The La Jolla Band of Luise�o Indians will expand its small casino under a $25 million deal with a Texas company.
The tribe and Nevada Gold & Casinos entered into a management partnership. The company will run the new casino for a 23 percent of pretax net revenues over five years, and a 2 percent development fee on the project cost.
The casino will go from 30 slot machines to 349 machines. The tribe will add a 75-room hotel. The expansion will be complete in mid-to-late 2005.
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Tiniest casino makes hotel deal; 30 slots will go to 349
(The San Diego Union-Tribune 8/12)
California
California tribe plans expansion of small casino
Thursday, August 12, 2004 More from this date
California tribe plans expansion of small casino
Thursday, August 12, 2004 More from this date
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