Tag Archives: Eastern Band of Cherokee Indians
US – Eastern Band of Cherokee Indians sets its sight on two commercial casinos in a new jurisdiction
The Tribal Council at the Eastern Band of Cherokee Indians, based in North Carolina, has approved plans to build two new out-of-state casinos. The ‘new business and investment opportunity’ has been called ‘Project Thoroughbred’ and will see the tribe invest $25m for a share of 44 per cent in commercial gaming opportunities. Cory Blankenship, EBCI Secretary of Finance…
US – Eastern Band of Cherokees celebrate Caesars Southern Indiana relaunch
EBCI Holdings held a ribbon-cutting ceremony to celebrate taking over the ownership of Caesars Southern Indiana North Carolina-based Eastern Band of Cherokee Indians. The 110,000-square-foot casino in Elizabeth is EBCI Holding’s first casino acquisition outside of North Carolina. The aim is to own ‘six to eight casinos over the next five years.’ Although there is…
US – Eastern Band of Cherokee Indians member protest against purchase of Caesars’ casino
A member of the Eastern Band of Cherokee Indians (EBCI) has launched a formal protest to its own EBCI Tribal Council regarding its decision to buy the Caesars Southern Indiana casino for $250m. The acquisition would see the Tribe’s first move into commercial gaming, with Robert Saunooke, an attorney and member of the Eastern Band…
US – Eastern Band of Cherokee Indians snap up Caesars Southern Indiana for $250m
Caesars Entertainment is to sell the operations of Caesars Southern Indiana to the Eastern Band of Cherokee Indians for $250m, subject to customary purchase price adjustments. The tribe will enter into a new lease with year one annual rent payments of $32.5m with VICI Properties, who maintains ownership of the real estate of the property….
US – Eastern Band of Cherokee Indians propose Bristol’s second casino
The Eastern Band of Cherokee Indians (EBCI) has struck a deal to build and operate a casino in Washington County, Virginia near The Pinnacle, making it the second casino planned for Bristol. The tribes chief Richard Sneed said: ““The location of the casino will be within the beloved ancestral home of the Eastern Band of…
US – Cherokee Indians break ground on Harrah’s casino
A US$110m project to build a new casino in Cherokee County, North Carolina, is officially underway following a groundbreaking ceremony for the new Harrah’s Casino held at the future site of the facility just outside the town of Murphy. The casino, to be called Harrahs Murphy Casino, will be owned by the Eastern Band of Cherokee Indians (EBCI) and will be…
