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Indianz.Com > Snoqualmie Tribe benefits from upgrades in casino bond ratings

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Snoqualmie Tribe benefits from upgrades in casino bond ratings
Thursday, January 6, 2011  

economy
snoqualmie
washington

The Snoqualmie Tribe of Washington has weathered some tough times since opening a $375 million casino in November 2008 but it looks like business is improving

Moody’s Investor Service and Standard & Poor’s have both upgraded the tribe's bond credit ratings. Both decisions were based on improved performance at the Snoqualmie Casino.

The tribe expected $1 million a month from the casino but revenues were far less than expected in 2009.

Get the Story:
Snoqualmie Casino’s bond rating upgraded (The Snoqualmie Valley Star 1/5)

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