Barricades have been placed at a property across from the Lucky Star Casino in Clinton, Oklahoma, to prevent patrons from using the land as a parking lot. Photo: Sky Land Real Estate Company
Business Deals | NIGC

Cheyenne and Arapaho Tribes see property once used as casino lot go up for sale



A property that was once used as a casino parking lot has gone up for sale but the Cheyenne and Arapaho Tribes can't buy it.

The six-acre parcel in Clinton, Oklahoma, is being sold for $450,000, The Oklahoman reported. The listing touts its location near a major interstate with "high traffic volume."

"Endless possibilities including hotel facility, quick shop, travel plaza, restaurant or special purpose," the Sky Land Real Estate Company listing reads.

What's not explicitly mentioned is the reason the property might draw crowds: it's across the road from the Lucky Star Casino. A two-acre portion was previously leased to the casino under a deal that the National Indian Gaming Commission said was unfair to the tribe.

"The rent for this two acre parking lot went from $500 per month to $25,000 per month plus 1% of casino revenues," a post on the tribal council's Facebook page read. Photos in the listing show the now-barricaded parking lot and the casino.

Over the course of 18 months, the casino forked over $1,257,342.44 for the parking lot, according to the post. The NIGC said that was far more than the land was worth under a settlement reached with the tribe in April.

But the settlement bars from the tribe from acquiring the land, the tribal council's Facebook post stated. So someone else could come in and benefit from its location.

The casino fired its chief executive officer and director of gaming operations as a result of the NIGC's investigation. The casino general manager also was fired.

Read More on the Story:
Oklahoma Vice: Casino parking lot at center of gaming scheme up for sale (The Oklahoman 7/31)

Related Stories:
Cheyenne and Arapaho Tribes lose access to parking lot at casino (June 5, 2017)
Cheyenne and Arapaho Tribes oust casino executives due to fraud (May 2, 2017)