PALACE HOSPITALITY PARTNERS WITH MECHOOPDA INDIAN TRIBE FOR DEVELOPMENT OF NEW CASINO

January 29, 2021

PALACE HOSPITALITY PARTNERS WITH MECHOOPDA INDIAN TRIBE FOR DEVELOPMENT OF NEW CASINO

LEMOORE, CA – (January 28, 2021) – 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.

For more information about the Mechoopda Indian Tribe, visit mechoopda-nsn.gov. For more information about Palace Hospitality email info@palace-hospitality.com.

ABOUT TACHI PALACE CASINO RESORT
Tachi Palace Casino Resort is owned and operated by Tachi-Yokut Tribe. Tachi Palace is located in Lemoore, CA, on the Santa Rosa Rancheria. Tachi Palace offers the finest gaming action with slots, bingo, and various table games. They have seven dining options and host national entertainment. The on-site Yokut gas station offers gas, diesel, race high-octane pumps and electric charging stations, plus a convenience store, smoke shop, market and gaming. Next door to the hotel is the Coyote Entertainment Center featuring movie theaters, bowling alleys, billiards room, arcade and food and concessions. The hotel features 255 luxurious rooms and suites. Bookings for weddings, special occasions and business functions are also available. www.tachipalace.com.

ABOUT ARISTOCRAT TECHNOLOGIES INC.
Aristocrat Technologies Inc. is a subsidiary of Aristocrat Leisure Limited (ASX: ALL), a global games leader with more than 6,000 employees. The company is licensed in around 300 gaming jurisdictions, operates in more than 90 countries, and offers a unique blend products and services. The company’s mission is to bring joy to life through the power of play. Its values are rooted in creativity and technology, and the company has a rich history of innovation that has shaped the gaming industry over many decades. For further information, visit the company’s website at www.aristocrat-us.com.


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