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Ken Adams Gaming Guru - Page 11Quicktakes - The month's trends in a glance - March 200415 June 2004
The economy in March produced the same set of mixed reports and results that have
characterized at least the last year, if not the entire period since September
11, 2001. The stock market indexes, Dow, NASDAQ and S & P, were all down,
but only about 2 percent. However, for the first time this year job ... (read more)
Bits and Pieces from Indian Country - March 200415 June 2004
California continues to make Indian gaming news. Governor Schwarzenegger seems
to be getting closer to an agreement with some of the tribes. Cache Creek has
just opened a $200 million expansion and appears to be willing to share for the
opportunity to get as many slots as the market will bear. ... (read more)
Quicktakes - The month's trends in a glance - April 200415 June 2004
The economy continued to improve in April, but that did not mean that the stock
market went up. In fact, the Dow and S & P indexes are down about 2 ½
percent since the beginning of the year and the NADAQ is down 7 ½ percent.
It is not easy to understand, the first quarter earning results were generally ... (read more)
Bits and Pieces from Indian Country - April 200415 June 2004
Federal recognition gets top billing again this month, Congress is holding hearings
on the process, several tribes are close to receiving notice of recognition or
not and the opposition is becoming even more organized and adamant. The most vocal
and consistent of the opposition voices is Connecticut ... (read more)
Quicktakes - The month's trends in a glance - February 200415 June 2004
February isn't January normally, nor was it this year. The economy is still okay
and growing, but the growth was slower. Jobs growth was not what the Administration
had hoped, and the regular economic measurement reports were weaker than in January.
Still it is better than a year ago, or two years; the stock market may be flat,
but it is flat at 10,500, not 7,500. ... (read more)
Bits and Pieces from Indian Country - February 200415 June 2004
Minnesota and Wisconsin were among the first states to have Indian gaming, early
in the 1990s. Indian gaming continues to be important in both states, important
to the economy and important in politics. Minnesota like many states is using
non-Indian expansion to attempt to get more money from the tribes, much like California,
only with the initiatives competing for ballot position. ... (read more)
Quicktakes - The month's trends in a glance - January 200417 March 2004
The first month of 2004 is over; there is no new war on the horizon, but there
is a presidential campaign, which to some might be the same as a war. The campaign
will dominate the media if not the economy. The incumbent president is certainly
motivated to continue the economic improvement, and that should be good for business
in general. ... (read more)
Bits and Pieces from Indian Country - January 200417 March 2004
Gaming and politics are natural bedfellows. Gaming is a highly
regulated industry; the enabling legislation and the taxation originate with politicians
in their capacity as legislators. Indian gaming can be even more political that
the rest of the industry. The enabling legislation and at least one level or regulation
came from Congress. ... (read more)
Quicktakes - The month's trends in a glance - December 200319 February 2004
2003 has stepped down, and 2004 is mounting the stage. Things are definitely looking
up. Take the stock market indexes, for example. The Dow is over 10,000 and closing
in on 10,500; the Nasdaq is over 2,000 and the Standard & Poors is over 1,100,
all record highs for the last 52 weeks. Saddam was found ... (read more)
Bits and Pieces from Indian Country - December 200319 February 2004
The Bureau of Indian Affairs has a new administrative leader, Dave Anderson, Famous
Dave to some. It is not going to be an easy job. Over the last two hundred years,
there has been a great deal of criticism of the federal government's role in regulating
life in Indian country. The government was ... (read more)
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