Pokagon Band Potawatomi Buys Out Gaming Management Co. (Lakes Entertainment)

Here is Pokagon’s press release.

And here is Lakes‘.

Possible Side-Effect of Carcieri? More Non-Indian Gaming (in Ohio)?

From the Columbus Dispatch:

Ohio’s four largest cities each would get a casino and local governments and schools would share most of a projected $600 million a year in tax revenue, gambling proponents said today in introducing the third casino proposal aimed at the statewide ballot in four years.

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“This proposal was carefully crafted to reflect what Ohioans want in a gaming proposal,” said Eric Schippers, spokesman for Penn National Gaming Inc., which switched sides to sponsor this year’s issue. “We’re going to build a broad-based coalition to support this proposal.”

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Penn National has armed itself with a February U.S. Supreme Court decision that forbids Indian tribes from placing land in trust — often a prelude to building a casino — if the tribes received federal recognition after 1934. There currently are no federally recognized tribes in Ohio, but casino opponents last year said a commercial casino could open the floodgates to Indian casinos in the state.

Lakes Entertainment Quarterly Report

Lakes has a management contract with the Pokagon Band of Potawatomi Indians and some other tribal properties. It’s report is here.