Seminole council member in NIGC violation report resigns post

Regulation
Seminole council member in NIGC violation report resigns post
Thursday, July 1, 2010

David Cypress, a council member for the Seminole Tribe of Florida who was named in a recent National Indian Gaming Commission report, resigned his position to "take a rest," a spokesperson said

Cypress, 58, was accused of violating the Indian Gaming Regulatory Act. The NIGC cited two instances in which he allegedly used tribal casino revenues for purposes not authorized by the law.

Cypress, who is the brother of chairman Mitchell Cypress, was well known for his lavish spending. In one year alone, he spent $28 million on his district, according to an investigation by The South Florida Sun-Sentinel.

Get the Story:
Amid scandal, Seminole's powerful Cypress resigns (The South Florida Sun-Sentinel 7/1)
Credit rating agencies hit Seminole tribe for weak financial controls (The Tampa Bay Tribune 7/1)
Gaming compact brings changes to Ocala card room (The Ocala Star-Banner 7/1)
Hollywood ‘hits the jackpot’ in new gaming agreement with Seminoles (The Hollywood Gazette 7/1)
Tampa's Seminole casino to feature high-stakes poker (The Tampa Tribune 6/30)

Relevant Documents:
Notice of Violation to Seminole Tribe (June 3, 2010)

Related Stories:
Law Article: NIGC and IRS put casino revenue under scrutiny (6/16)
NIGC accuses Seminole Tribe of misusing gaming revenues (6/4)

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