Chickasaw Nation plans resort hotel, casino on Lake Texoma

The Chickasaw Nation has plans to develop a resort hotel and casino on former state park land on Lake Texoma.

The tribe envisions transforming the site where the former state-run Lake Texoma Lodge and Resort once stood into a tourist destination once again, said Bill Lance, secretary of commerce for the Chickasaw Nation.

"It's such a great piece of property with great views," Lance said. "We've always had an interest in that site."

An affiliate of the tribe, Texoma Development Holdings LLC, finalized the land purchase for the project from the state on Thursday for $4.2 million. The transaction involved 50 acres of lakefront property overlooking Lake Texoma and the historic Roosevelt Bridge, as well as 11.5 acres of land acquired by the Oklahoma Commissioners of the Land Office from the Oklahoma Department of Tourism and Recreation.

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