North Fork Rancheria of Mono Indians and Station Casinos LLC announce the Approval of a Management Agreement by the NIGC
The North Fork Rancheria of Mono Indians and Station Casinos LLC announced the approval by the Chairman of the National Indian Gaming Commission of the Third Amended and Restated Management Agreement. Under the Management Agreement and a related development agreement, the Tribe will, with Station’s assistance, develop and operate a gaming and entertainment facility (the “North Fork Project”) on a 305-acre parcel of land adjacent to Highway 99 north of the City of Madera, California (the “Site”). The Site was taken into trust for the benefit of the Tribe by the Department of the Interior in February 2013.
Upon completion, the North Fork Project will feature a 100,000-square-foot casino with over 2000 slot and video poker machines and 40 table games, including blackjack, Pai Gow, and Three-card Poker. In addition, the property will feature exciting dining and beverage options, ample parking, and easy and convenient access from Highway 99.
Fred Beihn, Chairperson of the North Fork Rancheria, said: “The North Fork Rancheria is delighted with the approval of the Management Contract with our development partner, Station Casinos. Our Tribe is grateful to have a partner so committed to the principles of tribal sovereignty and to bringing the full benefits of tribal gaming to our Tribe and community.”
Scott Kreeger, President of Station Casinos, said: “We are thrilled to announce the successful achievement of this pivotal milestone in advancing the North Fork Project. Station Casinos extends its heartfelt congratulations to The North Fork Rancheria of Mono Indians community on reaching this next stage. We are excited to help the Tribe bring this exciting project to fruition, fostering economic prosperity for the surrounding community and tribal members through the creation of permanent job opportunities. We look forward to supporting the Tribe in the finalization of their splendid facility and contributing to the success of this remarkable endeavor.”
