Navajos lease slot-machine rights to AZ Indian casinos
September 15, 2008
The Navajo Nation has signed an agreement to lease its rights to more than 1,000
slot machines to three Indian casinos near Phoenix and Tucson.
The deal provides the following:
454 slots to the Tohono O'odham Nation (near Tucson)
411 slots to the Gila River Indian Community (outside Phoenix and Chandler) 180
slots to the Fort McDowell Yavapai Nation (north of Fountain Hills)
Under an agreement with the state the Navajos have the right to operate 2,850
slot machines in Arizona. However, the Navajo Nation has no casinos at this
time. They plan to build four casinos in Arizona sometime in the future at
Flagstaff, Cameron, Page and a fourth location that has yet to be determined.
Funds from these leases will generate about $140 million over 17, which will be
uses to build the Navajo casino.
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