Mohegan Sun, TV Exec Settle $1M Dispute

Jerome Powers argued that the state has no jurisdiction over tribe's casino.

Mohegan Sun and a millionaire cable TV network executive have settled a dispute over a $1.2 million gambling debt.

The casino filed a court document saying it is withdrawing its lawsuit against Jerome Powers of Miami Beach, Florida, chief executive of the Plum TV network.

The Associated Press obtained a copy of the document on Thursday and it does not disclose details of the settlement.

The casino's lawsuit said it loaned Powers $1.2 million for gambling in May 2009 and he failed to pay it back.

Powers argued that the credit agreement was illegal and that state courts lacked jurisdiction because the casino is run by the sovereign Mohegan Tribe.

A Mohegan Sun spokeswoman said she couldn't immediately comment and the Associated Press left a message with Powers' lawyer.

Copyright AP - Associated Press
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