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Business Deals | California | Litigation
Shingle Springs Band in state court with old casino partner


The Shingle Springs Band of Miwok Indians of California could owe millions of dollars to its former gaming partner.

The tribe and Sharp Image opened a facility in 1996 but it closed a year later. The tribe subsequently with Lakes Entertainment to open the $200 million Red Hawk Casino.

The casino has performed far worse than expected. Chairman Nick Fonseca confirmed that the tribe is getting $6 million a year in profits, the bare minimum under its deal with Lakes.

"I think it's strictly the economy," Fonseca told The Sacramento Bee. "This is a new reality, and tribes are going to have to adjust to it."

Sharp Image, however, says it is still owed money under the old contract. The company is claiming the tribe should pay $100 million.

Get the Story:
Red Hawk Casino's fortunes have disappointed so far (The Sacramento Bee 12/11)

Related Stories:
Shingle Springs Band failing to see mininum profit at casino (5/12)
Lakes Entertainment takes a big hit on Shingle Springs casino (3/31)
Judge sets trial in August in Shingle Springs Band gaming case (2/16)
State judge orders trial for failed Shingle Springs Band casino (2/15)