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US judge revives class-action claim in Wynn Resorts lawsuit
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Station Casinos to Revive Long-Stalled Durango Casino Project
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May 12, 2021, 9:13 am ·
After nearly two decades of legal battles, construction on a tribal casino complex adjacent to Highway 99 just north of the California City of Madera is set to kick off soon.
Las Vegas casino and hospitality company Red Rock Resorts confirmed earlier this month that it expects to break ground on the planned gambling venue by the end of June.
It was in May again when the casino operator announced the
sale of its Palms Casino Resort in Las Vegas to California-based San Manuel Band of Mission Indians for $650 million.
Red Rock teamed up with the
North Fork Rancheria of Mono Indians of California in 2016. Under the terms of their partnership, the Nevada company would build and manage the North Fork tribal casino in exchange for a 40% management fee on the property’s future net income.
In the western American state of California and the North Fork Rancheria of Mono Indians has reportedly announced that it expects to break ground on its new tribal casino resort before the end of next month.
According to a Thursday report from the online news domain at GVWire.com, the revelation from the federally-recognized tribe comes some eight months after the California State Supreme Court threw out an action from the United Auburn Indian Community of the Auburn Rancheria that had sought to scupper the plan for the new Madera County casino resort. The source detailed that this second tribe is responsible for the state’s Thunder Valley Casino Resort and had been seeking a judgement that would have invalidated its rival’s 2012 gaming compact.
Red Rock sees losses widen after Covid-19 hit in 2020
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