Legislative infighting overshadows child care crisis
Without immediate action from the General Assembly, Pandemic-era federal grants to child care providers will run out on July 1 — plunging the state into a child care crisis that will hamper economic and workforce development, make child care more difficult to find and further burden North Carolina’s working parents already feeling the pinch from unaffordable housing and the relentless corporate greed that’s driving inflation.
Tribe explores pathway to tax-free casino distributions
Starting in March, members of the Eastern Band of Cherokee Indians may have the chance to sign up for a program that will let them receive casino distributions without reporting them as income on federal taxes.
June per capita payments exceed pre-pandemic levels
Despite a raging pandemic, Harrah’s Cherokee Casinos’ revenues for October 2020 through March 2021 delivered a larger per capita payment to tribal members than the last June distribution based on pre-pandemic earnings.
Pandemic hit to per cap payments smaller than feared
Due to decreased casino profits related to the pandemic, December per capita payments to members of the Eastern Band of Cherokee Indians will be only about two-thirds the size of last year’s distribution — but that number is better than expected.
Pandemic hit to per cap payments smaller than feared
Due to decreased casino profits related to the pandemic, December per capita payments to members of the Eastern Band of Cherokee Indians will be only about two-thirds the size of last year’s distribution — but that number is better than expected.
Cherokee approves early gaming disbursements for housing
Young Cherokee tribal members could soon be able to use their gaming allocations to pay for housing following a unanimous vote from Tribal Council last month.
Casino profits set records
Tribal members received the largest per capita distribution ever released from casino profits when payments of $7,007 were released Monday, Dec. 3, bringing the yearly distribution for 2018 to $12,559 before taxes.
Per capita loan program approved in Cherokee
Twice each year, every Cherokee tribal member gets a payout of thousands of dollars — called a per capita payment — based on profits at the two tribally owned casinos.
Tribe encourages youth to use windfall to become entrepreneurs
By Colby Dunn • Correspondent
Since Harrah’s Cherokee Casino opened and started bringing an influx of steady cash to the Eastern Band of Cherokee, it’s been a boost to both the tribe and its more than 13,000 members. Annually, individual members benefit to the tune of several thousand dollars a year, and the Cherokee Enterprise Development Center is hoping they’ll turn that money into much more with their own small businesses.
Cherokee banks brace for rush when casino checks go out
Twice a year, Dorothy Posey arrives for her job at Mountain Credit Union in Cherokee knowing one thing: the lines will be long.
Not the sort of long by normal bank standards, like the 10-person-deep line that might form during the peak of Friday afternoon payday traffic. But so long that the line from the teller’s counter will snake out the credit union’s front door and continue to pile up outside.