Palace Hospitality, an enterprise offering consulting, development, and management services to Tribal Nations has partnered with the Mechoopda Indian Tribe of Chico Rancheria for construction of a new casino to be located in Chico, CA.
“This casino has been a long time coming with the official compact approval being received in 2018, after more than a decade of attempts to move forward,” said Mechoopda Tribal Chairman Dennis Ramirez. “We are excited to be partnering with Palace Hospitality to help make this dream a reality. Their knowledge and experience in developing successful casino operation methods and programs makes them a perfect fit for our new venture.”
The new casino will be located on 91 acres near Highways 99 and 149 on the south bank of Clear Creek. Approved for a Class III gaming license, the casino will offer slot machines – approximately 300 to start. It also will include a food court, bar, and player’s club. The casino will be open to those 21 years and older.
Officials anticipate a 12-month construction schedule. The Mechoopda casino also will create and estimated 300 new jobs in the area.
“We are thrilled to partner with the Mechoopda Tribe and to help them build their casino from the ground up,” said Michael Olujic, Principal of Palace Hospitality. “We are looking forward to sharing our working business model that creates an incredible casino, generates revenue, and builds positive community relationship.”
Palace Hospitality is a development, management, and consulting enterprise created by Tachi Palace Casino Resort executives and members of the Santa Rosa Rancheria Tachi-Yokut Tribal Council. The company’s goal is to help Tribal Nations become self-sufficient and develop strategic plans for responsible growth without permanent incorporation into their business.