Casino news source: WXII News 12 - http://www.wxii12.com/
Cherokee Council OKs $650M Casino Expansion
POSTED: 7:58 am EST January 31, 2007
UPDATED: 8:29 am EST January 31, 2007
CHEROKEE, N.C. -- The principal chief of the Eastern Band of Cherokees will sign a Tribal Council resolution Wednesday authorizing a $650 million expansion plan for the casino.
The tribal council approved the investment Tuesday to add a hotel, retail stores and more room for gambling at its casino.
The five-year project also calls for a new spa, a 3,000-seat showroom and new restaurants near Harrah's Cherokee Casino and Hotel.
Principal Chief Michell Hicks is to sign the resolution Wednesday and provide additional details about the expansion.
The casino is located 50 miles west of Asheville at the entrance of the Great Smoky Mountains National Park. It's owned by the Cherokees and managed by Harrah's. It earns about $155 million annually for the tribe. |
|
World Casino Directory 
Gambling Forums 
