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Some tribes, with and without casinos, have gotten involved in a wide range of non-gambling businesses.

The pandemic has been the latest sign that tribal governments with casinos can't depend solely on slot machines and poker rooms to support future generations.

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 into federal government contracting. Other Native American tribes also are looking beyond the casino ...

Casinos and consulting? Pandemic spurs tribes to diversify | 2023-02-27 00:04:38

<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 millions to zero overnight […]<!-- AddThis Advanced Settings above via filter on get_the_e...