Indiana AG: Casino Deal is Illegal
INDIANA – As reported by the Indiana Post-Tribune: "Indiana Attorney General Steve Carter's office labeled a politically connected East Chicago company's deal with the city's casino as illegal in a court brief filed this week.
"Carter asked the court to allow Marion Superior Court to allow his office to intervene in a civil suit, filed April 15, by Second Century against Resorts and the city of East Chicago in which the company is asking the judge to uphold its contract.
"In November, the Indiana Gaming Commission asked the attorney general to review Second Century's contract with Resorts East Chicago.
"East Chicago officials asked the state to toss out the contract in April, when the casino's license was moved from the former owner, Harrah's International, to Resorts.
"Second Century is run by politically connected businessmen Michael Pannos and Robert Cappas. It receives three-fourths of 1 percent of the casino's gross profits under a 10-year-old agreement worked out under the administration of former Mayor Robert Pastrick…"
2005-12-28
