Navajo Nation casino reports biggest net win in first quarter

Monday, May 31, 2010  

The Navajo Nation reported a net win of $11.7 million in the first quarter of 2010, the biggest in the history of the Fire Rock Navajo Casino in New Mexico.

Last year, the casino reported a net win of more than $41 million. "It's a success," Navajo Nation Council Delegate LoRenzo Bates told The Gallup Independent.

LoRenzo represents the Upper Fruitland Chapter. His community could get a boost from gaming with an $80 million casino whose financing plan was approved by a council committee last week.

The tribe expects to open the casino in October 2011. The facility will include a hotel and will be larger than the Fire Rock casino.

In total, the council committee approved $300 million in financing plans for six casinos.

Get the Story:
Navajo rapidly expands gaming (The Farmington Daily Times 5/30)

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Navajo Nation moves ahead with plans for five new casinos (5/24)