Indian Gaming Business Deals
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Tribes across nation reach deals to restructure their gaming debt (12/09)

Tribes 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...

Mashantucket Tribe signs deal for exclusive ads to promote casino (12/08)

The 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...

Gaming firm that owes Elk Valley Rancheria declares bankruptcy (12/03)

The 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...

Soo Tribe went through hard times as commercial casino faltered (11/08)

The 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...

Seminole Tribe set to offer $367M in bonds for gaming projects (10/28)

The 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...

Harrah's Entertainment signs agreement to take on casino plan (10/26)

Harrah'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...

Shingle Springs Band loses bid to halt lawsuit over gaming deal (10/20)

It 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...

Shinnecock Nation still working with backers of recognition bid (10/18)

The 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...

7th Circuit hears Lac du Flambeau casino debt case this month (10/07)

The 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...

Column: Tribal Financial Advisors to aid gaming firm with deals (10/01)

"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...

Red Lake Nation partners with First Nations for Manitoba casino (10/01)

The 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...

First Nations in Manitoba to start construction on gaming facility (09/30)

The 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...

Cowlitz Tribe confident of Mohegan Tribe's backing for casino bid (09/23)

The 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...

Early notes on Mashpee Wampanoag casino mentioned Abramoff (09/03)

The 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...

La Jolla Band plans for new casino with new gaming partner (08/27)

The 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...

Deal of the Week: Eastern Cherokees bet on big casino expansion (08/25)

"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,...

Lac View Desert Band loses decision in Mexican gaming matter (08/12)

The 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...

Cowlitz Tribe still waiting on decision on land-into-trust application (07/30)

It'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...

Plans change for New York tribes in off-reservation casino quest (07/12)

The St. Regis Mohawk Tribe isn't the only one whose plans for an off-reservation casino in the Catskills have changed. The Mohawks cut ties Empire Resorts after failing to reach an agreement for a land...

Menominee Nation looks for change on off-reservation gaming (06/30)

The Menominee Nation of Wisconsin isn't covered by an off-reservation gaming memo from Interior Secretary Ken Salazar, an attorney for the tribe said. The tribe plans to build an off-reservation casino in Kenosha. The...

Cherokee Nation hasn't decided on future of shuttered track (06/21)

The Cherokee Nation of Oklahoma hasn't decided what to do with a shuttered racetrack it purchased last year. The tribe bought the 100-acre Blue Ribbon Downs for $2.5 million. The facility was owned by the...

Gun Lake Tribe negotiates big loan to complete casino work (06/17)

The Match-E-Be-Nash- She-Wish Band of Pottawatomi Indians of Michigan, also known as the Gun Lake Tribe, is negotiating a $160 million loan to complete work on its casino, The Detroit News reports. The tribe has...

North Fork Rancheria casino land set for bankruptcy auction (06/16)

The site where the North Fork Rancheria of Mono Indians of California wants to build a casino is up for auction as part of a bankruptcy case. The tribe entered into a contract with...

Isleta Pueblo officially reopens casino as Hard Rock facility (06/14)

Isleta Pueblo in New Mexico officially rebranded its casino as the Hard Rock Hotel and Casino on Friday. The tribe spent $100 million to upgrade the facility. There's the signature oversized guitar out front, a...

First Nation still hoping Seminole Tribe on board with casino (06/11)

It looks like the Seminole Tribe of Florida may not be involved in a casino deal with a group of First Nations in Saskatchewan. In March, Beardy's and Okemasis First Nation Chief Rick Gamble said...

Crow Tribe to use $3M Shakopee loan to build a new casino (06/01)

The Crow Tribe of Montana agreed to the terms of a $3 million that will be used for a new casino. The tribe previously accepted a $2.5 million loan from the Shakopee Mdewakanton Sioux...

City approves sale of land for Mashpee Wampanoag casino (05/27)

The Mashpee Wampanoag Tribe will buy 300 acres from Fall River, Massachusetts, for $21 million under a deal approved by a city agency. The tribe plans to use the land for a resort. The facility...

Briefs due in appeal of Lac du Flambeau gaming bond case (05/26)

The 7th Circuit Court of Appeals is due to accept briefs in the gaming bond case involving the Lac du Flambeau Band of Lake Superior Chippewa Indians of Wisconsin. On behalf of bondholders, Wells Fargo...

Pojoaque Pueblo reports yearly net gain in casino winnings (05/24)

The economy continues to impact Pojoaque Pueblo in New Mexico but the tribe's gaming revenues appear to be improving. The tribe's net win from its two casinos was $12.2 million in the first quarter of...

Cloverdale Rancheria insists casino on track amid land issue (05/21)

The Cloverdale Rancheria of Pomo Indians says it is still working with Sealaska on a casino project even though the Alaska Native corporation has defaulted on a land deal. A Sealaska subsidiary agreed to...

Pojoaque Pueblo misses 3rd payment on $245M casino bond (05/19)

Pojoaque Pueblo in New Mexico has missed a third payment on the $245 million bond used to finance the Buffalo Thunder Resort and Casino. The tribe has failed to make $33 million in payments since...

Lac du Flambeau deal was unique in tribal gaming industry (05/12)

A gaming debt case involving the Lac du Flambeau Band of Lake Superior Chippewa Indians of Wisconsin probably won't have a big e impact on the tribal casino industry, experts say. The tribe used...

Oneida Nation details arrangement for casino alcohol sales (05/11)

The Oneida Nation of New York offered details about a business deal that will bring liquor to the Turning Stone Resort and Casino. The tribe will lease all of the restaurant, hotel, entertainment and gaming...

Bank appeals decision over Lac du Flambeau gaming debt (05/03)

Wells Fargo Bank has filed a notice of appeal in the gaming debt case involving the Lac du Flambeau Band of Lake Superior Chippewa Indians of Wisconsin. The bank issued a $50 million bond to...

Station Casinos to accept bids on tribal gaming projects (04/21)

As part of its bankruptcy plan, Station Casinos will entertain bids on its tribal gaming projects. Station Casinos has entered into gaming management contracts with the Federated Indians of Graton Rancheria of California, also known...

Permit could lead to liquor sales at Oneida Nation casino (04/14)

The Oneida Nation of New York has formed a partnership with a restaurant to serve and sell liquor at the Turning Stone Resort and Casino. The tribe entered into an agreement with CD Food &...

Mashantucket Tribe weighs options after casino deal fails (04/13)

An attorney for the Foxwoods Casino Philadelphia in Pennsylvania said the Mashantucket Pequot Tribal Nation of Connecticut and other investors were taken advantage of by gaming mogul Steve Wynn. The tribe and its partners began...

Flandreau Santee Sioux Tribe eyes off-reservation casino (04/12)

The Flandreau Santee Sioux Tribe and a group of investors are proposing an off-reservation casino near Sioux Falls, South Dakota. The group hopes to counteract a proposed casino just across the border in Iowa. But...

Gaming mogul drops bid to take over Pequot casino project (04/09)

Gaming mogul Steve Wynn suddenly withdrew his bid to take over the proposed Foxwoods Casino Philadelphia in Pennsylvania on Thursday. Wynn sought majority control of the project from the Mashantucket Pequot Tribal Nation of Connecticut...

Shingle Springs Band to assert immunity over failed casino (04/06)

The Shingle Springs Band of Miwok Indians will continue to assert sovereign immunity in a lawsuit over a failed casino deal, Chairman Nicholas Fonseca told The Sacramento Bee in a statement. The tribe is being...

Shingle Springs Band battles suit by former gaming partner (04/05)

The Shingle Springs Band of Miwok Indians will have to go to court to defend itself against a lawsuit by a former gaming partner. The tribe claimed sovereign immunity from the lawsuit by Sharp Image...

Potential Shinnecock gaming sites far from reservation (03/19)

As the Shinnecock Nation of New York heads towards federal recognition, the tribe is looking for potential sites for a casino. The tribe has expressed interest in the Aqueduct Racetrack and Belmont Park Raceway. But...

Seminole Tribe confirms agreement with First Nations (03/09)

The 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...

Narragansett Tribe sued by gaming company for $10M (03/08)

The 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...

First Nations in Saskatchewan plan Hard Rock complex (03/05)

A 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...

Steve Wynn describes vision for casino in Pennsylvania (03/04)

Gaming 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...

Maine tribes to ask state voters to approve casino plan (02/26)

The 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...

Gaming mogul Steve Wynn drops hotel from casino bid (02/26)

Gaming 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...

Steve Wynn to manage Mashantucket casino project (02/24)

Gaming 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...

Alaska Native backed casino in Las Vegas to shutter (02/17)

Casino 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...

Nottawaseppi Huron Band pays off $5M gaming loan (02/17)

The 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...

Quapaw Tribe sees upgrade in credit rating at casino (02/17)

The 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...

Critic of Seneca gaming reaps benefits from casinos (02/15)

Susan 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...

Mashpee Wampanoag Tribe cutting casino backers (02/10)

The 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...

Lac du Flambeau casino in Mississippi due for auction (01/22)

Lac 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...

Red Lake Nation to hold grand opening for new casino (01/21)

The 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...

Seneca gaming corporation extends $50M line of credit (01/21)

The 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...

Auburn Community to take over management of casino (01/20)

The 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...

Lac du Flambeau Band getting less money out of casino (01/15)

The 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...

Scotts Valley Band seeks new off-reservation investors (01/15)

In 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...

Lac du Flambeau casino debt case could set precedent (01/13)

A 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...

Mashantucket Tribe still in Pennsylvania casino project (01/12)

The 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...

Lac du Flambeau Band wins ruling in casino bond case (01/11)

A 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...
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