Saturday, May 24, 2008

Battle Creek Charitable Bingos Future in Question

The Nottawaseppi Huron Band of Potawatomi Indians recently closed financing for its FireKeepers Casino, to be built near Interstate 94 and 11 Mile Road southeast of Battle Creek.

FireKeepers Development Authority, an unincorporated instrument of the tribe, issued $340 million in senior notes due in 2015.

The casino will be owned by the tribe and managed by Gaming Entertainment (Michigan), a joint venture between Full House Resorts [AMEX: FLL] and RAM Entertainment, a privately owned investment company.

For the full story, please see Lynn Stevens Nottawaseppi Huron close financing on Battle Creek casino, Business Review Western Michigan via MLive, May 16, 2008.

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