As Las Vegas Sands axes jobs in its Nevada casinos and other operators cut back staff because of the state of the economy, Indian tribes are moving forward with casino expansion all over the country.
Tribes have been trying to put land in trust in order to build new casinos. In Florida, lawmakers are working on a new pact with the Seminole Indians to bring expanded gambling to the Seminole casinos in the state.
The Seminoles have already started offering blackjack at their Seminole Hard Rock Casino in Hollywood, Florida. In other states, casinos are in the process of being built by Indian tribes.
A financial analyst was reported as saying: “Because the tribes do not have to abide by the same laws as these other casino companies, they are not getting hit as hard by the rough economy. That is freeing them up to continue expansion while these other companies scale back.”
