Casino News In Ok

Nation Tribe: Chickasaw Nation of Oklahoma

Lake Texoma
Kingston, Oklahoma

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The Rock & Brews Casino Resort, sponsored by KISS band members Gene Simmons and Paul Stanley, is planned in Braman, Oklahoma. The new gambling venue will feature a luxury gaming and entertainment. The Sac and Fox Casino is also taking swabs of various areas within the casino and sending samples to labs for COVID-19 analysis. Officials: 2 firefighters, 2 residents die in Oklahoma house fire.

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The Chickasaw Nation plans to build a new casino resort on the shores of Lake Texoma. It will include a 9,600-sq-ft casino, a 40-room hotel and 10 rental cabins.

The project project received approval on Oct. 15, 2020 from the U.S. Department of Interior to transfer the casino land into federal trust for the purpose of gambling under the federal Indian Gaming Regulatory Act.

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Gaming

Open 24/7
9,600-square-foot gaming floor

300 electronic gaming machines

Restaurants

Hotel

Hotel will be three stories tall with 40 guest rooms, a restaurant, lounge, retail space, meeting rooms, an outdoor pool, a fitness center and a business center.

Also, ten lakefront rental cabins.

News Articles

Chickasaw Nation receives BIA land approval for two, new casinos

October 23, 2020

The Bureau of Indian Affairs has approved two applications from the Chickasaw Nation to transfer Chickasaw land into federal trust for the purpose of gaming. The tribe plans to build new casino resorts on both properties. One approved site is at Lake Murray near Ardmore, and the other at Lake Texoma near Kingston, Oklahoma.

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The BIA announced its decision October 15th. Chickasaw Nation Secretary of Commerce Bill Lance responded soon afterwards:

'The Chickasaw Nation may now proceed to the next phase of development on these important regional tourism and entertainment projects...'

Lake Murray Project
The new casino near Ardmore, OK is projected to create $57 million in annual revenues and 213 full-time jobs. The construction cost will be $44.2 million.

Lake Texoma Project
The new casino near Kingston, OK is projected to create $15.8 million in annual revenues and 174 full-time jobs. The construction cost will be $19.4 million.

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Chickasaw move forward with Lake Texoma Casino Resort

April 13, 2020

The Chickasaw Nation of Oklahoma is moving forward with plans to build a new casino resort on the shores of Lake Texoma. The site is 50 acres of lakefront property overlooking the lake and the Roosevelt Bridge.

Lake Texoma Casino Resort is the name of the project. It will include a 9,600-square-foot gaming floor with 300 gaming machines, restaurants, a 40-room hotel and 10 lakefront rental cabins.

The project is awaiting a final decision from the U.S. Department of Interior to transfer the land into federal trust allowing a casino to be built under the Indian Gaming Regulatory Act. Last month an enviromental impact report was published by the Bureau of Indian Affairs. This report will be followed by a public hearing and comments before the Interior Department gives its final approval.

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PRESS RELEASE: Chicksaw Nation to Develop New Lake Texoma Tourism Destination

October 27, 2016

The state of Oklahoma and the Chickasaw Nation today announced plans to develop a resort hotel and other amenities at Lake Texoma in southeastern Oklahoma.

The initial plans call for the Chickasaw Nation to construct a three-story hotel, a restaurant and gift shop, a casino featuring up to 300 electronic games and as many as 10 lakefront fishing/boating cottages, Chickasaw Governor Bill Anoatubby said. The project covers 50 acres of lakefront property, overlooking Lake Texoma and the historic Roosevelt Bridge. It also involves about 11.5 acres of land acquired by the Commissioners of the Land Office (CLO) from the Oklahoma Department of Tourism and Recreation.

The hotel will include a lounge and meeting rooms, an outdoor pool and recreation area, a fitness center, gift shop, restaurant and a business center, he said.

The project is the result of a settlement negotiated by the CLO, which worked to bring a resolution to the property that was once home to the popular Lake Texoma Lodge and Resort. A private developer bought the property in 2006 and the lodge was demolished in 2009, but plans did not come to fruition. Developers blamed the economic downturn of 2008.

'We believe this project will help launch a transformation of this area into a major tourism and recreation attraction,' said Anoatubby. 'We look forward to working with the state on a project we expect to have a positive impact on jobs and our economy for decades to come.'

Oklahoma Governor Mary Fallin said she has been a long-time believer in the potential of the Lake Texoma area to be an economic driver in Oklahoma.

'This project will create jobs and revenue for southern Oklahoma while at the same time maintaining the beauty of the site,' said Fallin. 'The Lake Texoma lodge and golf course for many years were a top tourist attraction in the region. This hotel and commercial development will be the catalyst to stimulate significantly greater economic development in the future. I appreciate Governor Anoatubby's vision and willingness to partner with the state of Oklahoma to continue our joint efforts focusing on tourism in this beautiful and strategically located part of our state.'

The development will be off U.S. 70, across from the Chickasaw Pointe Golf Course near the site of the old Lake Texoma State Lodge. Preliminary plans allow for future expansion of the hotel and the construction of additional waterfront cottages.

The Chickasaw Nation must first apply to place the land just north of the Texas border into trust status - a process that potentially could take several months or more.

'If the land can be placed into trust, our intent and plan is to develop this premier lakefront property into destination lodging and a casino,' said Bill Lance, secretary of commerce for the Chickasaw Nation.

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Oklahoma’s legal battle against Native American Tribes continues. It doesn’t appear to be stopping tribes from expressing interest in opening casinos here. The Choctaw Nation has revealed plans for a new casino in Oklahoma this week.

There are a staggering number of Native American casinos in this state. The gambling industry here is showing no signs of slowing down. Let’s look at the state’s battle with tribes and what new casino plans have just been revealed.

Lawmakers and Tribes Continue to Quarrel

Oklahoma has the third-largest number of Native American Tribes in the United States after Alaska and California. In 1988, the US Supreme Court passed the Indian Gaming Regulatory Act, allowing all Native American Tribes to operate casinos on sovereign land. Immediately, a huge number of tribes in this state decided to open their own casinos.

Over the past two decades, Oklahoma has developed one of the largest tribal casino markets in the country. Since the 90s, tribes have been required to pay between 4% and 10% of their revenue in taxes to the state. In 2018, tribal casinos brought in more than $139 million in taxes.

Recently, however, Governor Kevin Stitt has asked for lawmakers in the state to reevaluate the current tax structure. He simply wants to ensure that the state is earning what it should from these gambling venues. Interestingly, Stitt voiced this opinion to the media, instead of lawmakers directly.

His new idea did not sit well with tribal leaders in the state. Many tribes immediately began pointing out the contribution that they make to the state. Increasing tax rates would go against an agreement that’s been in place for decades, they argue.

Negotiations are continuing to take place between the tribes and state officials. It’s unclear exactly how this situation will unfold.

Choctaw Nation Unveils Plans for a New Casino in Oklahoma

Despite the unknown future tax rates for casino operators, many tribes are still looking to open a gambling venue in Oklahoma. This week, the Choctaw Nation revealed its plans for a new casino in Oklahoma. More specifically, a casino in Matteson, at Lincoln Highway and Harlem Avenue. Many are excited to hear what may be coming here.

The town of Matteson is currently fighting for its opportunity to host a casino. Plans to construct a $300 million gambling venue was presented to the Village Board. A vote on the new casino will be made on October 21st.

Sheila Chalmers-Currin, Village President of Matteson, commented on the decision to open a casino in this city to the media.

“I believe this project will be an asset not just to Matteson, but to the entire Southland Region,” she said. “After interviewing multiple casino operators, we felt the team led by the Choctaw Nation provided the best combination of experience, vision, community engagement and a financially feasible plan.”

The plan, which the Choctaw Nation would be helping with, calls for 2,000 gaming positions, a high-end restaurant and food hall, a 200-room hotel and 36,000 square feet for small conventions, concerts or similar events. The proposed site covers 35 acres and could include another 15 to 20.

This tribe already operates 22 casinos around the state. Soon, it may have a 23rd.

Oklahoma Still Hesitant to Approve Sports Betting

For many years, only Nevada was legally allowed to offer sports betting in the United States. Finally, in May of 2018, the Supreme Court struck down PASPA. Almost immediately afterward, several states began presenting plans to legalize and regulate the sports betting industry.

Today, 19 states have chosen to legalize sports gambling. Many more likely will over the next few months. A bill was presented in Oklahoma earlier this year to allow “sports pools.” Unfortunately, the bill failed to get approved before the state’s legislative session.

Many believe that sports betting will be approved in this state next year. It seems extremely likely, as the state would likely earn millions every month from this industry.

Plans for a new casino in Oklahoma have been presented. We’re likely to see even more gambling venues open here over the next several years.

Stay tuned for more Oklahoma gambling news over the next few months!