Magic City Casino Sale Moves Forward; First Change Of Owner_1
Following a two-month postponement and an improved pitch, for so-called the biggest casino deal in Florida history, the Florida Gaming Control Commission on Wednesday, February 8, granted conditional approval for the sale of the gambling license from Miami-based Magic City Casino to an Alabama-based Native American tribe, Poarch Band Creek Indians.
Completion of a multimillion- dollar purchase:
This resolution by Florida regulator will permit the PCI Gaming Authority, operated by the Poarch Band of Creek Indians, to finalize the multimillion-dollar purchase of a…