The Eastern Band of Cherokee
Indians isn't affected by the bankruptcy filing of Caesars Entertainment, Chief Michell Hicks said.
The tribe owns Harrah's Cherokee Casino
Resort in North Carolina. The facility is managed by a unit of Caesars, formerly known as Harrah's Entertainment, but it won't be impacted by the restructuring of the firm.
“Harrah’s Cherokee Casino Resort is not owned by Caesars Entertainment or its subsidiary CEOC, and is not part of the filing," Chief Michell Hicks told The Cherokee One Feather. "The Harrah’s Cherokee Casino resort property will continue to be operated as normal.”
Hicks also said the filing won't affect the Harrah’s Cherokee Valley River Casino. The new facility is due to open this fall.
"We are confident that our current gaming operation and our planned expansion to the Murphy, NC property will be successful not only for our tribe but for the entire region of western North Carolina," Hicks said.
Caesars also manages the Harrah’s Resort Southern California, owned by the Rincon Band of Luiseño Indians, and
Harrah’s Ak-Chin Casino, owned by the Ak-Chin Indian Community of Arizona, but those facilities will continue operating.
Get the Story:
Harrah’s Cherokee Casino Resort unaffected by Caesars Chapter 11 filing
(The Cherokee One Feather 1/15)
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