Morongonation

The Morongo Band of Mission Indians is a federally recognized American Indian tribe located in Cabazon.

Business Model: B2B Non-Profit

Revenue: $10M

Employees: 2-10

Detailed Morongonation Information

Geographic Data

Morongonation headquarters map

Address: 12700 Pumarra Road

City: Banning

State: CA

Zip: 92220

Country: US

Financial Info

Stage:

Raised Last:

$0

Raised Total:

$0

Metrics

1,765,210Website Global Rank

15,254Website Monthly Traffic

Twitter Followers

Description

Established in 1865, the Morongo Indian Reservation was one of nine small reservations created by President Ulysses S. Grant by executive order in 1876. In 1983, the path of Morongo&s;s future changed when tribal members started a modest bingo hall. From this building evolved one of the oldest and most successful Indian gaming facilities in California. The present $250 million destination which opened in late 2004, the Morongo Casino, Resort &a; Spa, is one of the largest tribal gaming facilities in the nation. With its diversification into non-gaming businesses, the tribe has become the largest private sector employer in the Banning-Beaumont region and is a major contributor to the Coachella Valley economy. The tribe now employs more than 3,000 people. An independent study reported that the tribe&s;s gaming and non-gaming businesses would generate more than $2.8 billion into the regional economy by 2008. The tribe pays payroll taxes, unemployment benefits, employee benefits and provides health programs. More than two thirds of the Morongo workforce is composed of residents from the Banning Pass and desert cities.

Contact Phone:
+19518494697

Contact Email:

Announced Date Company Transaction Money Raised
1/2017 Tribal Capital Markets Venture Round 0
1/2017 Tribal Capital Markets Venture Round 0
Announced Date Transaction Number of Investors Money Raised Lead Investors
Announced Date Name Price

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