The Snoqualmie Tribe of Washington will break ground on its casino on February 26 in anticipation of a November 1 opening.
The tribe just finalized a $330 million financing deal for the 165,000-square foot casino. Most of the money will be used to pay off a loan to the tribe's former partners, who backed out of the project. About $100 million will be used for construction.
Last October, the tribe paid $50.8 million for the 56-acre site that will be used for the casino. The land was taken into trust under the newly recognized tribes exception in Section 20 of the Indian Gaming Regulatory Act.
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Casino Snoqualmie to break ground
(The Seattle Times 1/30)
Land Acquisitions | Openings and Closings
Snoqualmie Tribe to break ground on casino
Tuesday, January 30, 2007
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