rxwine
rxwine
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August 8th, 2012 at 11:08:36 PM permalink
Nice work if you can get it.

Quote:

Today, the Shakopee Mdewakanton are believed to be the richest tribe in American history as measured by individual personal wealth: Each adult, according to court records and confirmed by one tribal member, receives a monthly payment of around $84,000, or $1.08 million a year.

The financial success of the 480 members of the Shakopee Tribe — whose ancestors 150 years ago were hunted down, slaughtered and eventually exiled from Minnesota — derives from their flourishing casino and resort operation, which on weekends swells the population of their tiny reservation to the size of a city.

“We have 99.2 percent unemployment,” Stanley R. Crooks, the tribe’s president, said as he smiled during a rare interview. “It’s entirely voluntary.”




http://www.nytimes.com/2012/08/09/us/more-casinos-and-internet-gambling-threaten-shakopee-tribe.html?pagewanted=all
There's no secret. Just know what you're talking about before you open your mouth.
rxwine
rxwine
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Joined: Feb 28, 2010
August 8th, 2012 at 11:18:17 PM permalink
The article goes on to say the tribe is sweating the their wealth, because of various legislation and possible competition.

Let's see: 1) got lots of money now, check
2) OMG the gold mine is going to dry up?

Uh, that's not a problem. Unless you're MC Hammer or one of those people who do nothing but blow their fortunes and do nothing to figure out how to invest current wealth.
There's no secret. Just know what you're talking about before you open your mouth.
FleaStiff
FleaStiff
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August 9th, 2012 at 12:12:32 AM permalink
Many tribes are diversifying before the Golden Goose is weakened by legalized Internet gambling or by competition from other Indian tribes.

Its weird how most of the wealth is created by political loopholes and often-concocted tribes created by lawyers.

Off-reservation gambling, internet gambling and White-Man owned gambling are threats. Alabama still has the lone voice in the wilderness of Equal Taxation as a guise for Taxing the Indian Casinos out of existence.
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