Cherokee Nation CEO: gaming strong while federal contracting faces challenges; diversification showing early gains
CEO Chuck Garrett told the Executive and Finance Committee that gaming operations remain strong but federal contracting is strained; he said private equity returns and a growing utility-services business are beginning to offset federal headwinds.
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Chuck Garrett, CEO, told the Cherokee Nation Executive and Finance Committee that recent financials show a mixed picture: strong performance in gaming but continued pressure in federal contracting. "Our gaming business is strong, uh continuing to perform well both uh you know, commercially and in Indian gaming," Garrett said as he reviewed the August financial package.
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