Business Deals
Arizona tribe extends loan to build Oregon casino


The Yavapai Apache Nation of Arizona is helping an Oregon tribe obtain a bank loan to build a casino.

The Confederated Tribes of the Coos, Lower Umpqua and Siuslaw Indians plans to open the casino in Florence sometime this summer. The tribe survived a series of legal challenges from the state and local residents.

Loan terms were not disclosed but are believed to be lower than market rate.

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Arizona tribe's loan helps build coast casino (AP 4/29)
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