The Chickasaw Nation of Oklahoma offered the highest bid for a racetrack in Texas.
Global Gaming
Solutions, a tribal subsidiary, bid $27 million for the Lone Star Park. The purchase needs final approval from a federal bankruptcy judge.
If the deal goes through, the tribe needs approval from the Texas Racing Commission to operate the track. Texas law also requires majority ownership by in-state residents.
The tribe recently purchased Remington Park in Oklahoma for $80.25 million.
Get the Story:
Chickasaw subsidiary leading race for track
(The Oklahoman 10/8)
Business Deals
Chickasaw Nation leads bids for racetrack
Thursday, October 8, 2009
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