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Citizens Against Expanded GamblingCitizens Against Expanded Gambling
Citizens Against Expanded GamblingCitizens Against Expanded Gambling
  • Home
  • Stop the Kenosha Casino
  • About
    • About Us
    • History of Gambling in Wisconsin
  • FACTS
  • NEWSROOM
  • CONTACT
    • CONTRIBUTE

Casino Muni Bond Defaults Because “The People Got Fed Up”

May 12, 2010

“A federal court actually allowed an American Indian tribe to get out of a $50 million bond it owed to a private investor, raising concerns among other tribal-casino lenders. The 3,500-member Lac du Flambeau Band of Lake Superior Chippewa Indians, in northern Wisconsin, said $782,000 in monthly bond payments were bleeding it dry so last fall, it stopped making them, arguing that the deal was invalid.”

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Citizens Against Expanded Gambling, Inc.
PO Box 7294
Appleton, WI 54912

Phone: (920) 659-4489
email: info@citizensagainstgambling.com
www.citizensagainstgambling.com

If you or someone you know has a gambling problem,
call 1-800-GAMBLE-5 (1-800-426-2535) 24 hours a day.

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Citizens Against Expanded Gambling, Inc (CAEG) is organized under section 501 (c)(4) of the Internal Revenue Code. Contributions to CAEG are not tax deductible as charitable contributions for federal or state income tax purposes.