"Chicago pol Morgan Murphy Jr. is rolling the dice one last time in his never-ending quest to score some big bucks by turning Kenosha into a casino town.
The former Illinois congressman's company, Nii-Jii Entertainment, is barely breathing and has almost nothing in the bank. But that won't stop this group from trying to collect on its failed attempt to open a casino at Kenosha's Dairyland Greyhound Park.
You see, while its bid went down in flames, Murphy & Co. salvaged one golden asset - a non-compete clause preventing the Menominee tribe from teaming up with anybody else to operate a Kenosha casino.
That could be a huge problem for the Menominee tribe in its latest effort to open an off-reservation casino. In January, the tribe hooked up with the Mohegan tribe, which runs a successful Connecticut casino, and local trucking magnate Dennis Troha, who is also a Nii-Jii shareholder.
Sources say Nii-Jii initially asked the Menominee for tens of millions of dollars to go away, though a negotiated payment in the $10 million neighborhood seems more realistic."
Get the Story:
Spivak & Bice: Trying to win big off failed casino project
(The Milwaukee Journal-Sentinel 10/1)
Opinion
Column: Non-compete clause promises big bucks
Friday, October 1, 2004 More from this date
Column: Non-compete clause promises big bucks
Friday, October 1, 2004 More from this date
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