![]() ![]() The Menominee tribe owes the Mohegans about $12 million, a debt that would be paid only if the Kenosha casino becomes a reality. ![]() Scott Walker's approval to open a massive casino complex just off Interstate 94 and has been searching for a developer since the Mohegan tribe's gaming corporation walked away from a development and management deal several years ago. In previous arrangements, the Menominee tribe was willing to share more than 25% of its gaming revenue with the potential developer and manager. it would give immediate visibility to the casino in Kenosha."ĭetails about how much the tribe would pay Hard Rock could not be determined. "Hard Rock is a very big brand - it's known internationally," Fantini said. The management and development deal, which is expected to be announced Thursday, would give the Menominee tribe's proposal to build an $800 million casino new credibility both with the public and financial markets, said Frank Fantini, chief executive officer of the Fantini Gaming Report. Hard Rock International, the multibillion-dollar gaming and entertainment company owned by the Seminole tribe, would develop and manage the off-reservation casino proposed for Kenosha, three sources with knowledge of the deal said Wednesday. ![]()
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