Tribe explores pathway to tax-free casino distributions
Starting in March, members of the Eastern Band of Cherokee Indians may have the chance to sign up for a program that will let them receive casino distributions without reporting them as income on federal taxes.
Tribe, Caesars break ground on $650 million Virginia casino project
At an Aug. 11 event that Principal Chief Richard Sneed said felt more like a pep rally than a ceremony, the Eastern Band of Cherokee Indians broke ground on a $650 million casino development in Danville, Virginia, in partnership with Caesars Entertainment.
Tribe to partner on $650 million Virginia casino complex
The Eastern Band of Cherokee Indians will partner with Caesars Entertainment Inc on a $650 million casino resort in Danville, Virginia, Caesars announced today. The project will break ground this week.
Tribal LLC pursuing bid for two new casinos
In a special-called meeting Wednesday, April 13, Tribal Council approved a plan from EBCI Holdings, Inc. , to bid on an opportunity to build two new out-of-state casinos.
Cherokee exploring dorm housing for casino workers
As the labor shortage at Harrah’s Cherokee Casinos continues to worsen, the Eastern Band of Cherokee Indians is considering dormitory-style employee housing that would allow it to bring in foreign workers on temporary H2B visas to support its cash cow.
Cherokee announces record casino profits, plans for expansion
In the space of two days last week, the Eastern Band of Cherokee Indians announced its biggest per capita distribution and approved a loan agreement for a $275 million expansion to the Valley River casino in Murphy.
Indiana approves EBCI casino purchase
The Indiana Gaming Commission has approved a deal that would put an Indiana casino in the ownership of a company held by the Eastern Band of Cherokee Indians.
June per capita payments exceed pre-pandemic levels
Despite a raging pandemic, Harrah’s Cherokee Casinos’ revenues for October 2020 through March 2021 delivered a larger per capita payment to tribal members than the last June distribution based on pre-pandemic earnings.
Cherokee appeals Catawba casino decision
The Eastern Band of Cherokee Indians is appealing an April 16 decision from District Court Judge James A. Boasberg that paved the way for the Catawba Indian Nation to develop a casino in Cleveland County.