Feb
24
2010
Here in North Dakota, our economy tends to go up when the U.S. economy is down, and vice versa. We currently are in an oil boom thanks to the Bakken formation in western North Dakota. We've got millionaires still driving their beat-up pick up trucks out near Williston (North Dakotans are modest by nature; it's rude to show off one's good fortune, and besides, that old truck still runs most of the time). And along with Wyoming, our state is lucky enough to have a budget surplus, prompting the executive director of the National Governors Association to say, "We all ought to move to North Dakota."Economic Diversification
A Split in a Landmark Tribal-Corporate Partnership?
Feb
3
2009
We've given a number of presentations in the last several months on economic trends in Indian gaming. One trend that we discuss is the increase in tribal-corporate partnerships -- tribes partnering with Marriott, Harrahs, Radisson, and other hotel, resort, casino, entertainment, and restaurant companies. One of the biggest examples is the new MGM Grand at Foxwoods. But a Connecticut media outlet is reporting on a possible split between the Mashantucket Pequot Tribe and MGM Grand.Steve Quoted in New York Times Re. the Pequots/Mohegans
Sep
26
2007
Here's a story about an interesting -- if outside the norm for most gaming tribes -- development in Connecticut. We're pleased to note that Steve is quoted in this New York Times story, reprinted in the International Herald Tribune.Will Wie Meet the Mohegans?
Jun
22
2007
In yet another example of economic diversification using gaming revenue, the Mohegan Tribal Gaming Authority recently completed a $4.4 million purchase of what now is called the Mohegan Sun Country Club, located some 20 minutes from the Mohegan Sun. The ceremonial kickoff featured 20 members of the LPGA Legends Tour, including a number of members of the LPGA Hall of Fame. The course also will host the Ah
Different Eggs, Different Baskets
Mar
31
2007
At the National Indian Gaming Association’s annual meeting last week, discussed here, NIGA Chair Ernie Stevens addressed a growing trend among tribes: economic diversification. Tribal governments are using gaming revenue to leverage all sorts of economic development opportunities, both on and off the reservation, that have nothing to do with gaming.