The worst economic recession in decades hasn't been kind to many tribes with casinos and some of them are facing even more pressure from outside entities and the federal government.
The Mashantucket Pequot Tribal Nation of Connecticut decided to eliminate per capita payments to its members as it seeks to negotiate $1.3 billion in gaming-related debt. The woes come as tribe's revenues sank to new lows as a result of the recession.
Meanwhile, the Internal Revenue Service is going after three successful gaming tribes. The agency wants to know how the Seneca Nation of New York and the Miccosukee Tribe of Florida are spending their gaming revenues.
And the National Indian Gaming Commission says the Seminole Tribe, also of Florida, misused casino revenues in violation of federal law.
Get the Story:
Gaming Tribes Facing Fresh Financial Scrutiny
(GamblingCompliance 7/16)
Subscription may be required to view article.
Stay Connected
Contact Us
indianz@indianz.com202 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
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
• Ak-Chin Indian Community breaks ground on expansion of casino• Still no bidders on second commercial casino in southeast Kansas
Indian Gaming Archive