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Snoqualmie casino breaks ground next month

30 January 2007

WASHINGTON – As reported by the Seattle Times: "After years of delays and financial setbacks, the Snoqualmie Tribe will break ground Feb. 26 on its casino project near North Bend, tribal officials said Monday.

"Casino Snoqualmie is expected to open by Nov. 1 of next year and will be the closest tribal-gaming center to Seattle.

"…This week, tribal officials closed on $330 million in financing to get the project going, underwritten by Bear Stearns, a global investment bank and securities trading and brokerage firm.

"…The 165,000-square foot, mountain-style lodge casino will include a 1,000-seat event center, five restaurants, a cigar lounge and wine bar. It will be built on a 56-acre woodsy, secluded site off of Interstate 90 and just outside the city of Snoqualmie…"

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