WinStar Nation Closer to Owning Lone Star Park

Oklahoma Indians have long fought against gambling in Texas, but one tribe might be willing to switch teams if they can have this piece of land for $27 million.

Whether it\’s a hedge on their part or a sign of things to come … Global Gaming became the \”stalking horse bidder\” for Lone Star Park yesterday … meaning the Oklahoma Chickasaws have made a $2.7 million deposit (10 percent of their opening bid) toward their serious intent to step across the border and have a hand in the future of Texas gambling.

Should a higher qualified bidder enter the picture, the property will be auctioned off in New York on Oct 7.

Global Gaming LSP, LLC is owned by the Chickasaw Nation, which owns the WinStar World Casino — site of the grandest poker room in the southwest, one patronized almost exclusively by Texans. A week-and-a-half ago the WWC celebrated the grand opening of their new hotel and expanded casino floor, now the 5th 3rd one of the largest in the world.

Lone Star Park, meanwhile, is the beautiful but bankrupt racetrack between Dallas and Fort Worth … a site that would\’ve become home to one of the first fully legal Texas poker rooms had HB 222 passed.

In that special-interest political fight earlier this year, Texas poker and horse racing interests joined forces, but ultimately were defeated by a loose-knit alliance of Chickasaws, Choctaws, and radical Christians. Should Global Gaming\’s purchase of Lone Star Park go through, however, then one of our strongest opponents would effectively defect to the side that wants to see bigger and better poker in Texas.