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Cherokee Nation Businesses reports lower gaming revenue, stronger bottom line and $1 billion in contract wins
Summary
At an Executive and Finance Committee meeting May 29, 2025, Cherokee Nation Businesses CEO Chuck Gehr told the committee that gaming revenues were down in April but net income improved due to expense management; he also reported that the business division crossed $1 billion in federal contract awards year-to-date and provided employment figures.
Chuck Gehr, chief executive officer of Cherokee Nation Businesses, told the Cherokee Nation Executive and Finance Committee on May 29 that April gaming revenue was down from prior expectations but the division’s bottom line improved after aggressive expense management.
Gehr said consumer confidence — both in Oklahoma and nationally — remains low and that lower discretionary spending has affected the Nation’s gaming operations.…
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