Michigan Tribe: No Casino Yet - 2004-03-22 The Grand Traverse Band of Ottawa and Chippewa Indians will take several years before building a casino at the Grand Traverse Resort & Spa, tribal officials said in revealing the purchase later this month of the multimillion-dollar Acme property.
Instead, the tribe will concentrate on improving the public areas of the resort and developing a joint marketing program for the resort and the tribe's nearby Turtle Creek Casino, tribal officials said. Read the full story at GamblingMagazine.com
Some lawmakers considering auction of gambling licenses - 2004-03-22 The sale of a casino license in Illinois for a half billion dollars has some state lawmakers considering the auctioning of gambling licenses if legislators legalize slot machines.
The Illinois Gaming Board on Monday handed the state's 10th casino license to Mississippi-based Isle of Capri Casinos Inc., which bid $518 million to construct a casino in northwest Chicago. The sale of the license stills needs approval from a bankruptcy court judge.
Until that sale, no state had publicly auctioned a full gambling license. Read the full story at Washington Observer Reporter