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choctaw casino off 75It’s allowed such activist investors to take large positions.Having been welcomed by local leaders, the proposal is awaiting approval from the Arkansas Racing Commission.The ballot initiative campaign to legalize casinos in Arkansas was largely bankrolled by the Quapaw and the Cherokee Nations, which already operate casinos in Oklahoma and had designs on Arkansas, where they also claim ancestral ties.Activist InvestorsMeister was appointed to the MGM Board of Directors just last week.This would require a measure to amend the amendment which would have to be approved by two thirds of the state legislature, an option Houston believes is worth exploring.MGM Resorts CEO Jim Murren announced in a brief statement yesterday the formation of an ad-hoc Board committee that will review the casino company’s real estate holdings and report back with recommendations on the assets.river spirit casino resort spa