Twin Arrows Navajo Casino Resort Delay Repayment of $200 Million Debt

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December 09, 2013

The Navajo Nation Gaming Enterprise is working on a plan to pack back the money barrowed to build the Twin Arrows Navajo Casino Resort. The plan would delay the repayment.

The casino is located near Flagstaff and cost $200 million to build. Visits to the casino have been slow.

More time is needed for the casino to turn a profit so that the debt can be repaid.

To help attract more visitors, new ways of advertising have been put in place. Along Interstate 40 the casino recently placed an electronic billboard. This will give a more eye catching image to people driving by. It is estimated that 2,500 people drove by the casino location each day in the summer.

Marketing plans for print ads and television are also planned. The hotel has also increased its visibility on search engines for Flagstaff trip planning.

Additional plans to bring more visitors include the development of property located near the casino. The lot is 40 acres. Plans include the building of a golf course, shopping center, condos, and a movie theater.

If the repayment plan is approved, the tribe will be able to postpone payments into the first quarter of next year.

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