![]() ![]() To pay for the cost of those liabs, banks turn them into assets: lending deposits as small business loans, mortgages, etc. Liabilities cost money……”cost” both to serve those clients (branches, tellers etc ) and any interest the bank pays you on your checking account (deposit).Ģ. When banks accept deposits from clients, they OWE the client that money. ![]() How’s that a problem? It sounds great, right?ġ. Learn more about this acquisition in the link below.Ĭherokee Nation Businesses Completes Acquisition of Gold Strike Casino Resort Simply put - the growth and expansion of our businesses allows us to better serve our purpose and give more back to our Nation and the Cherokee people. A greater dividend means more funding for education, health care, elder care and other programs and services. This strategy includes growing our businesses outside the reservation through mergers and acquisitions. ![]() To continue to grow and better serve Cherokee Nation and its citizens, our leaders adopted an aggressive growth strategy with a goal of increasing our dividend to the Cherokee Nation. This is our first casino property located outside of the Cherokee Nation reservation. Today marks a historic moment for our businesses! Cherokee Nation Entertainment, our gaming and hospitality division, has officially taken over the operations of Gold Strike Casino Resort in Tunica, Mississippi. ![]()
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