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May 8, 2008

Cherokee Nation sees boost in gaming revenues

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The Cherokee Nation of Oklahoma reported a 20 percent increase in gaming revenues in 2007.

The tribe's casinos earned $418.6 million last year, according to Cherokee Nation Enterprises, the tribe's business arm. That's a big jump from 1999, when gaming profits were only $5 million.

The tribe's gaming empire will only continue to grow. The Cherokee Casino Resort in Catoosa is undergoing a$139 million expansion while the Cherokee Casino West Siloam Springs is undergoing a $125 million expansion.

Get the Story:
Cherokees to gamble on adding industry (The Oklahoman 5/8)
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