Commercial casinos an increasing option for tribes
When MGM Resorts International built a $1 billion hotel casino in Springfield, Massachusetts, near the border with Connecticut, it made perfect sense for the Mohegan and Mashantucket Pequot tribes to pursue a competing project in East Windsor.
- Adding the Energy
- Konami Gaming : Silent Hill
- Slow recovery expected for United States casino
GOING TOTHE And when the Poarch Band of Creek Indians sought an investment opportunity to capitalize on its casino resort and entertainment interests in Alabama, the tribe’s Wind Creek Hospitality invested $1.3 billion in Sands Casino Resort Bethlehem in Pennsylvania.
The move off the reservations is to be expected. “There are tribes seeking to become new entrants into the gaming market. But by and large, most federally recognized tribes that want to engage in gaming are already doing it.”
GOING TOTHE The corporation’s six-member board of directors is appointed by the band’s chief executive, but ratified by the Band Assembly.
These economies developed based on countless generations of learning from each other, and for each other. That continues today with Mille Lacs Corporate Ventures, generating economic stability and opportunity for all people in the region.”
As a company, MLCV has carefully invested time, talent and resources to build a social and economic foundation. It has amassed a portfolio that spans five industries—gaming, hospitality, marketing and technology, in-district investing in and around the reservation, and government contracting.
As a company, MLCV has carefully invested time, talent and resources to build a social and economic foundation.
Some notable businesses within its portfolio are Grand Casino Mille Lacs and Grand Casino Hinckley, two of Minnesota’s premier entertainment destinations; the InterContinental St. Paul Riverfront Hotel; the DoubleTree by Hilton Downtown St. Paul; the DoubleTree by Hilton Minneapolis Park Place; and the Embassy Suites by Hilton Oklahoma City Will Rogers Airport—all managed by Maadaadizi Investments, a wholly owned subsidiary of
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