Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links

Point Molate casino fast-tracked

13 June 2008

CALIFORNIA --- As reported by Berkley Daily Planet:"Reports of its death having been greatly exaggerated, Richmond's Point Molate casino is not only alive—it's being fast-tracked by state and federal agencies.

"And the tribal venture is being bankrolled, says developer James D. Levine, with the cash of another tribe, already rich from their own gambling venture.

"While the speed-up specifically involves completing the handover of the former U.S. Navy fueling station—with the help of the Navy and the state Regional Water Quality Control Board—the Bureau of Indian Affairs is also pushing forward on a key document needed to transform the site into a tribal reservation.

"Levine, the environmental consulting expert turned would-be gambling magnate, says the billion-dollar casino, resort and condo complex constitutes the greenest project ever erected in California.

"The waterfront development had stalled after Levine's initial financial backer, the Nevada-based Harrah's Entertainment, pulled out more than a year ago, but the Berkeley developer said he's ready with plans for a five-star resort on the Richmond shoreline near the foot of the Richmond–San Rafael Bridge Levine announced the latest news at Wednesday night's meeting of the Restoration Advisory Board (RAB), a joint Navy/citizen committee that has conducted nearly 100 meetings since it was first formed 12 years ago, said public representative and co-chair Don Gosney..."

< Gaming News