Cherokee Nation Businesses

Cherokee Federal Named to Bloomberg Government’s BGOV200 List of Top Federal Contractors

Retrieved on: 
Thursday, June 22, 2023

Cherokee Federal , the federal contracting division of Cherokee Nation Businesses (CNB), today announced it has been ranked on Bloomberg Government’s list of the top 200 federal contractors for the third consecutive year.

Key Points: 
  • Cherokee Federal , the federal contracting division of Cherokee Nation Businesses (CNB), today announced it has been ranked on Bloomberg Government’s list of the top 200 federal contractors for the third consecutive year.
  • Rankings for the 12th annual BGOV200 are based on fiscal year 2022 data for unclassified, prime contracts awarded across all U.S. federal government agencies.
  • View the full release here: https://www.businesswire.com/news/home/20230622270810/en/
    Cherokee Federal, the federal contracting division of Cherokee Nation Businesses, earns its third consecutive ranking on Bloomberg’s list of top 200 federal contractors.
  • (Graphic: Business Wire)
    “We take great pride in being consistently acknowledged as one of the top federal contractors globally,” said Steven Bilby, president of Cherokee Federal.

VICI Properties Inc. Announces First Quarter 2023 Results

Retrieved on: 
Monday, May 1, 2023

VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, today reported results for the quarter ended March 31, 2023.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, today reported results for the quarter ended March 31, 2023.
  • VICI’s international expansion opens up a new frontier of investment opportunities as VICI aims to be an owner of premier global experiential real estate.
  • AFFO per share was $0.53 for the quarter, an increase of 18.6% compared to $0.44 for the quarter ended March 31, 2022.
  • In March 2023, the Company entered into two forward-starting interest rate swap agreements with an aggregate notional amount of $250.0 million.

Cherokee Federal Expands Cybersecurity and Information Technology Services, Acquires Criterion Systems

Retrieved on: 
Wednesday, March 1, 2023

Cherokee Federal , the federal contracting division of Cherokee Nation Businesses , today announced the acquisition of Criterion Systems , a leading cybersecurity and IT services company.

Key Points: 
  • Cherokee Federal , the federal contracting division of Cherokee Nation Businesses , today announced the acquisition of Criterion Systems , a leading cybersecurity and IT services company.
  • “The strategic decision to acquire Criterion was made with the evolving needs and long-term success of the customer in mind,” said Steven Bilby, president of Cherokee Federal.
  • For three years running, Criterion has received the 2022 HIRE Vets Gold Medallion Award from the U.S. Department of Labor.
  • Cherokee Federal brings demonstrated performance and an experienced team to help federal clients build solutions, solve complex challenges and serve America’s interests across the globe.

Cherokee Nation Businesses Completes Acquisition of Gold Strike Casino Resort

Retrieved on: 
Thursday, February 16, 2023

CNE Gaming Holdings LLC, an indirect subsidiary of Cherokee Nation Businesses , officially assumed operations of Gold Strike Casino Resort after receiving approval from the Mississippi Gaming Commission.

Key Points: 
  • CNE Gaming Holdings LLC, an indirect subsidiary of Cherokee Nation Businesses , officially assumed operations of Gold Strike Casino Resort after receiving approval from the Mississippi Gaming Commission.
  • Gold Strike Casino Resort is located on the Mississippi River, approximately 30 minutes from downtown Memphis.
  • Operations continue as usual, and the more than 1,100 team members dedicated to Gold Strike Casino Resort were retained.
  • For more information about Gold Strike Casino Resort, visit www.goldstrike.com .

VICI Properties Inc. Enters Into Lease Agreement With Cherokee Nation Businesses Related to the Gold Strike Casino Resort in Tunica, MS

Retrieved on: 
Thursday, February 16, 2023

VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that, in connection with the acquisition of the operations of Gold Strike Casino Resort (“Gold Strike”) by CNE Gaming Holdings, L.L.C., an indirect subsidiary of Cherokee Nation Businesses, L.L.C.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that, in connection with the acquisition of the operations of Gold Strike Casino Resort (“Gold Strike”) by CNE Gaming Holdings, L.L.C., an indirect subsidiary of Cherokee Nation Businesses, L.L.C.
  • (“CNB”), VICI has entered into a triple-net lease agreement with CNB with respect to the real property associated with Gold Strike.
  • Annual base rent payments under the Company’s master lease with MGM Resorts International (NYSE: MGM) (“MGM”) have been reduced by $40.0 million, to a total of $730.0 million, to account for MGM’s divestiture of the operations of Gold Strike.
  • Kramer Levin Naftalis & Frankel LLP served as legal counsel to VICI Properties.

MGM RESORTS INTERNATIONAL ANNOUNCES COMPLETION OF THE SALE OF THE OPERATIONS OF GOLD STRIKE TUNICA

Retrieved on: 
Thursday, February 16, 2023

LAS VEGAS, Feb. 15, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced it has closed on the sale of the operations of Gold Strike Tunica ("Gold Strike") to CNE Gaming Holdings, L.L.C., a subsidiary of Cherokee Nation Businesses, for $450 million in cash.

Key Points: 
  • LAS VEGAS, Feb. 15, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced it has closed on the sale of the operations of Gold Strike Tunica ("Gold Strike") to CNE Gaming Holdings, L.L.C., a subsidiary of Cherokee Nation Businesses, for $450 million in cash.
  • "Gold Strike is an iconic property in Mississippi, and the employees there represent southern hospitality at its finest," said Bill Hornbuckle, CEO & President, MGM Resorts International.
  • "I wish Gold Strike well, and firmly believe a bright future is ahead for this property."
  • At the closing of the transaction, MGM Resorts' master lease with VICI Properties, Inc. (NYSE: VICI) that currently includes the Gold Strike property will be amended to reduce the annual rent by $40 million to account for the Company's sale of the operations of Gold Strike.

MicroTech CEO Graces the Cover of January's Hispanic Executive Magazine

Retrieved on: 
Tuesday, December 13, 2022

TYSONS, Va., Dec. 13, 2022 /PRNewswire/ --Anthony "Tony" Jimenez, the President and CEO of MicroTech, is featured on the January 2023 cover of Hispanic Executive with the cover story entitled, "Tony's Tech Empire."

Key Points: 
  • TYSONS, Va., Dec. 13, 2022 /PRNewswire/ --Anthony "Tony" Jimenez, the President and CEO of MicroTech, is featured on the January 2023 cover of Hispanic Executive with the cover story entitled, "Tony's Tech Empire."
  • As Hispanic Executive shapes the dialogue on the cultural force that is Hispanic leadership, it amplifies the voices of those driving growth in the global marketplace.
  • "I am thrilled to be featured on the cover of Hispanic Executive and am honored to share my story.
  • Regularly described as one of the "hottest Hispanic businesses in the nation," MicroTech was ranked as the #1 Fastest-Growing Hispanic Company in the Nation for three consecutive years by Hispanic Business Magazine.

Cherokee Federal Hires Clint Bickett as Chief Operating Officer

Retrieved on: 
Monday, October 17, 2022

Cherokee Federal , a division of Cherokee Nation Businesses (CNB), today announced the hiring of Clint Bickett as Chief Operating Officer.

Key Points: 
  • Cherokee Federal , a division of Cherokee Nation Businesses (CNB), today announced the hiring of Clint Bickett as Chief Operating Officer.
  • View the full release here: https://www.businesswire.com/news/home/20221017005779/en/
    Cherokee Federal hires Clint Bickett as Chief Operating Officer to support the organization's aggressive growth plans.
  • I am excited about what Clint will bring to our organization, said Steven Bilby, president of Cherokee Federal.
  • Prior to joining Cherokee Federal, Bickett served as the interim president and chief financial officer of PAEs Global Mission Services, where he oversaw a $2 billion business and 13,000 employees.

MicroTech CEO Graces the Cover of Hispanic Executive Magazine

Retrieved on: 
Tuesday, August 23, 2022

TYSONS, Va., Aug. 23, 2022 /PRNewswire/ -- Anthony "Tony" Jimenez, the President and CEO of MicroTech, was selected to grace the cover of Hispanic Executive magazine this month in an article entitled, "Tony Jimenez Finds Success through Calculated Risks.

Key Points: 
  • TYSONS, Va., Aug. 23, 2022 /PRNewswire/ -- Anthony "Tony" Jimenez, the President and CEO of MicroTech, was selected to grace the cover of Hispanic Executive magazine this month in an article entitled, "Tony Jimenez Finds Success through Calculated Risks.
  • "The article can be found on Hispanic Executive website at https://hispanicexecutive.com/tony-jimenez-microtech-2/
    The mission of Hispanic Executive is to "unitethe leaders of the new majority.
  • "I am thrilled to be featured on the cover of Hispanic Executive and am honored to share my story to promote the accomplishments of Hispanic leaders," said Jimenez.
  • Regularly described as one of the "hottest Hispanic businesses in the nation," MicroTech was ranked as the #1 Fastest-Growing Hispanic Company in the Nation for three consecutive years by Hispanic Business.

Comerica Bank Names Joe Ursuy Executive Vice President, National Businesses for Energy, Renewables, and Waste

Retrieved on: 
Monday, August 22, 2022

DALLAS, Aug. 22, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced that Joe Ursuy has been named to the new role of Executive Vice President, National Businesses for Energy, Renewables, and Waste.

Key Points: 
  • DALLAS, Aug. 22, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced that Joe Ursuy has been named to the new role of Executive Vice President, National Businesses for Energy, Renewables, and Waste.
  • He will report to Mike Ritchie, Executive Vice President, Head of National and Specialty Businesses.
  • Ursuy most recently served as Senior Vice President, Director of Environmental Services, leading the Environmental Services Department (ESD) that he was instrumental in establishing among Comerica's Commercial Bank divisions and industry services.
  • Other industry associations Ursuy cultivates Comerica's relationship with include the National Waste & Recycling Association , The Coalition for Renewable Natural Gas , and Detachable Container Association .