Thursday, December 7, 2006

The Seminole Tribe of Florida buy the Hard Rock Cafe

The Seminole Native American tribe is unique among the indigenous people in the United States. They are the only tribe not to sign a peace treaty with the federal government and they call themselves "unconquered people". Unlike other tribes, they agreed to allow the Florida State University to use the Seminole nickname for its athletic teams.

The Seminoles were also the first tribe to enter to gambling. The profits from their gambling have allowed them to purchase the Hard Rock Cafe chain for 965 million dollars. The tribe now owns the world's largest collection of Rock and Roll memorabilia. I wonder of all of the possible available investments, they chose the Hard Rock chain.

3 Comments:

Blogger lemming said...

The Seminoles also welcomes and harbored escaped slaves - quite a group, IMHO.

re: purchase - symbolism?

December 07, 2006  
Blogger Timmy said...

hmm, that is interesting. I would love to know the answer to that.

December 08, 2006  
Blogger Vengelyne said...

Whoa... they're so loaded. How did they get that kinda money in the first place? Through gambling?

December 09, 2006  

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