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The financial backers of the controversial Hollywood Casino in Jamul, which opened just 14 months ago despite fierce local opposition, have announced they are cutting ties with the Indian tribe.
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May 29, 2018 · In October 2016, the Tribe obtained long term secured financing for the JIV Casino, consisting of revolving and term loan credit facilities (the “Credit Facilities”) totaling approximately $460 million. The term loan C facility is held by the Company’s subsidiary, San Diego Gaming Ventures, LLC. The borrower is currently in default on its obligations under the loan and the Company’s loan is fully … Hollywood rebrands as Jamul Casino - The San Diego Union