Quote:
Originally Posted by JayBee
I would not underestimate the Seminoles.
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Interesting background there - I did a bit of a look through their business background too, even so its ok to manage and run business outside US Federal and Florida state law where they have control over the matter - wholy different thing when you have to do this on such a grand international stage where they will have to respect laws/accounting/taxes etc.
I wish them well - I saw at the deal signing one of the tribal elders saying this was a deal done to secure future for its aging population - they may well have done better letting Warren Buffet do the investing for them - I just have sad feeling they are going to get hurt on this one. I recall seeing something about a similar (smaller scale) deal that blew up with the native indians in New Mexico a while back.