Then, 94% of the senior noteholders approved the agreement.
In May of last year, the Chukchansi Economic Development Authority (CEDA), the operator of the Chukchansi Gold Resort & Casino, entered an agreement to settle litigation and restructure CEDA’s debt. CEDA Reduced Debt, Strengthening the Economy of the Community To protect its workers, the compact has a tribal labor relations ordinance. This fall, the casino will also open a new conference center for hosting events.Ĭurrently, the casino has 1,500 employees, including members from the community who are unionized and have a collective bargain contract. It includes new terms supporting non-gaming tribes and tribes with smaller gaming venues without disturbing the sovereignty of the tribe. The 25-year agreement would allow Chukchansi Gold Resort & Casino to operate 3,500 gaming devices, almost double the current limit. It includes seven restaurants, 400 hotel rooms and a spa and salon. Now, Chukchansi Gold, which operates 24 hours a day, has 2,000 slot machines, 40 table games. Gaming Compact Deal Expansion Includes 2,000 Job Openings The negotiations took years, but the tribe reached an agreement, ensuring that Chukchansi Gold would remain the premier resort in the area. This new compact deal would provide the expansion of its gaming business. The tribe would additionally pay for more services and allow cannabis into its economic strategy.Īccording to tribal chairwoman Claudia Gonzales, throughout the negotiations, the Tribal Council worked tirelessly to protect its sovereignty. The new compact deal comes a month after the tribe signed an agreement with Madera County, increasing sheriff and fire protection services for its lands, including the casino and the surrounding community. Chukchansi Tribe Increases Sheriff and Fire Protection Services Now, it must receive approval from the secretary of the US Department of the Interior. The compact was sent for ratification by California Gov. The negotiations took several years to finally reach a conclusion.
On Thursday, the Picayune Rancheria of the Chukchansi Indians has finally signed a new state gaming compact, allowing the expansion of its Coarsegold casino and protection of the casino patrons and employees. Chukchansi Indians Sign a New 25-Year Gaming Compact
After years of negotiation, the Picayune Rancheria of the Chukchansi Indians reaches an agreement with the state to expand the Chukchansi Gold Resort & Casino in California.
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