Free-Play Blackjack
Free-Play Table Games
Free-Play Slots
Free-Play Poker
Free-Play Video Poker
500 Nations Casino

Live Dealer

Gun Lake Casino remains on track

#1 Casino Choice of U.S. Players
Blackjack • Slots • Tables • Live Dealer • Video Poker • Crypto
0 $3,000 Casino Welcome Bonus!
0 $3,750 Crypto Welcome Bonus!  BOVADA CASINO
April 15, 2009

Management company's likely bankruptcy won't delay construction

WAYLAND TOWNSHIP - The Gun Lake Band of Pottawatomi are reportedly preparing to publicly announcement soon about their schedule for groundbreaking and construction of their $200 million casino despite the pending bankruptcy of their management company, Station Casinos Inc.

The Associated Press has reported that Station Casinos will file for bankruptcy within weeks. That setback could impact the tribe's ability to secure construction financing from banks, which have recently tightened their lending qualifications.

In addition the banks may have concerns about saturation of the casino market as the FireKeepers Casino will soon open its doors and the Four Winds Casino in New Buffalo is relatively new.

There is also an outside chance that a pending lawsuit could concern the lenders. A suit filed by former Wayland Township Trustee David Patchak last year is still active in federal Circuit Court in Washington, D.C., and the judge is expected to rule within a few weeks on whether the case should continue. The suit was intended to stop the federal government from taking the land for the casino into trust for the tribe however, the land was transferred into trust last January. Therefore, the case may be dismissed

Return to Michigan Casinos.

Disclaimer: All images are copyright to their respective owners and are used by 500 Nations for informational purposes only.

500 Nations is an independent directory and information service free of any gaming operator's control and not affiliated with any casino.
Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located.