A decent number, even for Wall Street.
The National Indian Gaming Association reported the above amount of gaming revenues for 2005 the other day. Another year of double-digit growth. Nice.
I wonder where all the money is going? In our travels across Indian Country we don't see Native people prospering with double-digit growth of incomes or net-worths or portfolio balances.
My real wish would be for gaming tribes to report profits. Those are never disclosed.
Profits would show too much money for few tribes and would make it hard to stomach for so many other tribes and individuals.
Native American Advisors, Inc., CHIPPEWA PARTNERS
- Dean Parisian
- CHIPPEWA PARTNERS is a Registered Investment Advisor and provides investment management to private investors, retirement plans and Native American tribal entities. Founded in 1995 as a fee-only money manager we are about doing the right things the right way and our expertise developed over 25 years balances financial acumen with absolute integrity. Dean Parisian, member of the White Earth Chippewa Tribe is a former NASD and NYSE arbitrator and very successful trader who started his career on Wall Street in 1982 with Kidder Peabody and then with Drexel Burnham Lambert. The firm is a Life Member of the National Congress of American Indians and adheres to fiduciary standards. As a private, unbiased firm we know what to do and are prepared to do it. We invite your inquiry to manage your assets. ChippewaPartners@aol.com. Office: 877-772-1621 www.chippewapartners.com
Wednesday, July 26, 2006
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