Nation | Tribe: Chickasaw Nation of Oklahoma
The Chickasaw Nation plans to build a new casino resort on the shores of Lake Texoma.
The Lake Texoma Casino Resort project was approved on Oct. 15, 2020 by 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.
The casino resort will include a 9,600-sq-ft casino, a 40-room hotel and 10 rental cabins.
Lake Texoma Casino will be an Indian gaming casino owned by the Chickasaw Nation. The Chickasaw also own the following gaming locations in Oklahoma:
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9,600-square-foot gaming floor
300 electronic gaming machines
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.
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.
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.
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.
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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