Red Hawk Casino Owner Pays $57.1 Million To Buy Out Casino Manager

The Shingle Springs Band of Miwok Indians, owners of Red Hawk Casino, has paid $57.1 million to buy out its management contractor, Minneapolis-based Lakes Entertainment, Inc. as part of a debt termination and refinancing process. The payment is far less than would be owed by the tribe had the company performed the contract over its full term.

 

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