EMERGENCY GAMING RESOLUTION PURPOSE

The resolution came about because Blacks spend about $2 billion a year on gaming properties in Las Vegas and not one nickel of that money is returned to the black community to help assist the black business man/woman to enhance their economic capabilities.  Several presidents got together to discuss wherever there was gaming in their city or state and came up with this resolution which gives us an equal opportunity and a fair playing field to get involved with gaming wherever it exists.

EMERGENCY GAMING RESOLUTION

July 11, 2000

AFRICAN-AMERICAN AND OTHER MINORITY PARTICIPATION IN THE GAMING INDUSTRY

• Whereas, the gaming industry has realized unparalleled growth and expansion into new locations each year; and
• Whereas, expanding economic opportunities are being created in supplying goods and services as well as employment and ownership with the ever increasing gaming industry; and
• Whereas, our organization is concerned about the economic impact on African-American and other minority communities and the lack of economic inclusion at various levels within the industry; and
• Therefore Be It Resolved, that the Chairman of the Board of Directors shall appoint a task force for the Board to determine an effective strategy economic reciprocity to benefit the African-American and other minority communities in the areas of employment, economic and community development.  The philanthropic sharing of financial benefits, ownership and direct participation of African-American and other minority entrepreneurs as well as the procurement of goods and services shall be part of such strategy to benefit African-Americans and other minorities; and
• Therefore Be It Finally Resolved, that the task force in an effort to have the gaming industry considered by the President/CEO as an Economic Reciprocity Initiative target for 2001 will report its findings to the President/CEO by February 2001. [PRESS NEWS]