Red Lake Nation to hold grand opening for new casino

Red Lake Nation to hold grand opening for new casino (January 21, 2010)

The Match-E-Be-Nash-She-Wish Band of Potawatomi Indians, also known as the Gun Lake Tribe, is ahead of schedule with construction of a $157 million casino in Michigan. Work on the Gun Lake Casino began last fall. The tribe is financing...

Seneca gaming corporation extends $50M line of credit

Seneca gaming corporation extends $50M line of credit (January 21, 2010)

The Seneca Nation of New York has extended its credit agreement with KeyBank. Seneca Gaming Corporation will keep its $50 million revolving of credit until December 31, 2011. The terms remain the same as the ones that had been negotiated...

Red Lake Nation to hold grand opening for new casino

Red Lake Nation to hold grand opening for new casino (January 21, 2010)

The Red Lake Nation of Minnesota is holding a grand opening on Friday to christen its new casino. The tribe spent $21 million on the Seven Clans Casino, Hotel and Conference Center. The 70,000 square-foot facility had a soft...

Mashantucket Tribe secures extension on casino debt

Mashantucket Tribe secures extension on casino debt (January 21, 2010)

The Mashantucket Pequot Tribal Nation of Connecticut reached an agreement to extend negotiations with its lenders over $2 billion in gaming-related debt. A forbearance agreement was due to expire yesterday. The new deadline is April 30, giving the tribe more...

McCain joins opposition to  off-reservation casino bid

McCain joins opposition to off-reservation casino bid (January 21, 2010)

Sen. John McCain (R-Arizona), a member of the Senate Indian Affairs Committee, said he opposes the off-reservation casino sought by the Tohono O'odham Nation of Arizona. McCain told The Arizona Republic in an e-mail that he "cannot support the proposed...