Hollywood Casino Jamul San Diego received an investment of US$400 million.
US.- Native tribe Jamul Indian Village is preparing the premiere of the new luxury casino in San Diego, California. The complex was approved by the County of San Diego Board of Supervisors after a Memorandum of Understanding –MOU– with the tribe. The agreement will imply a mutual economic relationship as well.
The casino will be also owned by the subsidiary of the tribe, Penn National Gaming. Under the terms of the 20-years MOU, Jamul Indian Village invested the initial US$4.8 in equipment for Fire and Life Safety services, which also requires the payment of US$2.75 million annually. The tribe will provide semi-annual and perpetual mitigation and operating reports to authorities about public safety, air and water quality impacts, roadway improvements, among others.
“The casino and this agreement in particular will provide significant benefits for Jamul and surrounding communities that would otherwise not be available. We are grateful for the Supervisors’ vote today and County staff’s work on the government-to-government negotiations during the past year,” said Erica Pinto, chairwoman of Jamul Indian Village. Hollywood Casino Jamul San Diego will impact on employment rate, as it will bring 1,000 permanent jobs and 1,200 construction jobs.