Facebook Twitter Email
THURSDAY, JUNE 20, 2002

Three Oklahoma tribes challenging federal Indian gaming regulators have won the right to continue operating a controversial casino machine on a temporary basis.

A federal magistrate issued a temporary restraining order that was requested by the Choctaw, Chickasaw and Cherokee Nations. The order is in place until a full recommendation can be made to a federal judge, a move which could come as early as today.

The ruling was made over a casino machine manufactured by MultiMedia Games Inc. (NASDAQ:MGAM). Shares of the Texas company tanked in recent days as the dispute unfolded.

Yesterday, the stock was up $2.02 to $21.90, an 8 percent rebound. The ruling, made in the late afternoon, was not announced by the company.

Get the Story:
Disputed casino game to continue for now (The Daily Oklahoman 6/20)

Discussion on Multimedia:
Yahoo! Finance Message Board

Relevant Links:
Multimedia Games - http://www.multimediagames.com
National Indian Gaming Commission - http://www.nigc.gov

Related Stories:
Gaming company shares hold steady (6/19)
Casino company continues plunge (6/19)
Gaming company stock tanks (6/18)
Gaming shares sink on new rules (6/18)
Tribes defy federal casino order (6/17)
Objections to casino rules overruled (6/14)
Tribes seek limited federal role (6/13)
Tribe's land approvals questioned (6/11)
NIGC overturns gaming decision (6/6)
Authority of NIGC placed in doubt (5/10)
Authorities seize tribal records (5/7)
Tribes complain about gaming rules (4/29)
Disputed gaming policy advanced (3/22)
Gaming commission ignoring Norton order (1/28)
States object to proposed gaming policy (9/20)
NIGC takes a gamble on new regulations (7/26)