SIGA Distancing Itself From Taiwan Casino Story

Monday, July 28, 2008 at 14:33

The president of the Saskatchewan Indian Gaming Authority is denying reports his organization has inked a new casino deal with investors in Taiwan.

On Friday, the Saskatoon Star-Phoenix reported a memorandum of understanding had been reached that could earn SIGA $600 million a year over 25 years.

The article stated the gaming authority would manage one or two casinos for a group in Taiwan.

However, SIGA CEO Zane Hansen says this is not the case.

Hansen says no MOU has been signed, nor is SIGA involved in any formal discussions.

He also says the source quoted in the newspaper story does not speak on behalf of the corporation.