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Article: What were the odds? South Beach welcomes its millionth customer

Article from:
Winnipeg Free Press
Article date:
August 18, 2007
Copyright

Dan Lett

THE South Beach Casino on the Brokenhead Ojibway First Nation had its one-millionth visitor a week ago yesterday -- a remarkable achievement for a facility that almost didn't get built.

South Beach earned profits of more than $7 million in the fiscal year ending in March on total revenue of more than $30 million. The seven first nations that are partners in the venture have to date received almost $400,000 each in dividends.

"I think it was a very good year for us," said Ali Alizadeh, president of Hemisphere Gaming of Manitoba, the U.S.-based casino management company that put up the capital to make South Beach a reality. "We're on target and maybe even a little ahead of what was ...

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