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Cherokee Nation CEO reports gaming softness, federal contracting slowdown and diversification strategy
Summary
CEO Chuck Garrett told the Executive and Finance Committee on Feb. 27 that gaming revenue is softening across the portfolio, federal contracting awards are timing‑constrained by agency disruptions, and the Nation is pursuing diversification and targeted acquisitions; he also reported workforce composition figures.
CEO Chuck Garrett reported to the Cherokee Nation Executive and Finance Committee on Feb. 27, 2025, that the tribe’s gaming operations are experiencing a period of softer demand while federal contracting activity is delayed by disruptions inside customer agencies.
"We're seeing it's softening right now, across our portfolio," Garrett said of the gaming business, adding that seasonality and tax-refund timing influence customer visits. He told the committee he met with Aristocrat, a global gaming‑equipment manufacturer, to discuss industry trends and that publicly…
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