Feb
19
Majestic Star Stops Paying Gary, Ind.
Filed Under Gary, Majestic Star, tax revolt

Majestic Star stops paying Gary, Indiana.
The Majestic Star stopped payments to the city of Gary on February 12th causing the city to have to cut back, reports the Post-Tribune.
Majestic Star Casino owner Don Barden cut Gary off from a key source of revenue last week, keeping a promise and putting pressure on the already cash-strapped city.
Celita Green, the city controller, said Majestic Star never made its monthly tax payment last week.
Majestic’s monthly payments total roughly $6 million each year depending on how much money it makes, Green said.
Mayor Rudy Clay said Barden’s decision to withhold payment puts Gary in a “major financial dilemma.”
“The city was skating on thin ice anyway,” Clay said.
Barden filed complaints against the city with the American Arbitration Association and Marion County Circuit Court last week, naming the Indiana Gaming Commission as a defendant in Marion County, as well.
- The Majestic Star The Majestic Star has filed a lawsuit against the City of Gary in Marion County and...
- The Majestic Star in Buffington Harbor in Gary, Indiana. Will one Majestic Star casino license end up in Northeast...
- Chaos erupted at Gary’s Tolleston Middle school Wednesday morning. Here’s the run-down on the war zone that broke out...
Midwest News Feed (IL, IN, MI, WI)
Comments
One Response to “Majestic Star Stops Paying Gary, Ind.”
Leave a Reply

[...] (02.19.08): So Barden has turned off the faucet. Clay’s reported comments bode ill for the City, and bode well for the rumor noted [...]