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Finance

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A Native community development financial institution that has helped tribes reacquire 70,000 acres of ancestral land is preparing for its next growth phase under new leadership.

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WarHorse Gaming, LLC, Nebraska’s largest casino operator, has refinanced $300 million in startup loans with a new five-year deal that will fund ongoing expansions and the construction of a third casino.

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Ten Native community development financial institutions will receive $1.95 million in technical assistance grants from the U.S. Treasury Department — about half of the $3.72 million awarded in the previous fiscal year through the Native American CDFI Assistance (NACA) program, according to Treasury.

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The Dry Creek Rancheria Band of Pomo Indians secured a $225 million financing commitment from Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) to support construction of the Caesars Republic Sonoma County resort on the site of the current River Rock Casino.

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Native American Bank opened its first retail branch in Washington state earlier this month, marking the next step in a strategic push into Pacific Northwest markets where nearly half of all federally recognized tribes are located.

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The Mississippi Band of Choctaw Indians closed on $295 million in senior secured credit facilities on Aug. 8, 2025, to refinance debt, fund capital projects, and build a new middle and high school campus.

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Native American Bank announced it provided a $5.2 million bridge loan to Metlakatla Power & Light to complete an infrastructure project connecting the Metlakatla Indian Community on Annette Island to mainland Alaska's power and broadband systems.

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The Tule River Tribe Gaming Authority closed on $350 million in senior secured credit facilities this spring to refinance debt and fund expansion of the Tribe’s Eagle Mountain Casino in Porterville, Calif.

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In a rare show of pooled capital, eight Native community development financial institutions are joining Mission Driven Finance in a $9 million loan package to build a regenerative flour mill on the Umatilla Indian Reservation — a deal that points to new possibilities for Indigenous-led finance.

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Looking to deepen its role in the defense sector and gain early access to emerging technology firms, Waséyabek has invested $5 million in Michigan Capital Network, a Grand Rapids-based venture capital and angel investing firm recently selected for a federal innovation initiative.