Dispute over Sexist Ads at Buffalo Thunder Concludes

Here is the news article in ICT by Rob Capriccioso. As many of us know, Pojoaque Pueblo is the home of the 2010 FBA Indian Law Conference.

SANTA FE, N.M – Noted legal scholar and Native American gender studies expert, Christine Zuni Cruz, has made her case against what she calls a striking case of sexism in the advertising of a Pueblo tribe’s casino. And she’s won.

On July 21, Zuni Cruz sent a fax to George Rivera, governor of the Pueblo of Pojoaque in northern New Mexico, in which she labeled a recent round of advertising for the tribe’s Buffalo Thunder Resort & Casino as sexist and culturally inappropriate.

The advertising contained questionable images of what looked to be female tribal members, which Zuni Cruz, a member of the Isleta Pueblo, said “demean the self-esteem of Native women.”

In the ads – which appeared on the Web and on billboards – the women were depicted in stylized poses next to a Mercedes as part of a casino promotion. In one ad, the Mercedes emblem was part of the earring of one of the women.

Continue reading

Bloomberg Report on Foxwoods Debt Default — Now $1.45B

From Bloomberg Report (miigwetch to K.C.):

Foxwoods Casino Owner Said to Seek Debt Restructuring

By Beth Jinks and Jonathan Keehner

Aug. 26 (Bloomberg) — Mashantucket Western Pequot Tribal Nation, owner of the Foxwoods Resort Casino, is seeking to restructure at least $1.45 billion in debt as winnings dwindle, according to a person with knowledge of the situation.

A restructuring plan has been submitted to creditors and the Connecticut casino’s owners have hired Miller Buckfire & Co., a New York investment bank, as an adviser, said the person, who declined to be identified because the talks aren’t public.

Foxwoods, one of the largest casinos in the U.S. by gambling space, may become the biggest tribal casino company to default. The operation has lost business to the recession and competition from new casinos and racetracks with slot machine-style video-lottery terminals in nearby states. Slot revenue fell 13 percent in July, the casino said on Aug. 14.

“They can’t do the types of things other debtors can in a restructure,” Megan Neuburger, an analyst at Fitch Ratings in New York, said today in an interview. “Tribal casinos can’t do a debt-for-equity swap. They can’t raise cash by selling off assets on tribal land” to repay creditors.

Continue reading