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Thursday, 23 February 2012 17:39

Tribe reaches tentative buyout on Firekeepers Casino management contract

Written by  MiBiz Staff
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The Nottawaseppi Huron Band of the Potawatomi announced plans to buy out the management contract of the Las Vegas-based company that operates FireKeepers Casino in Battle Creek.
 
The Tribe said it reached a tentative buy-out agreement of the operating contract with Full House Resorts, Inc., which owns and operates gaming facilities in Nevada, Indiana, Michigan and New Mexico.  Under the proposed buyout, the NHBP Tribe will complete the $97.5 million buyout by May 1, 2012. The move would eliminate the remainder of the contract, which was schedule to run through August 2016.  
The announcement follows the recent topping off a resort-style hotel that is scheduled to open at the casino in fall 2012.  
 
The FireKeepers Hotel will add 242 rooms, a full-service restaurant seating, expanded guest parking, 24-hour fitness center a retail shop.  The resort also includes a "monster Bingo operation" that will double the casino's current Bingo operations and a 2,000-seat event center for meetings and concerts.  

 

Read 2254 times Last modified on Sunday, 12 August 2012 14:47

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