Published 1 year ago

Casinos and consulting? Pandemic spurs tribes to diversify

Summary by Ground News

Tribal economies are at an inflection point because gaming markets are maturing across the U.S., says Dawson Her Many Horses, head of American banking for the Rosebud Sioux Tribe of South Dakota. Tribal leaders and tribal business experts say the global pandemic has been the latest and clearest sign that tribal governments with casinos can't depend solely on slot machines and poker rooms.

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Associated Press News

Casinos and consulting? Pandemic spurs tribes to diversify

1 year ago·United States

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abc News

Casinos and consulting? Pandemic spurs tribes to diversify

Hit hard by COVID-19 shutdowns, Native American tribes with casinos are taking a closer look at diversifying their portfolios to help keep their sovereign nations economically strong for future generations

1 year ago·United States

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KRDO

Casinos and consulting? Pandemic spurs tribes to diversify

By SUSAN HAIGH Associated Press MASHANTUCKET, Conn. (AP) — When the COVID-19 pandemic shuttered Foxwoods Resort Casino in Connecticut for three months in 2020, its owners, the Mashantucket Pequot Tribal Nation, had to reckon with decades of relying heavily on gambling as the tribe’s main source of revenue. “The fact that the casino revenues went from millions to zero overnight just fully reiterated the need for diverse revenue streams,” said Tri…

1 year ago·Colorado Springs, United States

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Financial Post

Casinos and consulting? Pandemic spurs tribes to diversify

MASHANTUCKET, Conn. (AP) -- When the COVID-19 pandemic shuttered Foxwoods Resort Casino in Connecticut for three months in 2020, its owners, the Mashantucket Pequot Tribal Nation, had to reckon with decades of relying heavily on gambling as the tribe's main source of revenue.

1 year ago·Canada

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MY Northwest

Casinos and consulting? Pandemic spurs tribes to diversify

MASHANTUCKET, Conn. (AP) — When the COVID-19 pandemic shuttered Foxwoods Resort Casino in Connecticut for three months in 2020, its owners, the Mashantucket Pequot Tribal Nation, had to reckon with decades of relying heavily on gambling as the tribe’s main source of revenue. “The fact that the casino revenues went from millions to zero overnight just fully reiterated the need for diverse revenue streams,” said Tribal Chairman Rodney Butler. The…

1 year ago·Tacoma, United States

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