4 Hot Bargaining Zones In Tribal Casino Debt Deals

Law360, New York (November 8, 2013, 8:29 PM EST) -- New debt deals and restructurings involving Native American-backed casinos are back on the rise. While jurisdictional issues continue to be a sticking point in many of these arrangements, there are four key deal provisions where lenders are seeing more room for negotiation — including sovereign immunity waivers — several attorneys say.

The gambling industry is perking up again, with several states pushing expansion efforts, existing casinos announcing growth plans, and the Bureau of Indian Affairs overseeing a pipeline of new requests. And in the wake of...
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