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MONDAY, FEBRUARY 3, 2003

A small Indian allotment in Oklahoma City, Oklahoma, was recently leased for $72,000 a year by the Seminole Nation. But the surrounding land has gone for a total of $5.6 million, The Daily Oklahoman reports.

The allotment, owned by the heirs of a Choctaw Nation man, is being used by the Seminole tribe for a smokeshop. The tribe is looking to develop a casino as well but the National Indian Gaming Commission is questioning the plans.

The Kouretas family, based in Las Vegas, confirmed that it has paid more than $5 million for the surrounding plots. A lobbyist for the tribe helped broker some of the sales.

The land is about 150 feet by 50 feet. It is a restricted allotment owned by about 30 individual Indian beneficiaries.

Get the Story:
Las Vegas family pays $5.6 million for land around possible gaming site (The Daily Oklahoman 2/2)
Some residents await better offer for property (The Daily Oklahoman 2/2)

Related Stories:
Okla. Indian property subject of battles (09/16)
BIA taking bids for Indian land (9/12)
BIA and Okla. tribe accused of interference (8/29)