The company behind the casino for the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians of Michigan, plans to file for bankruptcy in March, The Las Vegas Review-Journal reports.
But Station Casinos says the filing won't affect plans for the project due to the way the company is structured. The tribe hopes to break ground in "several weeks," a spokesperson said.
In related news, Station is stepping in to manage the casino owned by the United Auburn Indian Community of California. The tribe fired three executives and placed chief executive officer on administrative leave and said it needed a new team as a result of the recession.
Get the Story:
Troubled Stations seeks tribal casino
(The Las Vegas Review-Journal 2/7)
Tribal casino boots execs, asks for assistance from Station Casinos (The Las Vegas Review-Journal 2/6)
Business Deals | California | Openings and Closings
Gun Lake casino backer plans to file for bankruptcy
Monday, February 9, 2009
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