Free-Play Blackjack
Free-Play Table Games
Free-Play Slots
Free-Play Poker
Free-Play Video Poker
500 Nations Casino

Live Dealer

Fire Rock's success spurs plans for 3 new casinos

#1 Casino Choice of U.S. Players
Blackjack • Slots • Tables • Live Dealer • Video Poker • Crypto
0 $3,000 Casino Welcome Bonus!
0 $3,750 Crypto Welcome Bonus!  BOVADA CASINO
April 3, 2009

WINDOW ROCK, AZ - The Fire Rock Casino has been a financial surprise to the Navajo Nation in terms of revenue. Its success has spurred the Navajo Gaming Enterprise to proceed with three more casinos as soon as possible.

Robert Winter, CEO of the Navajo Nation Gaming Enterprise, said the Fire Rock has "almost a 60 percent EBITA" (net profit before interest, tax, and amortization expenses). "There's probably no casino in the United States that has that number. In fact most of their numbers are going down. This is a fantastic number and it seems to be going up.

"We had an initial expansion of 70 slot machines about two weeks ago, and we are now building an expansion in the bingo hall for another 110 slot machines. That expansion should net $23 million a year after all expenses."

Winter said the board has now selected three new casinos it would like to proceed on as quickly as possible.

TWIN ARROWS (Arizona)
The Twin Arrows location is along Interstate Highway 40 in Leupp, Arizona.
It will be a major resort with an extimated cosgt of more than $500 million. The initial phase is estimated at $200 million.

UPPER FRUITLAND (New Mexico)
This will be a permanent structure proposed along the eastern boundary of Upper Fruitland on Navajo Route 36, just southwest of Farmington. An attached hotel is likely. Estimated cost is $70-$80 million.

I-40 & PINTA ROAD (Arizona)
The third project is a travel center-type facility with a casino proposed for Pinta Road off I-40 in Arizona between Navajo and Petrified Forest National Park.

"Altogether, in first phase construction, you're talking probably close to half a billion dollars for all three of facilities, but more importantly, what this means is jobs. We project that all of the facilities (including Fire Rock), once they're up and operating, will employ 3,000 people,"
Winter said. "We project that the payroll for all four casinos will amount to close to $90 million."

Return to Arizona Casinos.

Disclaimer: All images are copyright to their respective owners and are used by 500 Nations for informational purposes only.

500 Nations is an independent directory and information service free of any gaming operator's control and not affiliated with any casino.
Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located.