Court of Appeals Affirms Summary Judgment in Favor of Southwest Casino Corporation 50% Joint Venture.MINNEAPOLIS -- Southwest Casino Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SWCC SWCC Saline Water Conversion Corporation (Saudi Arabia) SWCC Special Warfare Combatant-craft Crewmen (US Navy) SWCC Special Warfare Combatant-craft Crewman SWCC South Wales Caving Club ) announced that on June 6, 2006 the Minnesota Court of Appeals affirmed a decision by the Ramsey County There are two places in the United States named Ramsey County:
LLC - Logical Link Control . The Court of Appeals upheld the District Court's decision to dismiss claims that the Racing Commission violated Minnesota's Open Meeting law when deciding to grant licenses to North Metro to develop and operate a harness racetrack and card room in Columbus Township, Anoka County, Minnesota Anoka County is a county located in the U.S. state of Minnesota. As of 2000, the population was 298,084. Its county seat is Anoka6. Geography According to the U.S. Census Bureau, the county has a total area of 1,156 km² (446 mi²). . Southwest Casino Corporation owns a 50% membership interest in North Metro. MTR-Harness, Inc., a subsidiary of MTR Gaming Group MTR Gaming Group Inc. NASDAQ: MNTG is a hospitality company based in Chester, West Virginia. The company holds, mostly through several subsidiaries, hotels, casinos and sports facilities. , Inc. (Nasdaq:MNTG) also owns a 50% membership interest. The Appellate Court's decision may be appealed to the Minnesota Supreme Court The Minnesota Supreme Court is the highest court in the U.S. state of Minnesota and consists of seven members. The court was first assembled as a three-judge panel in 1849 when Minnesota was still a territory. . The Minnesota Racing Commission voted to grant the licenses to North Metro in January of 2005, but an anti-gambling citizens group opposed to the development filed two lawsuits against the Commission in attempts to overturn the licenses and block the project. Today's Court of Appeals decision could be appealed to the Minnesota Supreme Court, which would then have discretion to decide whether to hear the case. The Minnesota Supreme Court has not yet ruled on a request for review of a previous Court of Appeals decision upholding the Racing Commission's decision to grant racing licenses to North Metro. Regarding yesterday's Court of Appeals decision, Jim Druck, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Southwest Casino Corporation said, "We are once again delighted. The Court of Appeals has again confirmed what we always believed, that the Minnesota Commission acted properly when it decided to grant racing licenses to North Metro and that those licenses are valid and appropriate. While the litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. process continues, we are pleased to be another step closer to starting construction." About Southwest Casino Corporation Southwest Casino Corporation develops, owns, operates, manages and provides consulting services to casinos, gaming facilities and related amenities in various markets across the United States. Southwest currently owns and operates three casinos in Cripple Creek, Colorado The historic City of Cripple Creek is a Statutory City that is the county seat of Teller County, Colorado, United States. Cripple Creek is a former gold mining camp located 44 miles (71 km) . Southwest also provides management services to the Lucky Star Casino facilities in Concho and Clinton, Oklahoma under a management agreement with the Cheyenne and Arapaho Tribes of Oklahoma. Southwest recently entered into a gaming management agreement with the Otoe-Missouria Tribe of Indians under which it will manage their Seven Clans Paradise Casino in Red Rock, Oklahoma Red Rock is a town in Noble County, Oklahoma, United States. The population was 293 at the 2000 census. Geography Red Rock is located at (36.459934, -97.179226)GR1. . The contract is currently under review by the National Indian Gaming Commission and will not be effective until approved by them. Southwest's corporate offices are located at 2001 Killebrew Drive, Suite 350, Minneapolis, Minnesota 55425. This Press Release does not constitute an offer of any securities for sale. This Press Release contains forward-looking statements, including statements regarding Southwest's beliefs about Southwest's and North Metro Harness Initiative, LLC's business prospects. These statements involve risks and uncertainties that could cause the statements to be incorrect or cause actual results to differ materially. Those risks include but are not limited to project delays or termination caused by legal challenges raised by the project's opponents; zoning, feasibility studies, unforeseen engineering, environmental, or geological problems; work stoppages, weather interference, construction delays and other risks associated with building a racing operation; regulatory approval of a card club plan of operation; and other factors described in Southwest's periodic reports filed with the Securities and Exchange Commission. Southwest does not undertake to update any forward-looking statements; however, it may choose from time to time to update them and if it should do so, it will disseminate the updates to the investing public. |
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