Indian Tribes Continue To Expand Casinos In Face Of Bad Economy

Las Vegas Sands Corp. is eliminating jobs from their casinos in Nevada. several other casino companies are also having to cut back staff because of the current state of the economy in the United States.

While all of these companies struggle to stay out of bankruptcy, Indian tribes are moving forward with casino expansion all across the country. Tribes have been trying to put land in trust in order to build new casinos.

With the big companies struggling, laws are being changed in areas to help them out. Nevada was considering lowering the gambling age to eighteen. That idea comes from politicians who are desperately trying to help their state casinos.

In Florida, lawmakers are working on a new pact, which is eerily similar to the one that Governor Charlie Crist signed 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.

"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," said Bronson Hemraddy.

December 13, 2008
Posted By April Gardner
Staff Editor, CasinoGamblingWeb.com
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