Business Deals
Gaming company using $50.3M for seven Okla. casinos

Multimedia Games is spending $50.3 million to build seven tribal casinos in Oklahoma.

The company won't say the tribes it is working with but The Daily Oklahoman reports they including the Chickasaw Nation, the Peoria Tribe and the Osage Nation. Multimedia is financing one facility each for the Chickasaw and Peoria tribes and two for the Osage tribe.

Multimedia has already financed at least one Chickasaw Nation casino. The tribe was required to dedicate 80 percent of floor space at WinStar, located along the Texas border, for the company's machines, plus a percentage of the revenue from those machines.

The company also helped the Kickapoo Tribe expand an existing casino.

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Company invests in state casinos (The Daily Oklahoman 3/7)
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