The Mashpee Wampanoag Tribe of Massachusetts has changed casino architects, a move that has increased its debt load, The Cape Cod Times reports.
Steelman Partners has taken over the $500 million First
Light Resort and Casino. The firm is being paid $900,000 per month, for a total of $14.5 million, tribal sources told the paper.
The tribe already paid more than $13 million to JCJ Architects for the original designs. "We're paying again for new designs and going deeper into debt," a source told the paper. "Why?"
The tribe is now $90 million in debt, sources told the paper. The casino has yet to receive final approval from the Bureau of Indian Affairs.
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Tribe switches architects for Taunton casino
(The Cape Cod Times 7/26)
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