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Casinos and consulting? Pandemic spurs tribes to diversify

Hit hard by COVID-19 shutdowns, Native American tribes with casinos are taking a closer look at diversifying their portfolios to help keep their sovereign nations economically strong for future generations. The Mashantucket Pequots own the Foxwood Resort Casino complex in southeastern Connecticut. The tribe announced last summer that its investment arm acquired a Florida-based management consulting firm that works with various federal agencies. The acquisition marked the tribe’s latest foray i...
New York United States South Dakota Terri Fitzpatrick Jon Panamaroff Patrick Davison
Source: kstp.com

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Casinos and consulting? Pandemic spurs tribes to divers...

Hit hard by COVID-19 shutdowns, Native American tribes with casinos are taking a closer look at diversifying their portfolios to help keep their sovereign nations economically strong for future generations. The Mashantucket Pequots own the Foxwood Resort Casino complex in southeastern Connecticut. The tribe announced last summer that its investment arm acquired a Florida-based management consulting firm that works with various federal agencies. The acquisition marked the tribe’s latest foray i...
New York United States South Dakota Terri Fitzpatrick Jon Panamaroff Patrick Davison

Casinos and consulting? Pandemic spurs tribes to diversify – Metro US

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/casinos-and-consulting-pandemic-spurs-tribes-to-diversify/"></div>MASHANTUCKET, Conn. (AP) — When the COVID-19 pandemic shuttered Foxwoods Resort Casino in Connecticut for three months in 2020, its owners, the Mashantucket Pequot Tribal Nation, had to reckon with decades of relying heavily on gambling as the tribe’s main source of revenue. “The fact that the casino revenues went from ...
New York United States South Dakota Terri Fitzpatrick Jon Panamaroff Patrick Davison
Source: metro.us

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