The tribe owns and operates Hard Rock Casino Hotel in Tulsa and nine other tribal gaming enterprises across the state. It’s the first gaming venture outside of Oklahoma for the tribe and its first investment in commercial gaming.
A subsidiary of the CNB, Cherokee Nation Entertainment Gaming Holdings, will pay $450 million for the 1,100 room property, with a 50,000 square foot casino. Cherokee Nation Businesses based in Oklahoma, last week revealed it had reached an agreement with MGM Resorts to buy Gold Strike Tunica, the only casino the company owned in the northern Mississippi market.
