Tribal Government Gaming 2019 | Page 24

Opportunity Knocks

GOING TO THE

Dark Side

Commercial casinos an increasing option for tribes

By Dave Palermo

When the state of Arkansas expressed an interest in legalized casino gambling , it came as no surprise that the Quapaw and Cherokee Indian Nations of neighboring Oklahoma would finance the ballot initiative that got the industry up and going .

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 .
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 .
“ We ’ ve proven ourselves when it comes to gaming and hospitality ,” says Robert McGhee , vice chairman of the Poarch Band , which operates three hotel casinos in Alabama and more than a dozen non-gambling hotels in the Southeast and Caribbean Islands .
American Indian tribes are parlaying skills and experience gained through 30 years of operating tribal government casinos on Indian lands with a growing list of commercial casino ventures in the United States and overseas .
Rather than operating casinos under the Indian Gaming Regulatory Act ( IGRA ) of 1988 , which exempts tribes from state taxes and allows them primacy in regulating their gambling operations , tribes are wading into the commercial gaming sector .
The move off the reservations is to be expected . With the growth of the $ 32.4 billion tribal casino industry to some 500 gambling operations in 29 states , opportunities on Indian lands have dissipated .
“ With some exceptions , the Indian gaming market is fully developed ,” says Bryan Newland , chairman of the Bay Mills Indian Community of Michigan and a former counsel with the Department of the Interior . “ 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 .”

Opportunity Knocks

About 250 of 370 tribes in the lower 48 states operate reservation casinos . Another 80 or so receive funds from tribal casinos or lease machines . Others are too remote or lack land upon which to build casinos .
“ Most of the opportunities in Indian Country have already been developed ,” agrees Kristi Jackson , chairman of TFA Capital Partners , an in-
The Poarch Band of Creek Indians , which operates very successful Wind Creek casinos in Alabama , bought Sands Bethlehem in Pennsylvania , the tribe ’ s first foray into commercial gaming
24 TRIBAL GOVERNMENT GAMING 2019