In a stunning turn of events, Gulfside Casino Partnership has filed a lawsuit against Cherokee Nation Businesses over the highly coveted fourth casino license in Arkansas. The lawsuit, which was filed in Pulaski County Circuit Court, alleges that Cherokee Nation Businesses engaged in unfair business practices and violated state laws during the licensing process.
Gulfside Casino Partnership, a Mississippi-based company, had been considered a front-runner for the fourth casino license in Arkansas. The company had proposed a $254 million casino and resort in Pope County, promising to create thousands of jobs and generate millions of dollars in revenue for the state.
However, in a controversial decision, the Arkansas Racing Commission awarded the fourth license to Cherokee Nation Businesses, a tribal corporation based in Oklahoma. The decision sparked outrage and protests in Pope County, as many local residents had supported Gulfside’s bid for the casino license.
In its lawsuit, Gulfside Casino Partnership alleges that Cherokee Nation Businesses acted in bad faith during the licensing process. The lawsuit claims that Cherokee Nation Businesses engaged in backroom deals and made false promises to secure the license, violating the Arkansas Constitution and state laws.
Furthermore, Gulfside Casino Partnership accuses Cherokee Nation Businesses of colluding with state officials and manipulating the licensing process to their advantage. The lawsuit alleges that Cherokee Nation Businesses had inside knowledge of the selection criteria and used that information to unfairly influence the decision-making process.
The lawsuit has sent shockwaves through the Arkansas gaming industry and has raised serious questions about the integrity of the state’s licensing process. Many are now calling for an independent investigation into the matter to ensure fairness and transparency in the future.
In response to the lawsuit, Cherokee Nation Businesses has denied any wrongdoing and has vowed to vigorously defend itself in court. The company released a statement saying, “We followed all state laws and regulations in our pursuit of the fourth casino license in Arkansas. We are confident that the court will find in our favor and uphold the Racing Commission’s decision.”
As the legal battle between Gulfside Casino Partnership and Cherokee Nation Businesses unfolds, all eyes will be on the Pulaski County Circuit Court. The outcome of this lawsuit could have far-reaching implications for the gaming industry in Arkansas and beyond. Stay tuned for further developments as this high-stakes legal drama continues to unfold.