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Tribal Gaming and REITs: Weighing the Risks and Rewards
In October 2024, the Ione Band of Miwok Indians completed a landmark project financing for the Tribe’s Acorn Ridge Casino project. This project was financed by capital source previously thought to be unavailable to Indian County, the publicly traded Real Estate Investment Trust (REIT) Gaming and Leisure Properties, Inc. (GLPI). Hear directly from the transaction participants about how this novel financing structure enabled Ione's project and what doors this opens for Indian Country.
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