JOURNAL ARTICLE
Native American businesses have diversified beyond casinos to become a rural economic force. Trump is cutting off a lifeline that goes beyond tribes.
Published In: Fortune.com, 2026. P. N.PAG 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Bove, Tristan 3 of 3
Abstract
The article focuses on the economic impact and challenges faced by tribally owned businesses in Oklahoma and across the United States, emphasizing their reliance on federal contracting programs. Tribes, such as the Chickasaw Nation which operates the WinStar World Casino, contribute significantly to state economies through diverse enterprises beyond gaming, supporting hundreds of thousands of jobs and billions in wages. However, recent declines in federal contracting opportunities, particularly within the Small Business Administration’s 8(a) program designed for economically disadvantaged entrepreneurs, have created financial uncertainty for tribal businesses. These contracting programs have historically been crucial for tribal economic growth and diversification, especially given the difficulties tribes face in accessing traditional financing due to their sovereign status. The reduction in federal support threatens not only tribal economies but also the broader rural and non-tribal communities that benefit from tribal business activities. [Extracted from the article]
Additional Information
- Source:Fortune.com. 2026/05, pN.PAG
- Document Type:Article
- Subject Area:History
- Publication Date:2026
- Accession Number:193690101
- Copyright Statement:Copyright of Fortune.com is the property of Fortune Media (USA) Corporation and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Looking to go deeper into this topic? Look for more articles on EBSCOhost.