsThe Seminole Tribe of Florida plans to offer $367.4 million in bonds to finance gaming projects. The tribe will offer $37.4 million in tax-exempt bonds and $330 million in taxable bonds. "The Tribe intends to use the net proceeds from...October 26, 2010Harrah's Entertainment signs agreement to take on casino planHarrah's Entertainment has signed an agreement to take over a casino project from the Mashantucket Pequot Tribal Nation of Connecticut. The tribe planned to finance the Foxwoods Casino Philadephia. But the project has faltered amid economic woes and other issues....October 20, 2010Shingle Springs Band loses bid to halt lawsuit over gaming dealIt looks like the Shingle Springs Band of Miwok Indians of California will face a lawsuit in state court over a deal with its former gaming partner. The tribe went to federal court in hopes of blocking a lawsuit filed...October 18, 2010Shinnecock Nation still working with backers of recognition bidThe Shinnecock Nation of New York and two longtime partners are going into the casino business together. Marian Ilitch and Mike Malik have already spent more than $1 million on the tribe since 2003, Crain's Detroit Business reported. The money...October 7, 20107th Circuit hears Lac du Flambeau casino debt case this monthThe 7th Circuit Court of Appeals will hold oral arguments in a closely-watched Indian gaming debt case on October 20. The Lac du Flambeau Band of Lake Superior Chippewa Indians of Wisconsin defaulted on a $50 million bond. A federal...October 1, 2010Column: Tribal Financial Advisors to aid gaming firm with deals"Cannery Casino Resorts has entered into a joint venture agreement with a Southern California firm that specializes in advising American Indian tribes. The goal of the relationship with Tribal Financial Advisors, Inc. is to pursue agreements with American Indian tribes...Red Lake Nation partners with First Nations for Manitoba casinoThe Red Lake Nation of Minnesota is helping the First Nations of Manitoba with a new casino. The Red Lake Gaming Enterprises will receive a management and developmental fee during the construction of the $41 million Spirit Sands Casino. Red...September 30, 2010First Nations in Manitoba to start construction on gaming facilityThe Assembly of Manitoba Chiefs is hosting a groundbreaking on a new First Nations casino that is reportedly being financed by a U.S. tribe. The $40 million Spirit Sands Casino will be owned by all First Nations in the province....September 23, 2010Cowlitz Tribe confident of Mohegan Tribe's backing for casino bidThe Cowlitz Tribe of Washington isn't worried about economic problems facing its gaming partner, the Mohegan Tribe of Connecticut. “They are still committed to our project,” Cowlitz spoksperson Phil Harju told The Columbian. “And we’re still waiting on the federal...September 3, 2010Early notes on Mashpee Wampanoag casino mentioned AbramoffThe Mashpee Wampanoag Tribe of Massachusetts has been through many ups and downs in its quest for a casino and The Falmouth Enterprise reminds everyone that jailed lobbyist Jack Abramoff played a role in the saga. The tribe's former chairman,...August 27, 2010La Jolla Band plans for new casino with new gaming partnerThe La Jolla Band of Mission Indians of California plans to build a casino on its reservation with a new partner. The tribe is working with Panther Partners of Florida. Plans call for a 480,000 square-foot casino and hotel. The...August 25, 2010Deal of the Week: Eastern Cherokees bet on big casino expansion"Lady Antebellum and Hank Williams Jr. will be the headliners on Labor Day weekend when Harrah's Cherokee Casino & Hotel in the Great Smoky Mountains of North Carolina opens a 3,000-seat event center. The owners, the Eastern Band of Cherokee...August 12, 2010Lac View Desert Band loses decision in Mexican gaming matterThe Lac Vieux Desert Band of Lake Superior Chippewa Indians of Michigan lost a ruling in a dispute over a gaming investment in Mexico. The tribe invested $6.5 million for a casino in Guadalupe, Mexico. The agreement called for disputes...July 30, 2010Cowlitz Tribe still waiting on decision on land-into-trust applicationIt's been over two years since the Bureau of Indian Affairs published a final environmental impact statement in favor of the proposed Cowlitz Tribe casino in Washington. The tribe filed its land-into-trust application shortly after gaining federal recognition in 2000.... |
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