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Jesus Malverde

(10,274 posts)
Sun May 17, 2015, 12:21 AM May 2015

Business booming for Cherokee Nation: Report shows $1.55 billion impact

To reach Friday’s luncheon, guests walked through the Hard Rock Hotel’s busy lobby, with tourists lining up to check in, then across the casino floor, crowded with noontime gamblers.

So it was obvious, even before Cherokee Nation officials handed out this year’s Economic Impact Report, that business is booming for the tribe. But the financial numbers from 2014 were so high, they surprised even the people who calculated them.

The Cherokee Nation had a $1.55 billion economic impact last year on northeast Oklahoma, including a $460 million impact on Tulsa County alone, according to an analysis performed for the tribe by economists at Oklahoma City University.

That’s up more than 50 percent from just five years ago, when the tribe reported a $1 billion economic impact.

http://www.tulsaworld.com/business/finance/business-booming-for-cherokee-nation-report-shows-billion-impact/article_760c9f87-d04b-595e-9197-5fa5b4cb5f29.html?mode=story

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