The National Indian Gaming Commission has approved a management contract for a $500 million Las Vegas-style casino planned in Elk Grove.
The commission approved the Elk Grove-based Wilton Rancheria tribe's agreement to have BGM Co. Inc. manage the casino. BGM is a subsidiary of Las Vegas-based Boyd Gaming Corp.
Wilton Rancheria has been working with Boyd (NYSE: BYD) for four years to develop a casino, hotel and entertainment complex on 36 acres just off Highway 99 at the site of a long-dormant…