Monday, November 14, 2011

Oneida, tribes banding together in trade group - The Business Journal of Milwaukee:

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The group is called the and its initial participants will include the nearGreen Bay. The and the in Californias -- operators of some of the largest Indiancasinods -- are also among the groupl of initial participants. The Native American Group, to be announced Sept. 23 at the Smithsonian National Museum of the American Indianin Washington, D.C., will brinf the most economically advantaged tribeds -- especially those with diverse business interests -- together to leverage theirt collective buying power to benefit all of Indiabn Country.
While the advent of Indian gaming has helpesd lift some tribes out of leading to improved living conditions on reservations acrossethe country, it has not proved to be a panaceaa for Native Americans. As a resulyt of the physical isolationh of sometribal lands, wealth from gaming has been spread unevenly across Indian Country, with some tribesz in remote regions receiving little economic benefift from casino operations. "Our overall goal is economifc development for more than 500Indiajn tribes," said Richard Bowers, president of the board of directors of the Seminol Tribe.
"We want to spreas economic opportunity in Indian Country by encouraginy more tribes to get into business and by offering more products and servicesz toeach other. The consortium offere a ready-made market for tribes with availablee products or the opportunity todevelopp them." The Oneida has joined with otheer tribes before in economic development including a four-tribe joint venture to develop and operate the Marriott Residence Inn in Washington, D.C. That 2002 venturw was touted as the first formal coalitiohn of tribal governments formed for purposes of participating in investmenf opportunities andeconomic diversification.

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