Tribe will now receive half of Indiana casino profits
After owning Caesar’s Southern Indiana Casino for a year and a half, EBCI Holdings LLC will increase the share of annual profits sent back to tribal government from 25% to 50%.
Tribe partners on Kentucky horse race track
The Eastern Band of Cherokee Indians is a key partner in a $55 million effort to bring the state’s first track dedicated to quarterhorse racing to a 200-acre property outside of Ashland, Kentucky, with a groundbreaking ceremony held Friday, Oct. 28.
Tribal LLC pursuing bid for two new casinos
In a special-called meeting Wednesday, April 13, Tribal Council approved a plan from EBCI Holdings, Inc. , to bid on an opportunity to build two new out-of-state casinos.
Cherokee gaming LLC to expand its reach
The company the Eastern Band of Cherokee Indians formed earlier this year to purchase Caesar’s Southern Indiana Casino hopes to branch out its business interests, receiving approval from Tribal Council Dec. 9 to invest up to $12 million in gaming-related technologies and pursue construction of a sports betting bar on the tribe’s Exit 407 property in Sevier County.
