Artist's rendering of proposed First Light Resort and Casino. Image from Mashpee Wampanoag Tribe
The Mashpee Wampanoag Tribe of Massachusetts has racked up $70 million in debt in pursuit of a casino, The Cape Cod Times reported. The tribe is seeing progress on its $500 million First Light Resort and Casino. But the effort costs money and the tribal council voted to borrow another $4 million, the paper said. Of the $4 million, $1 million will be used to pay off interest to Arkana Ltd., a gaming developer, the paper said. Get the Story:
Tribe's debt grows to $70M, members say (The Cape Cod Times 11/23)
Gambling foes ride wave of momentum (The Cape Cod Times 11/25) Federal Register Notice:
Draft Environmental Impact Statement for the Proposed Fee-to-Trust Transfer of Property and Subsequent Development of a Resort/Hotel and Tribal Government Facilities by the Mashpee Wampanoag Tribe (November 15, 2013) Related Stories:
Mashpee Wampanoag Tribe sees progress on casino land plan (11/21)
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