• indianz.com
  • native american news, information and entertainment.

    owned and operated by Ho-Chunk Inc., the economic development corporation of the winnebago tribe.

    • More
      • News Headlines
      • Indian Gaming
      • Federal Register
      • Jobs
    • Contact us
      • 202 630 8439 (THEZ)
      • email indianz.com
      • Ho-Chunk Inc

Indianz.Com > Indian gaming management firm to shift focus

  • News
  • Indian Gaming
  • Federal Register
  • Jobs
ads@blueearthmarketing.com   712.224.5420

Business Deals
Indian gaming management firm to shift focus
Monday, November 5, 2007  

lakes
minnesota

Lakes Entertainment, one of the first major Indian gaming management firms, is shifting its focus, CEO Lyle Berman says.

Lakes has been managing tribal casinos for more than a decade. The firm currently has agreements with five tribes for eight gaming sites.

Berman -- who first got into the business as a partner with former Bureau of Indian Affairs head "Famous" Dave Anderson -- says Indian gaming has been good for Lakes. Revenues of the overall industry have grown to $25 billion in 2006 from $8.5 billion in 1998.

But Berman says Lakes' involvement is coming to an end. The firm hasn't signed any new management contracts in three years.

"Indian gaming is not a growth business," Berman tells The Minneapolis Star Tribune.

Get the Story:
High-stakes gamble (The Minneapolis Star Tribune 11/4)
pwlat
Lakes Entertainment Inc. (The Minneapolis Star Tribune 11/4)<

Stay Connected


Contact Us

indianz@indianz.com
202 630 8439 (THEZ)

Search


Top Indian Gaming Stories

Trending in Gaming
1 Catawba Nation continues work on controversial casino in North Carolina
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B

More Stories

• Editorial: Slow down Indian gaming in California
• Agua Caliente Band sues over compact referendum
Indian Gaming Archive
2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004


Indianz.Com
  • Arts & Entertainment
  • Business
  • Canada
  • Cobell
  • Education

 
  • Environment
  • Federal Recognition
  • Federal Register
  • Health
  • Indian Gaming

 
  • Indian Trust
  • Jack Abramoff Scandal
  • Jobs & Notices
  • Law
  • National

 
  • Opinion
  • Politics
  • Sports
  • Technology
  • World
  • Indianz.Com

    Native American news, information and entertainment. Owned and operated by Ho-Chunk Inc., the economic development corporation of the Winnebago Tribe. Call us at 202 630 8439 (THEZ)

© Copyright: Indianz.com