Indian Gaming > Seminole Tribe called 'greedy' by gaming developer

July 17, 2006

Seminole Tribe called 'greedy' by gaming developer

The company that built two casinos for the Seminole Tribe of Florida is accusing the tribe of being too greedy.

Power Plant Entertainment blasted tribal leaders for trying to back out of an agreement to share revenues from the two Hard Rock casinos. "Apparently, $17.5 billion is not enough for the tribe, and its astonishing greed prompted it to file this lawsuit," a motion filed in federal court stated. "The court cannot permit the tribe to take advantage of its inequitable, unfair and deceitful conduct."

Power Plant says the tribe would not have been able to open the casinos without the company's help. The company wants the lawsuit, which the tribe filed in hopes of breaking the agreement, dismissed.

According to news reports, Power Plant and developer Paul L. Cordish stand to make $1 billion over 10 years.

Get the Story:
Seminole tribe's lawsuit born of greed, Hard Rock builder says (The South Florida Sun-Sentinel 7/15)
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Casino builder: Tribe is greedy (The Miami Herald 7/16)