Learn, Practice, Play Baccarat
Learn, Practice, Play Blackjack
Learn, Practice, Play Slots
Learn, Practice, Play Poker
Learn, Practice, Play Video Poker
500 Nations Casino

Advertisement

Advertisement

Cherokees purchase Blue Ribbon Downs

300 Free Slots + Casino Games ... No Sign-Up!
PLAY FREE AT BOVADA! Select Practice Play or Real Play on all newest slots, blackjack, craps, keno, poker, video poker and roulette games. US Players Welcome
December 15, 2009

TAHLEQUAH The Cherokee Nation announced last week that it has purchased the Blue Ribbon Downs race track in Sallisaw. Terms were not disclosed but a news release said the purchase includes the land, facilities and equipment. Blue Ribbon Downs was owned by the Choctaw Nation.

Blue Ribbon Downs is the second race track owned by the Cherokee Nation. They also own Will Rogers Downs in Claremore. The tribe said it has no immediate plans for Blue Ribbon Downs.

The track has a long history of financial problems and multiple owners. It has twice been in bankruptcy in 1997 and 2002. Severe financial problems continued through 2009.

Blue Ribbon Downs is approximately 100 acres within the Cherokee Nation's tribal jurisdiction. It is bordered on the south by Interstate 40 and on the north by Oklahoma 64.

"We had an opportunity to purchase property that is within our tribal jurisdiction so we always closely consider that, and see it as a wise business decision to take advantage of that any time we can," said David Stewart, CEO of Cherokee Nation Entertainment.

"The Choctaws did an excellent job in trying to make the track profitable," said Stewart. "As owners of a track in Oklahoma, we understand the economics of the industry."

"The purchase is also an opportunity for us to utilize some of the equipment at Will Rogers Downs, which will provide some needed upgrades at that facility."

Return to Oklahoma Casinos home page.

Join Bovada Join Bovada
500 Nations is an independent directory and information service free of any gaming operator's control and not affiliated with any casino.
Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located.