“Rolin’ in the doe,” was a phrase carped by Cheryl Frye Cromwell when she talked about her
Cheryl was smart enough to get her kids educated in the deal. But in the end, she’s still with an indicted husband and works at Cumberland Farms.
family, the Fryes benefiting from their control of the Tribal levers of power. That was back in the day, but still rings true when you look at who brought them to power …GENTING. Genting was struggling. Profits were under water, until it opened Resorts World in Las Vegas two months ago. You may recall, some of our Council members went out there during the grand opening.
Well according to Casino.org:
Bet you didn’t know we were building a big_ss casino in Las Vegas did ya?
Genting Malaysia is part of the sprawling industrial conglomerate known as Genting Berhad, which is the official owner of the Las Vegas Strip integrated resort. The Malaysian unit owns 100 percent of Resorts World New York City (RWNYC) and nearly half of Resorts World Catskills (RWC) in upstate New York. Resorts World Las Vegas opened two months ago, and while the owner isn’t yet breaking out revenue figures for the new venue, the debut of the latest Strip casino-resort was well-timed, because Sin City is rebounding more rapidly than other major global gaming markets.
Genting is only making money, big money in the US.
When you think about it, the Council members and others Genting treated to the Las Vegas “Grand
We supposedly spent $39 m on architectural designs for First Light. The elaborate Genting Las Vegas casino clearly benefited not us. Not even a steel girder in the ground.
Opening” were enjoying what the Mashpee Wampanoag built. About 1/5 of the money used to built the joint likely came from us, through the infamous Gaming Authority. All those hundreds of millions of dollars that were unaccounted for went to La Vegas. We got nothing but a _hitload of interest and a lotta humiliation.
The power couple with huge credentials at the height of their careers. Kevin’s psychologist wife of 15 years, SuGinia Sears-Jones is the mother of 3 beautiful daughters. A psychologist, how cool!
Kevin Jones the Genting pitchman, is back at it again trying to rope the Council back in for the kill. He’s working with one particular officer, part of the old Cromwell regime… It’s his job you see. But considering his credentials, it’s surprising that a proud HBCU graduate of Clark-Atlanta (and he went to Princeton and Harvard) would be so callous in his methods to lure the tribe into an incredibly bad deal. Course, the Council officer is “intrigued.” Ahem….
But Gentings’ torrid history with eastern tribes is legendary. The rise and fall of the Pequot is a stunning reminder that the Malaysian moguls take no prisoners. Remember, Genting built Foxwoods, the Pequot got paid huge, (Genting too), but they had no fall back economic development plan to buffer the decline of their casino/hotel. That’s mandatory because casino experts will tell you that the aura of any casino wears thin in 15 years. The Pequot were kept in the dark completely and had little help with managing tribal or personal assets. And you know the rest of the story. MGM Grand right behind Foxwoods is no longer a partner and the Pequot are into outlet malls while eyeing a license in Milford Ma. The Malaysians are egregious and predatory.
Actually, the Pequot fared better than we did. At least they had a taste of the casino high life. Now we’re faced with a low grade gaming option, more debt and no answers about what and when tribal members get paid if we do anything. Course with Genting, we get nothing. What about the continuing lawsuits over LIT ? What about the Justice Department? Riding with these guys puts us on the Pequot road.
Kevin is fighting our attempts to be independent and find new interest free recurring revenue and gaming alternatives that pay members directly. He thinks he has to approve hires by the new administration to address these and other issues. That’s dumbfounding. It’s tantamount to being SHARECROPPERS!
Pretty shady but transparent. We’re still prisoners of Genting.
