A judge has ruled that a tribal gaming authority must pay more than $88 million in damages to investors over failed plans to build an off-reservation casino near Detroit Metro Airport and another in downtown Lansing.
The Ingham County Circuit Court judge this week found the Kewadin Casinos Gaming Authority liable for not only repaying, with interest, $9 million in loans from two groups of investors, but also the investors’ loss of potential future profits from the unbuilt casinos.
A judge has ruled that a tribal gaming authority must pay more than $88 million in damages to investors over failed plans to build an off-reservation casino near Detroit Metro Airport and another in downtown Lansing.
