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April 13, 2005

Snoqualmie Tribe's casino partners in bankruptcy

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Officials with the Snoqualmie Tribe of Washington may have to find new partners for their proposed casino.

The tribe's investors, MGU and MGU Development, filed for bankruptcy in Arizona. Two businessmen are disputing who owns which company, The Seattle Times reported.

MGU and MGU Development signed contracts to manage a $70 million casino in the Snoqualmie Valley. The tribe is seeking approval to have 55 acres designated as an initial reservation.

Get the Story:
Feud imperils Snoqualmie Tribe's plans for casino (The Seattle Times 4/13)

 
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