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Seminole Group Finishes Court Battle over Private Economic Info

Seminole Group Finishes Court Battle over Private Economic Info

The Seminole Tribe of Florida fallen on Friday its court filing targeted at steering clear of the disclosure of just what it believed had been private economic ideas about the group’s gambling enterprises as well as their monetary efficiency in 2015. Tribal authorities made a decision to fall the declare after political news publishing POLITICO revealed particular economic information.

Attorneys for the group expected a neighborhood assess to block POLITICO from publishing ideas from Seminole games CEO Jim Allen’s deposition, so as for Seminole authorities to own plenty of time to identify whether the stated ideas contained trade techniques.

Nevertheless, the headlines book introduced previously this few days articles about Mr. Allen and his latest deposition, in that it quoted the exec stating that the group created all in all, $2.4 billion in profits in 2015, of which $2.2 billion originated playing surgery.

Mr. Allen’s report can be used as evidence within the trial that is federal the Seminoles and the county of Florida, in fact it is arranged with this Oct. The 2 functions are closed within a over a year-long spoken and courtroom battle over the tribe’s right to be the sole company of black-jack along with other dining table games within Fl’s boundaries.

Latest summertime, the Seminoles filed case after arrangements in the state to its gambling contract relating to their blackjack monopoly expired. Continue reading