Diversify for the Future, when Native Americans wont have the Monopoly in Casino Slot Gaming in the United States any longer: The key to our Tribal Economic Success: In comparison, gaming typically accounts for just 40 percent of a facilitys take in Las Vegas. (Putting all your Eggs in one Basket is Bad Business and Poor Economic Planning). Think about it. Thats why CEO Felix Rappaport, who started his new post last week, plans to put more attention on entertainment, food and other options at the 8.1 million square-foot facility. He hopes to move Foxwoods toward the 65 to 70 percent range. This property is a great canvas, Rappaport told The New London Day. Its a great opportunity to build on what weve accomplished. Going forward, with the proper vision and refocusing, we can certainly have more success than weve had in the last seven years. The facility will be seeing a big change next May, when it opens a $120 million outlet mall. Theres also discussions about a water park near the casino. (We, the Colville Confederated Tribes own over 1.4 million acres: Land isnt our problem. Thinking like a Monopoly which will eventually end, not just in Washington State, but all other Tribes in the Nation).
Posted on: Thu, 27 Nov 2014 01:43:22 +0000
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