The Tule River Tribe of California settled a lawsuit over the failed takeover of a card club.
The tribe paid $800,000 to James Podergois and David Gonzales to buy the license of The Mint.
But the state refused to grant the transfer, prompting a dispute in which the tribe accused the card club owners of negotiating in bad faith.
To settle the lawsuit, Podergois and Gonzales transferred the deed of trust to one of their businesses to the tribe. The two men will have five years to pay $425,000 to the tribe, money that will most likely be raised by selling the business.
Get the Story:
Card room license suit settled
(The Porterville Recorder 2/26)
California | Litigation
Tule River Tribe settles lawsuit over card room license
Friday, February 26, 2010
Stay Connected
Contact Us
indianz@indianz.com202 630 8439 (THEZ)
Search
Top Indian Gaming Stories
Trending in Gaming
1 Catawba Nation continues work on controversial casino in North Carolina
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B
More Stories
• Bill affects Tohono O'odham off-reservation casino bid• Morongo Chair: Internet poker doesn't violate compact
Indian Gaming Archive