LAGUNA PUEBLO WON’T BE PURCHASING A CASINO IN LOUISIANA. THE GALLUP INDEPENDENT REPORTS THE NEW MEXICO TRIBE DIDN’T OBTAIN APPROVAL FROM THE LOUISIANA GAMING CONTROL BOARD BY A DEADLINE…PROMPTING THE OWNER OF ISLE OF CAPRI CASINO HOTEL LAKE CHARLES TO CANCEL THE SALE.
IN 2016, LAGUNA DEVELOPMENT CORPORATION ANNOUNCED IT HAD SIGNED A PURCHASE AGREEMENT TO BUY THE CASINO FOR 134-MILLION DOLLARS…BUT THE DEAL HAD TO BE COMPLETED WITHIN 12 MONTHS.