Per cap numbers indicate faltering casino revenues
The most recent per capita distribution numbers indicate flagging revenues at the two casinos operating on Eastern Band of Cherokee Indians lands in Jackson and Cherokee counties.
Ante up: High-stakes poker tournament brings thousands to Cherokee
Gone are the days of backroom poker tournaments where players peer through a haze of smoke just to see their cards.
Tribe ends interest-only payments for gaming ventures
With much of the conversation taking place in closed session, the Eastern Band of Cherokee Indians Tribal Council passed a trio of resolutions Aug. 3 pertaining to the tribally owned EBCI Holdings LLC.
Cherokee chief candidates make their case: Tribal finance, business ventures key issues in 2023 race
As voters ponder the ballot for executive offices within the Eastern Band of Cherokee Indians next month, they’ll be looking at a list of familiar names.
Expanded sports betting could add to EBCI per cap
Tribal members could see their per capita checks grow after the Eastern Band of Cherokee Indians expands its gaming business in accordance with a new state law authorizing sports wagering in North Carolina.
EBCI welcomes new sports wagering law: Law will increase competition, but allow mobile betting
When sports wagering started in Cherokee two years ago, the Eastern Band of Cherokee Indians’ two casinos were the only places in North Carolina where such wagers were legal.
Tribe approves $64 million for cannabis enterprise
F Following more than an hour of discussion capping off months of debate, the Cherokee Tribal Council voted April 6 to fully fund its cannabis enterprise’s eight-figure startup funding request.
What are the odds of a casino in Asheville? State considers expanding legalized gambling
North Carolina can support as many as nine Las Vegas-style casinos with gambling throughout the state, including one in the Asheville area, according to a report commissioned by the General Assembly.
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.
Tribe, Caesars break ground on $650 million Virginia casino project
At an Aug. 11 event that Principal Chief Richard Sneed said felt more like a pep rally than a ceremony, the Eastern Band of Cherokee Indians broke ground on a $650 million casino development in Danville, Virginia, in partnership with Caesars Entertainment.