In May 2019, the Quapaw Nation of Oklahoma announced that it had purchased the Saracen Casino in Pine Bluff, Arkansas. The purchase price was not disclosed.
The Quapaw Nation is a federally recognized Indian tribe with about 3,500 members. The tribe owns and operates the Downstream Casino Resort in Quapaw, Oklahoma.
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The casino opened in 2008 and has over 700 slot machines, 30 table games, and a hotel with 150 rooms.
The Saracen Casino is located on about 35 acres of land in Pine Bluff. The casino opened in 2016 and has about 500 slot machines and 20 table games.
The casino also has a hotel with 100 rooms.
The Quapaw Nation plans to invest up to $100 million to expand the Saracen Casino. The expansion will include a new hotel, convention center, and additional gaming space.
PRO TIP:Saracen Casino is owned by the Quapaw Tribe of Oklahoma. The Quapaw Tribe is a federally recognized Native American tribe that has been in existence for centuries. They own and operate Saracen Casino, as well as several other businesses in the area.
The tribe expects the expansion to create about 1,000 new jobs.
The Quapaw Nation has a history of investing in casinos in other states. In 2012, the tribe purchased the Margaritaville Resort Casino in Bossier City, Louisiana.
The tribe sold the casino in 2018 for $140 million.
The Quapaw Nation’s investment in the Saracen Casino is part of the tribe’s economic development plan. The plan includes creating jobs and generating revenue for the tribe and its members.
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