The Shinnecock Nation of New York and two longtime partners are going into the casino business together.
Marian Ilitch and Mike Malik have already spent more than $1 million on the tribe since 2003, Crain's Detroit Business reported. The money financed the tribe's successful federal recognition bid.
Through Gateway Casino Resorts LLC and Gateway Funding Associates LLC, Ilitch and Malik now plan to develop as many as three casinos for the tribe. The investment could top $1 billion, Crain's reported.
The tribe's federal recognition became final this month.
Get the Story:
Ilitch teams with tribe on N.Y. casinos: Long Island plans could top $1 billion
(Crain's Detroit Business 10/18)
Related Stories:
Shinnecock Nation says community not
interested in casino bid (10/8)
Shinnecock Nation
pitches gaming as a boost to area's economy (9/30)
Shinnecock Nation outlines plans for up to
three gaming facilities (9/29)
Advertisement
Tags
Search
More Headlines
Catawba Nation continues work on controversial casino in North Carolina
Gaming initiatives backed by tribal corporation faces uncertain future
Chuck Hoskin: Renewed gaming compacts ensure a brighter future for Oklahoma
Republican governor suffers another setback in dealings with tribes in Oklahoma
Cronkite News: Gila River hotels, casinos close for two weeks after worker death
Cronkite News: Curfew curtailing casinos? Don’t bet on it, owners say
'We are thrilled': Flandreau Santee Sioux Tribe hails victory for sovereignty
Tribes sue Trump administration after being excluded from coronavirus relief program
Donovan White: Standing up for Native Americans and Native American jobs
'Finally': Tribal gaming in line for coronavirus relief amid stiff competition for resources
Oregon tribes’ primary engines – casinos – stalled by COVID-19
Gaming initiatives backed by tribal corporation faces uncertain future
Chuck Hoskin: Renewed gaming compacts ensure a brighter future for Oklahoma
Republican governor suffers another setback in dealings with tribes in Oklahoma
Cronkite News: Gila River hotels, casinos close for two weeks after worker death
Cronkite News: Curfew curtailing casinos? Don’t bet on it, owners say
'We are thrilled': Flandreau Santee Sioux Tribe hails victory for sovereignty
Tribes sue Trump administration after being excluded from coronavirus relief program
Donovan White: Standing up for Native Americans and Native American jobs
'Finally': Tribal gaming in line for coronavirus relief amid stiff competition for resources
Oregon tribes’ primary engines – casinos – stalled by COVID-19
Indian Gaming Archive