Tribes Seek Financial Expertise

Looking for a new banking niche for your local financial institutions? Try the Indian tribes that are operating major gaming facilities and resorts. The casinos certainly have plenty of money to spread around. A total of 330 tribal gaming operators generated $14.5 billion in revenue for fiscal years ending in 2002, according to the most recent data provided by the National Indian Gaming Commission, an independent federal regulatory agency of the United States. That's a significant increase from the $8.5 billion in revenue generated by 297 operators in 1998. Today, 48 of the 50 states have Indian gaming in some form.

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