Chickasaw Nation boasts 'highest ever' profits with nearly $1.5 billion in gaming revenue
While the state of Oklahoma has been muddling through a revenue failure, revenues have been booming for another governmental entity headquartered in this state.
The Chickasaw Nation, headquartered in Ada, took in more than $1.44 billion in revenue net of gaming prizes in the fiscal year that ended Sept. 30.
That was an 11 percent increase over the $1.3 billion in revenue the tribe reported the previous fiscal year.
"Net profits from our businesses are the highest ever in Chickasaw Nation history," said Tony Choate, spokesman for the Chickasaw Nation. "Our casinos continue to do very well. We continue to reinvest in our existing businesses as we diversify our business portfolio."
Read more: http://www.tulsaworld.com/homepagelatest/chickasaw-nation-boasts-highest-ever-profits-with-nearly-billion-in/article_45dd53bb-ef75-504a-b6a8-72d723ea3bca.html
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