A company that leases a property to be used as a gambling casino will find the contract to be what due to state laws?

In the context of state laws regarding gambling, a contract for leasing a property to be used as a gambling casino is generally considered void. This is due to the fact that many jurisdictions, including Oklahoma, have specific regulations or outright prohibitions concerning gambling and the operation of casinos. If an activity is illegal under state law, any contract that is made to facilitate or support that activity may be deemed void. This means that the law does not recognize the contract as having any legal effect.

In this case, since leasing a property specifically for such an illegal purpose would not be enforceable in a court of law, the agreement cannot be upheld. Other options such as being enforceable, valid with restrictions, or legally binding would suggest some level of legality or enforceability, but the overarching principle is that contracts based on unlawful activities lack the power of enforceability in legal matters.