The Menominee Indian Tribe and KMD Consulting Inc. of California have “mutually agreed” to sever a $800 million deal on a planned casino, the tribe’s attorney Rory Dilweg told the Milwaukee Journal Sentinel.
KMD was previously committed to investing in the project and finding additional financing for the casino to be housed on the site of the former Dairyland Greyhound Park in Kenosha, Wisconsin.
The Keshena-based tribe has been trying to open an off-reservation casino on the former race track land since the mid-1990s, Dilweg said, and it will continue pursuing it. The tribe is currently in discussions with two groups to replace KMD, which is at least the fourth non-Menominee entity or individual to exit the project.
But according to an unnamed source connected to the tribe, the tribe actually split from the developer when it failed to make a $300,000 payment to the tribe due in May. By annulling the contract, both sides forfeit any right to seek future funds from the other, the source told the Sentinel on May 24.
Still, Kevin Dwyer, principal of KMD, contends otherwise. “It is a completely amicable parting, great people and project,” Dwyer said in an email to the Cape Cod Times.
The recent news has not affected the Wampanoag Tribe of Gay Head’s (Aquinnah) decision to go with KMD to develop its proposed destination resort casino in Southeastern Massachusetts, Cheryl Andrews-Maltais, chairwoman of the Aquinnah, told the Times on May 25.
“We have every faith in them,” she said. “Our structure is different than what the Menominee had with them. They are truly a good fit and we’re comfortable. As I’ve said before, we’re pleased and proud to work with them. They’ve demonstrated a strong commitment to us and we’re happy with the selection of them.”
The Aquinnah reportedly hired KMD because the company’s principals demonstrated the resolve to wage a legal fight should the tribe need to sue the state for casino rights.