$18 billion<\/a> relief package. The tribes with insufficient cash reserves are most at risk for permanently closing<\/p>\nLost Revenue at Tribal Casinos Totals $1.5B<\/h2>\n
Nationally, during the first two weeks of closure of tribal casinos, Meister Economic Consulting estimated that the gaming properties saw $1.5 billion lost in gaming and non-gaming revenue. Also, some 296,000 people are now out of work, and there are $332 million in lost wages as a result of the closings. There is also $240 million in lost taxes and revenue sharing received by federal, state, and local governments.<\/p>\n
Alan Meister, CEO and principal economist of the firm, said, \u201cThese closures are causing significant detriment to Native American tribes, many of which rely heavily on gaming related revenue to pay for tribal government operations, infrastructure, and social and economic programs and services for a Native American population that is already substantially disadvantaged.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
While tribes are increasingly short on revenue given the closing of gaming venues during the coronavirus pandemic, the US Department of Housing and Urban Development (HUD) has come up with $200 million in grants for Native Americans located in 35 states. The block grant money can be used for housing costs related to the outbreak. […]<\/p>\n","protected":false},"author":44,"featured_media":132837,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\n
HUD Provides $200M to Native Americans, Casinos Remain Closed<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n