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Lake Gaming Drops Out of Paskenta Tribe Casino Deal

MINNETONKA, MN-The gaming company still has five other deals in the works in Michigan, California and Nevada after agreeing to drop out of a deal to develop a casino in northern California.

By Jim McCartney | Updated on February 12, 2001

MINNETONKA, MN-Lakes Gaming has agreed with the Paskenta Band of Nomlaki Indians in California to drop its participation in developing a casino in northern California. Lakes had previously announced a joint venture with MRD Gaming to develop a casino for the Paskenta.

Lakes Gaming manages the largest casino resort in Louisiana and has three deals with three tribes to develop casinos for new casino operations with one tribe in Michigan and two tribes in California. The company also has a joint venture with MRD Gaming to deal a tribal casino in California and a joint venture agreement for the development of land on the Las Vegas strip.

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