Our firm has substantial experience representing a wide-array of clients involved in the gaming industry. As various state governments have become more reliant on gaming ventures as a source for tax revenue, we have seen a proliferation of gaming-related opportunities for our clients. Our lawyers have represented clients in nearly all aspects of gaming-related transactions, including the development and acquisition of land-based casinos, pari-mutuel, off-track betting and “racino” gaming operations, riverboat casinos and native-American owned and operated casinos. In this regard, we have advised clients in connection with:
- structuring, negotiating and documenting joint ventures to develop or acquire various gaming opportunities across the country;
- raising senior, mezzanine and equity financing for gaming projects;
- obtaining needed regulatory approvals to own, manage and operate various gaming projects; and
- negotiating management and other operational agreements for gaming facilities.
Transactions in which our gaming lawyers have been actively involved include the following:
- development of Hoosier Park, Indiana’s first horse racetrack, and its related off-track betting facilities, as well as the further development of casino gaming at Hoosier Park;
- development of Argosy’s riverboat in Lawrenceburg, Indiana, one of the country’s most profitable riverboat gaming operations;
- development of the Augustine Casino, a native-American, land-based casino in Coachella, California;
- development of the French Lick Casino and its related facilities in French Lick, Indiana;
- acquisition of the Fortune Valley Casino in Central City, Colorado, from Harrah’s; and
- $200 million minority investment in a multi-jurisdictional regulated gaming entity and the entity's completion of an approximately $800 million syndicated senior and junior debt facilities.
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