Stepping off of the Indian Reservations, an exemplifying the wealth and power of the country s native peoples.
This is a proud moment for the Seminole tribe of Florida and for all Indian tribes, said Mitchell Cypress, the chairman of the elected tribal council.
It is also an opportunity for the Seminole tribe to diversify its business operations and help a very successful company to achieve even greater growth, he added.
The tribe broke new ground when it became the first American Indian group to get into the gambling business, opening a bingo hall in 1979 in Hollywood, Florida.
That led to other casinos on reservations in Florida and attracted the interest of Native American tribes across the United States.
Being fully aware of the success of local casinos managed by local tribes, I had no idea of the immense wealth generated from daily business operations.
$1 Billion is a staggering amount and a purchase that will surely open the door for future acquisitions.
Other stories breaking the silence..
. Posted on December 8th, 2006 under , . You can skip to the end and leave a response.
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