US House Passes $3 Trillion Economic Relief Package With $24 Billion for Indian Country
Speaker of the House Nancy Pelosi says the Heroes Act is an “urgently-needed legislation to protect the lives and livelihoods” of U.S. citizens and also the “life of our democracy.” (Photo by Gage Skidmore, Flickr/CC) On Friday, the U.S. House of Representatives...
Seminole Tribe Purchases All Rights to Hard Rock Brand, Trademarks in Vegas
Hard Rock International recently purchased all rights to the Hard Rock brand and related trademarks allowing the Seminole Tribe of Florida the agency to open a Hard Rock property in Las Vegas.The Seminole Tribe's 2006 purchase of Hard Rock International marked a...
Ucross Foundation Awards Spring 2021 Native American Visual Fellowship to Artist Eliza Naranjo Morse
Naranjo Morse is the seventh Native American artist to receive this award, which includes a four-week residency at Ucross. Ucross, WY — Ucross, the renowned artist residency program, today announced artist Eliza Naranjo Morse (Santa Clara Pueblo) will receive the...
HEROES Act Includes $20B in Direct Funding to Tribes to Counter Coronavirus Impacts
The newly unveiled House Democratic plan, the HEROES Act, or the Health and Economic Recovery Omnibus Emergency Solutions Act, includes another $20 billion in direct funding for Tribal governments to counter “the fiscal impacts” of the COVID-19 pandemic. The...
Doyon, Ltd. Obtains Majority Stake in Tectonic Metals
Doyon, Limited, one of Alaska's largest Native regional corporations, has acquired a 22.3% ownership stake in Tectonic Metals Inc. Doyon's $1,500,000 investment strengthens its existing partnership with the Canadian junior mining company. Tectonic was founded by a...
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Gary Davis in USA Today: US Government Must Honor Commitments to Native Americans
“Our people are vulnerable to COVID-19 and our most consistent revenue generator, land-based casino gaming, has disappeared virtually overnight.” —Gary Davis An opinion piece published today in USA Today by Native Business Founder, Publisher and CEO Gary Davis...
Call to Arms: The Attack on Economic Arms of Tribes and Sovereignty
According to veteran lawyer Pilar Thomas, a member of the Pascua Yaqui Tribe of Arizona, there are only three ways a Tribe can raise revenue for Tribal governmental purposes.
Feds Set Aside COVID-19 Aid for Indian Country. But Does it Meet Tribes’ Needs?
“We were looking for $20 billion, and we’re still looking for $20 billion," said NCAI Chairman Kevin J. Allis. It's been nearly two weeks since President Trump signed into law the CARES Act, a $2.2 trillion package to deal with the effects of the novel coronavirus...
Chairman Pierite: Mobiloans Is a ‘Godsend’ for the Tunica-Biloxi and its Consumers
Tunica-Biloxi Chairman Marshall Pierite says Tribal lending entity MobiLoans, LLC, is a lifeline to the Tribe and their consumers during the current coronavirus and financial crisis. While the gaming and hospitality industry may anchor the economy of the Tunica-Biloxi...
Reps. Lead Push for Tribal Small Businesses to Access Relief During Coronavirus
Rep. Sharice Davids, Vice-Chair of the Congressional Native American Caucus, said: "It’s essential that Tribal small businesses can access these critical loan programs as Congress intended so they can pay their employees, keep their businesses afloat, and to help...
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In December 2020, Puyallup Tribe to Bring Vegas-Sized, $370M Emerald Queen Casino to Shores of Puget Sound
This December, the Puyallup Tribe will open the doors to a new 310,000-square-foot facility — expected to rival not only their regional counterparts, but the best casinos in Las Vegas.
Tribal Member Laura Stensgar, Instrumental in Circling Raven Golf Club’s Success, Named CEO of Resort
The amenity-rich Coeur d’Alene Casino Resort Hotel — named “Tribal Destination of the Year” for 2019 — has appointed Laura Stensgar as CEO of the Northern Idaho destination property.
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Issues of Native Business Magazine are available for purchase digitally for easy viewing on your phone, tablet or computer. Purchase them all now by navigating to the “Magazine” tab in the menu above!
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Our Success & Finance issue charts the business breakthroughs of Tribes and Tribal entrepreneurs in “The Greatest Success Stories of 2019.” We also pay homage to perseverance and tireless devotion to Indian Country. Ernie Stevens, Jr., and Cheryl Stevens, his wife of 37 years, grace one of the covers. We honor Ernie Stevens’ nearly 20 years of stewardship to Indian gaming as Chairman of NIGA. Tunica-Biloxi Chairman Marshall Pierite is featured on the opposite cover. He shares how gaming helped his Tribe “to transition from a surviving community to a thriving community,” and reflects on recent success in the financial services industry. We shine a light on financial institutions, such as Stearns Bank, and consider the investment strategy of Mno-Bmadsen. Meanwhile, the DOE’s James E. Campos, underscores: “Energy is our new economy, it is our new currency, and Native Americans play a large part in this equation.”
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GAMING
Minnesota Tribal Casinos in Varying Stages of Reopening
Seven Clans Casino, Warroad reopened on May 28 with restricted hours and safety requirements including masks must be worn at all times. (Courtesy Red Lake Nation)Minnesota’s 19 Tribal casinos are owned and operated by its 11 federally recognized Tribes, and those that...
In December 2020, Puyallup Tribe to Bring Vegas-Sized, $370M Emerald Queen Casino to Shores of Puget Sound
This December, the Puyallup Tribe will open the doors to a new 310,000-square-foot facility — expected to rival not only their regional counterparts, but the best casinos in Las Vegas.
Tribal Member Laura Stensgar, Instrumental in Circling Raven Golf Club’s Success, Named CEO of Resort
The amenity-rich Coeur d’Alene Casino Resort Hotel — named “Tribal Destination of the Year” for 2019 — has appointed Laura Stensgar as CEO of the Northern Idaho destination property.
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Heather Abbey Funded Indig Inc With her Business Competition Winnings
If there’s one thing Heather Abbey is not, it’s risk-averse. Cree from Little Pine First Nation, residing in Saskatoon, Abbey wasn’t afraid to buy a one-way ticket to a business competition without having enough funds to get back home.
Navajo Leaders Met With White House Officials to Deter NGS Shutter
Navajo Nation officials met with representatives from the Trump administration and the Energy and Interior departments this week to discuss options to save the Navajo Generating Station (NGS) ahead of its slated closure in 2019.
Tuba City Project: Business Incubation Meets Co-Working on the Navajo Reservation
The Tuba City Project, a hub for entrepreneurs, is coming to the western side of the Navajo Reservation, prospectively in July 2019.
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Podcast Episode 12: Bill McClure on Intellectual Property, Website Domains & Native Buying Power
Bill McClure, a member of the Muscogee (Creek) Nation, launched Native American Coffee in 2008. Now the company grosses about $5 million in annual revenue. Native Business Podcast - Episode 12 was recorded prior to the outbreak of the Coronavirus (Covid-19) Pandemic...
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