The Seminole Tribe of Florida plans to expand the Hard Rock restaurant, hotel and casino chain, which it purchased last year for nearly $1 billion.
The tribe wants to double the number of Hard Rock Cafes to about 250 and have about 90 hotels. Asia, Latin America and Eastern Europe are the target markets.
''If gaming is allowed in a country, we're going to look into it,'' Max Osceola, a tribal council member, said at a press conference in London, Bloomberg News reported. "But we're not going to be the champion -- we'll go with the flow."
The tribe operates two successful Hard Rock casinos and hotels on its land in Florida.
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Seminoles plan aggressive Hard Rock expansion
(Bloomberg News 6/26)
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Business Deals
Seminole Tribe plans worldwide Hard Rock expansion
Tuesday, June 26, 2007
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