The 350-member San Pasqual Indian band formed the $30 million agreement with Siren Gaming, whose top players turned the Rio Hotel-Casino in Las Vegas into one of the city's most successful resorts.
Siren President John Lipkowitz, the former general manager of Rio, co-founded the new company in 2000 and the San Pasqual band is its first client. Rio owner Anthony Marnell, who sold the hotel-casino to Harrah's in 1999 for $525 million, is the new company's chief investor.
Marnell also co-owns a construction company that built the Rio and other famous Vegas resorts, including The Mirage, Bellagio, Caesar's Palace and Treasure Island.
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