Thursday, December 15, 2011

Votes Are Counted & Shinnecock Nation Gives Thumbs Down to Contract with Michael Malik's Gateway Casino Resorts




Shall Shinnecock Nation Trustees sign a new contract with Michael Malik's Gateway Casino Resorts?

121 - YES

153 - NO


An intra-tribal war has been brewing on the Shinnecock Indian Nation's Long Island reservation. Members are split about their commitment to move forward and develop gambling halls in New York in partnership with controversial Detroiter Michael J. Malik, Sr. and his fellow investors. Earlier this week, Tribal Members were notified of an election that would be held today among members. 

Voters were asked to cast ballots giving a thumbs up or thumbs down on approval for the Nation's Trustees to sign a new contract with Detroit-based Gateway Casino Resorts and its co-owner Michael J. Malik, Sr..  Among other things the agreements would have governed the future development, management and operation of up to three gambling halls most likley located somewhere on New York's Long Island.In addition to paying back development costs Gateway has incurred, Malik (Gateway) would have received 28% of all revenues for a period of 7-years and have management responsibility for any casinos. (Term Sheet)

Officials of the Shinnecock Nation Gaming Authority had agreed to the Term Sheet in June but needed the full tribes backing.  The votes have been counted and Michael Malik's Gateway Casino Resorts is the loser -- for now anyway.  Given that Malik's casino syndicate has for almost a decade bankrolled millions in legal, lobbying and PR activities and spent millions more making political campaign contributions to support the Nation's efforts to secure Federal Recognition and pave the way for casino development, it's unlikely that Malik and his fellow syndicate organizer Marian Ilitch will walk away from the Shinnecock without a fight to hang onto the franchise.

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certainly must reads!

Ilitch has backed loosing sports teams and pizza, but casinos in Detroit? Forbes.com 10.09.06 ● Marian Ilitch #1 on "25 Most Powerful People" to Watch 2006” global gaming business o1.oo.o5 ● My Kingdom for a Casino Forbes 05.08.06 ● Big Lagoon’s casino dream awakens north coast journal 07.28.05 ● Shinnecocks launch legal claim to Hamptons land newsday.com 06.16.05 ● Ilitch Plans to Expand Casino Empire RGTonline.com 07.05.05 ● Ilitch outbids partners MichiganDaily.com 04.14.05 ● Ilitch enmeshed in NY casino dispute detnews.com 03.20.05 ● Marian Ilitch, high roller freep.com 03.20.05 ● MGM Mirage to Decide on Offer for Casino in Detroit rgtonline.com 04.16.05 ● Secret deal for MotorCity alleged freep.com 02.15.05 ● Los Coyotes get new developer desertdispatch.com 02.08.05 Detroit casino figure to finance Barstow project LasVegasSun.com 07.07.03 ● Indian Band trying to put casino in Barstow signonSanDiego.com 06.04.03 Pizza matriarch takes on casino roles detnews.com 10.23.02 ● Vanderbilt gets short straw in negotiations for a casino Lansing Journal 10.06.02 ● Indians aim to drive family from tribe in vicious dispute san diego union tribune 04.09.00 ●Malik owns 2000 Michigan Quarter Horse of the Year Michigan.gov 01.01.00 ● Detroit Team to run Michigan’s newest Indian casino detnews.com 05.23.99 Tiger ties tangle Marian Ilitch detnews.com 04.29.99 ● Three investors must sell their Detroit casino interests gamblingmagazine.com 04.25.99 ● Partners’ cash revived election; They say money was crucial to Prop-E detnews.com 04.25.99 Investors have troubled histories las vegas review journal 04.27.99 ● Investor served probation for domestic assault on 12 year old boy detnews.com 04.25.99 Can a pair win a jackpot?: local men hope to... crainsdetroit.com 03.17.97

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