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Orange County casino still on track, Casino reported on track despite money miscue

08 August 2006

As reported by: Times-Mail
A private partnership's ability to open an Orange County casino in early November should not be hampered by its failure to arrange all of its finances on time, the state's top casino regulator said Wednesday.

Ernest Yelton, executive director of the Indiana Gaming Commission, also said he was confident that a dispute between partners of Blue Sky Casino - a joint venture between Indianapolis real estate developer Lauth Property Group Inc. and Cook Group Inc., a Bloomington medical device manufacturer - would not impede progress of the $300 million project.

Yelton said the dispute was in arbitration but he knew few details about it.

“All I know is there are some allegations that the agreement between the two entities - not an agreement with the state of Indiana or the Gaming Commission - there's a dispute as to how that would apply to control of the project, and I know that has not been resolved,” Yelton said during a break in Wednesday's commission meeting.
Article By: Times-Mail

Related Articles:

Westlake Entertainment Announces the Release of Orange County Thriller, 'Loaded' - 09 January 2008
Evansville casino gears up to compete with new French Lick casino - 09 August 2006
French Lick casino nears approval - 01 November 2005
French Lick to break ground Tuesday for Orange County casino - 08 August 2005
Trump bails out of casino plan for French Lick - 03 March 2005

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